![Reliance Capital sells Yatra Stake Reliance Capital sells Yatra Stake](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgxe3o-rQmaRO32nF9zJ7s3poMcZ7QrjjY6Wj2NEMdgcKzRpkiBEK40-yZwFCYwAIqtiKZ7_MuHz3EwHizsw4ikv9qZBIzm039WBw_j389bF_9dr-_p7SR15kvv6kCIt-o_vU-1HP6v5PE/s1600/reliance-yatra.jpg)
As per an ET report, the arrangement is relied upon to be shut in 4-6 weeks and puts the aggregate valuation of the Yatra.com at around INR 3,000 crore. Different investors in travel portal incorporate Norwest Venture Partners (30 per cent), TV-18 gathering (10 per cent), Intel Cap (7 per cent), Valliant Capital (10 per cent) and 6 percent owned by its management group.
Yatra.com is specifically contending with Makemytrip which is having a business estimation of USD 1.2 billion with an operating pay of USD 116 million for the year. While, Yatra.com remained at USD 50 million operating pay every year.
A month ago, SAIF Partners had sold off its 2.41 percent stake in Mumbai-based nearby search provider, Justdial for an aggregate sum of INR 254 crore.
It is intriguing how investors are getting along away with their holding in non-retail e-trade organizations, which are apparently gainful as against online retail. Appears as though they feel they have effectively earned as much as they could.
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