NEW YORK and GURGAON, India, Dec. 30, 2016 /PRNewswire/ -- Yatra Online, Inc. (NASDAQ: YTRA), one of the fastest growing consumer travel platforms and the second largest online travel agency in India, today announced that the Company's warrants have been approved to trade on the OTCQX® Best Market ("OTCQX"). Yatra's warrants will commence trading on OTCQX under the ticker symbol "YTROF" on December 30, 2016.
Yatra's common stock commenced trading on the NASDAQ Stock Market on December 19, 2016.
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. Listing Yatra's shares and warrants 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 the OTCQX."
Yatra was founded in 2006 by venture capital firms and experienced travel industry and technology executives. Yatra is a leading consolidator of travel products. Yatra has India's largest hotel network of 61,000 hotels. With more than four million customers, Yatra has emerged as the most trusted e-commerce travel brand in India, as ranked by The Economic Times. To further accelerate its growth, Yatra has entered into a strategic relationship with an affiliate of Reliance Industries Limited, one of India's largest conglomerates, in which Yatra's mobile app will be pre-installed on up to 35 million Reliance Jio LYF smartphones over the course of the next 36 months as Reliance launches one of India's largest 4G mobile networks.
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SOURCE: Yatra USA Corp. (f/k/a Terrapin 3 Acquisition Corporation)
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SOURCE Yatra USA Corp.