Yatra has filed a lawsuit against Atlanta-based software firm Ebix seeking substantial damages over alleged breach of deal terms. The firm has also terminated a pending merger agreement with Ebix. In July 2019, Ebix announced the Yatra acquisition plan at $337.8M enterprise value to strengthen its position in India’s hotel and flight ticketing market. Sharing its financials, Yatra said it had $32.5M in total liquidity with $1.2M being current monthly operating fixed cost.

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