NEW YORK, Dec. 30, 2016 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced that the warrants of Yatra Online, Inc. (OTCQX: YTROF), one of the fastest growing consumer travel platforms and the second largest online travel agency in India, have qualified to trade on the OTCQX® Best Market.
The Yatra warrants begin trading today on OTCQX under the symbol "YTROF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Yatra to the OTCQX market," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Trading on OTCQX will allow Yatra to provide U.S. investors a convenient method to trade its warrants and access the company's news and financial disclosure. We look forward to supporting Yatra and its warrant holders in the public markets."
Dhruv Shringi, Yatra's Co-Founder and Chief Executive Officer, said, "Over the course of the past decade, Yatra has established itself as one of the leading brands and companies in the Indian Internet and e-commerce space. Accessing the capital markets is an important part of our growth strategy. We appreciate the opportunity to provide our warrant holders access to an efficient and liquid market on OTCQX."
Founded in 2006 by venture capital firms and experienced travel industry and technology executives, Yatra is a leading online travel agent and consolidator of travel products based in Gurgaon, India. Yatra has emerged as the most trusted eCommerce travel brand in India as ranked by The Economic Times, Brand Equity's Most Trusted Brand Survey 2015, and has won three awards at the Indian government's Ministry of Tourism National Tourism Awards - 'Outstanding performance as a Domestic Tour Operator (Rest of India),' 'Outstanding performance as a Domestic Tour Operator in Jammu and Kashmir' and 'Outstanding performance as an Inbound Tour Operator-Category C.'
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
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SOURCE OTC Markets Group Inc.