India, June 22 -- Travel tech company Yatra has denied reports claiming that the promoters of ixigo are in advanced discussions to acquire a substantial stake in the company.

According to sources cited by CNBC Awaaz, ixigo was preparing to acquire the promoters' stake in Yatra Online. The company is reportedly looking to buy between 15% and 20% of the promoters' shareholding.

The report added that ixigo had already submitted a formal bid for the proposed transaction. The discussions for the stake sale were said to be in the final stages.

As of March 31, 2026, Yatra's promoters - THCL Travel Holding Cyprus Ltd and Asia Consolidated Dmc Pte Ltd - held 62.66% stake or 9.83 Cr in the company. Earlier in February, THCL Travel Holding Cyprus...