Online travel company Yatra has announced a leadership restructuring, appointing Siddhartha Gupta as its new CEO, while co-founder Dhruv Shringi steps down as chief executive officer to take on the role of executive chairman. The change marks a shift in responsibilities, with Shringi focusing on long-term strategic direction, value creation, and global expansion in coordination with the board and senior leadership team.
Yatra Appoints New CEO
The company has concurrently appointed Siddhartha Gupta, former president of Mercer India, as its new chief executive officer. Gupta has held leadership roles at SAP, HP and other enterprise technology and SaaS businesses. His appointment aligns with Yatra’s growing emphasis on business travel solutions and technology-led services.
Gupta is expected to oversee business operations, enhance the company’s technology and service offerings and expand growth across Yatra’s portfolio. The platform’s focus on the corporate travel segment has become central to its recently reported business performance.
Executive Transition
Shringi will continue to guide Yatra’s long-term strategy after serving as CEO since the company’s inception. His transition comes as the platform accelerates its corporate travel operations and competes in a crowded traveltech market dominated by business travel spending. The company believes that Gupta’s background in enterprise solutions supports its B2B-first approach.
In a statement issued by the company, Shringi said that Gupta’s expertise strengthens Yatra’s ability to expand globally while consolidating its industry position in India. He noted that the incoming CEO will help scale managed travel services and unlock new growth in overseas markets. The company has said it will emphasise technology integration and enterprise partnerships as it refines its offerings.
Gupta said his priority is to accelerate growth and deliver higher value to customers, particularly through upgrades to Yatra’s services portfolio. He highlighted plans to strengthen the platform’s international presence and improve capabilities in managed corporate travel.
Business Performance
The leadership change follows a period of expansion in Yatra’s corporate travel segment. The company has onboarded 148 new corporate clients in the past twelve months, with an estimated annual business potential exceeding ₹700 crore. These additions reflect growing demand for managed travel services among enterprises adopting technology-led booking and reporting systems.
Yatra has also reported a rise in financial performance. Revenue from operations for the quarter ending September 2025 increased 48 per cent to ₹350.8 crore. Profit for the same period reached ₹14.27 crore, while first-half FY26 revenue stood at ₹560.6 crore with profit of approximately ₹30.27 crore. The company claims that its business travel strategy has supported higher client retention and increased transaction value.
Yatra’s leadership transition takes place at a time when competition among online travel companies is shifting toward corporate and business trip management. Enterprise travel continues to recover as businesses resume in-person engagements and travel planning platforms increase focus on compliance, cost optimisation and reporting features. The firm believes that its combination of technology capability and enterprise experience positions it for further expansion.
Traveltech Startups
India’s traveltech sector has been expanding beyond consumer ticketing into business travel management, expense automation and loyalty solutions. Startups and established platforms are building systems that integrate travel bookings with corporate finance, procurement and compliance workflows. As digital adoption deepens across enterprises, competition is gradually moving toward specialised solutions in managed travel rather than generic ticketing services.
Platforms targeting business clients increasingly rely on SaaS-driven tools, reporting dashboards and policy-based booking systems. With global travel returning to pre-pandemic levels, industry players are focusing on niche capabilities that personalise travel planning while streamlining corporate expenses. In this evolving environment, leadership shifts such as those at Yatra underline how established traveltech companies are adapting to a sector driven by enterprise solutions rather than consumer-only offerings.
