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Yatra Online surges on unveiling Gen AI-powered expense management solution

30 May 2024 Evaluate

Yatra Online is currently trading at Rs. 132.30, up by 3.20 points or 2.48% from its previous closing of Rs. 129.10 on the BSE.

The scrip opened at Rs. 134.00 and has touched a high and low of Rs. 134.00 and Rs. 129.05 respectively. So far 2015 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 193.95 on 02-Feb-2024 and a 52 week low of Rs. 124.50 on 30-Oct-2023.

Last one week high and low of the scrip stood at Rs. 141.25 and Rs. 128.55 respectively. The current market cap of the company is Rs. 2025.79 crore.

The promoters holding in the company stood at 64.46%, while Institutions and Non-Institutions held 28.55% and 6.99% respectively.

Yatra Online has launched its expense management solution to enable both international and domestic enterprises to manage their business expenditure efficiently. This highly scalable tool will revolutionize the way businesses handle both travel and non-travel expenses, offering unparalleled efficiency and accuracy. 

The comprehensive solution promises to streamline the entire expense management process, while offering a seamless integration of travel bookings and expense tracking. Yatra's Expense Management Solution stands out with its utilization of cutting-edge technologies including GenAI Large Language Models (LLMs) for receipt analysis. 

Unlike traditional OCR technology, this ensures more accurate and comprehensive expense tracking, significantly reducing errors and saving time. Additionally, it features an integrated chatbot based on Gen AI and RAG models. Designed as an end-to-end travel solution, the tool manages everything from booking flights, hotels, and cars to recording incurred expenses during travel within a single platform. 

Yatra Online provides information, pricing, availability, and booking facilities for domestic and international customers.


Peers
Company Name CMP
Thomas Cook (India) 103.80
IRCTC 460.70
TBO Tek 1696.80
Le Travenues Techno 159.05
Yatra Online 104.85
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