Yatra names Siddhartha Gupta as CEO after co-founder Dhruv Shringi takes over as chairman

Dhruv Shringi yatra

Yatra co-founder Dhruv Shringi has stepped down from the position of the chief executive officer and taken over as executive chairman, the company said in a stock exchange filing on November 25. Siddhartha Gupta has taken over as the new CEO.

In this new role, Shringi will guide Yatra’s long-term vision with a sharp focus on global expansion, innovation, and shareholder value creation, working in close collaboration with the Board and leadership team, the filing said.

“It has been a privilege to lead Yatra since its inception and to see it evolve into one of India’s most trusted and innovative travel brands, serving both corporate and consumer segments. With Siddhartha coming on board, we are bringing in the right leadership at the right time. His depth of experience in enterprise sales and SaaS aligns perfectly with Yatra’s B2B-first strategy ,” Shringi said.

"Yatra has always been ahead of the curve in anticipating the needs of businesses, and with Siddhartha’s expertise, I am confident we will not only consolidate our leadership in India but also unlock new growth opportunities globally. I look forward to collaborating with Siddharth and the team to further strengthen Yatra’s leadership in corporate travel and expand our footprint globally."

With more than 25 years of experience in enterprise technology and B2B (Business-to-Business) SaaS (Software as a Service), Gupta brings expertise in scaling businesses, driving digital transformation, and building strong customer partnerships, the company said.

His leadership track record includes senior roles at SAP, HP, and high-growth SaaS ventures in India and overseas.

“I am excited to join Yatra at such a pivotal point in its journey... My focus will be on accelerating growth, enhancing our technology and service portfolio, and delivering greater value to our customers. Together, we will scale Yatra to new heights, strengthen our international presence, and continue setting benchmarks in managed business travel,” Gupta said.

Over the past 12 months, Yatra has onboarded 148 new corporate clients, representing an annual potential business worth over Rs 700 crore, the company said in the release.