Yatra Online, Inc. (“Yatra”) (NASDAQ: YTRA, OTCQX: YTROF), India’s leading online corporate travel platform servicing 850+ corporate and 20,000+ SME clients, and Zaggle, a leading FinTech start-up have announced their partnership to deliver streamlined, integrated expense automation solutions for corporates and SMEs in India.
Zaggle’s state-of-the-art technology helps compiling corporate spends using proprietary technology platforms resulting in business efficiencies. This partnership, will enable Yatra to deliver an efficient expense management system and corporate card program along with its existing online travel solution. These solutions will further enable Yatra to seamlessly digitize business spends.
Commenting on the partnership, Dhruv Shringi, Co-founder and Chief Executive Officer, Yatra.com said, “We are diversifying beyond our portfolio of travel to become an end to end business solution partner for our clients. Joining hands with Zaggle helps us drive efficiencies for our clients by automating the expense management process. Our technology platforms complement each other and we look forward to growing with Zaggle to drive lasting business impact for our clients.”
Mr. Raj N, Founder, Zaggle said, “We strengthen our product portfolio by leveraging technological advancements to provide hassle-free solutions. By partnering with Yatra, we will be able to maximize our reach in to the corporate segment and further strengthen our base in the expense management industry. Yatra’s strong hold in the B2E sector provides us a great opportunity to empower businesses across sectors and improve their efficiency and accuracy in terms of expenditure.”
Zaggle currently works with more than 3,500 large customers and has over 10,000 merchant relationships. Zaggle’s tech solutions help businesses manage employee tax benefits, employee reimbursement and expenses, rewards and recognition. With this partnership, Yatra assists leading businesses to enforce expense policies, provide an optimal travel experience and save costs.