# EDGAR Filing Document

**Accession Number:** 0001516899
**File Stem:** 0000902664-26-001448
**Filing Date:** 2026-3
**Character Count:** 15217
**Document Hash:** f41ba73b1be52b9c805f3eca2b053abb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000902664-26-001448.hdr.sgml**: 20260305

**ACCESSION NUMBER**: 0000902664-26-001448

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260305

**DATE AS OF CHANGE**: 20260305

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Yatra Online, Inc.
- **CENTRAL INDEX KEY:** 0001516899
- **STANDARD INDUSTRIAL CLASSIFICATION:** TRANSPORTATION SERVICES [4700]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 980484894
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-89731
- **FILM NUMBER:** 26726587

**BUSINESS ADDRESS:**
- **STREET 1:** GULF ADIBA, PLOT NO. 272, 04TH FLOOR
- **STREET 2:** UDYOG VIHAR, PHASE-II, SECTOR-20
- **CITY:** GURGAON
- **STATE:** K7
- **ZIP:** 122008
- **BUSINESS PHONE:** 650-843-5214

**MAIL ADDRESS:**
- **STREET 1:** GULF ADIBA, PLOT NO. 272, 04TH FLOOR
- **STREET 2:** UDYOG VIHAR, PHASE-II, SECTOR-20
- **CITY:** GURGAON
- **STATE:** K7
- **ZIP:** 122008
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Altai Capital Management, L.P.
- **CENTRAL INDEX KEY:** 0001478982

**ORGANIZATION NAME:**
- **EIN:** 270488863
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**BUSINESS ADDRESS:**
- **STREET 1:** 9040 SUNSET BLVD #1004
- **CITY:** WEST HOLLYWOOD
- **STATE:** CA
- **ZIP:** 90069
- **BUSINESS PHONE:** 949-326-9611

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 15203
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92623-9998

## Exhibit 99.1

**EXHIBIT 99.1**

**JOINT FILING AGREEMENT**

The undersigned hereby agree that the statement on Schedule 13D with respect to the Ordinary Shares of Yatra Online, Inc., dated March 5, 2026, is, and any further amendments thereto signed by each of the undersigned shall be, filed on behalf of each of the undersigned pursuant to and in accordance with the provisions of Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended.

DATED: March 5, 2026

---

| | |
|:---|:---|
| **ALTAI CAPITAL MANAGEMENT, L.P.** | **ALTAI CAPITAL MANAGEMENT, L.P.** |
| By: | /s/ Rishi Bajaj |
| Name: | Rishi Bajaj |
| Title: | Authorized Signatory |
| **ALTAI CAPITAL MANAGEMENT, LLC** | **ALTAI CAPITAL MANAGEMENT, LLC** |
| By: | /s/ Rishi Bajaj |
| Name: | Rishi Bajaj |
| Title: | Authorized Signatory |
| **RISHI BAJAJ** | **RISHI BAJAJ** |
| By: | /s/ Rishi Bajaj |
| Name: | Rishi Bajaj |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**Yatra Online, Inc.**

*(Name of Issuer)*

**Ordinary Shares, par value $0.0001 per share**

*(Title of Class of Securities)*

**G98338109**

*(CUSIP Number)*

**Rishi Bajaj**<br>Altai Capital Management, L.P.<br>PO Box 15203<br>Irvine CA 92623-9998<br>949-326-9612

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**03/05/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **G98338109** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Altai Capital Management, L.P.** | Name of reporting person<br>**Altai Capital Management, L.P.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**3252708.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**3252708.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3252708.00** | Aggregate amount beneficially owned by each reporting person<br>**3252708.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.1%** | Percent of class represented by amount in Row (11)<br>**5.1%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

| **CUSIP No.** | **G98338109** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Altai Capital Management, LLC** | Name of reporting person<br>**Altai Capital Management, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**3252708.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**3252708.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3252708.00** | Aggregate amount beneficially owned by each reporting person<br>**3252708.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.1%** | Percent of class represented by amount in Row (11)<br>**5.1%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**HC** | Type of Reporting Person (See Instructions)<br>**HC** | |

---

| **CUSIP No.** | **G98338109** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Rishi Bajaj** | Name of reporting person<br>**Rishi Bajaj** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**3252708.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**3252708.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3252708.00** | Aggregate amount beneficially owned by each reporting person<br>**3252708.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.1%** | Percent of class represented by amount in Row (11)<br>**5.1%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Ordinary Shares, par value $0.0001 per share

**(b) Name of Issuer:**
Yatra Online, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
GULF ADIBA, PLOT NO. 272, 04TH FLOOR, UDYOG VIHAR, PHASE-II, SECTOR-20, GURGAON, K7, 122008

**Item 4. Purpose of Transaction**

The Reporting Persons acquired the Ordinary Shares to which this Schedule 13D relates for investment purposes in the ordinary course of business. The Reporting Persons acquired the Ordinary Shares because they believed that the Ordinary Shares reported herein, when purchased, represented an attractive investment opportunity.

The Reporting Persons and their representatives have, from time to time, engaged in, and expect to continue to engage in, discussions with members of management of the Issuer and the board of directors of the Issuer (the "Board"), other current or prospective shareholders, industry analysts, existing or potential strategic partners or competitors, investment and financing professionals, sources of credit and other third parties regarding a variety of matters relating to the Issuer, which may include, among other things, the Issuer's Board composition (including representation on the Board), valuation, business, management, capital structure and allocation, corporate governance, investor communications, and strategic alternatives and direction, and may take other steps seeking to bring about changes to increase shareholder value as well as pursue other plans or proposals that relate to or could result in any of the matters set forth in clauses (a)-(j) of Item 4 of Schedule 13D.

The Reporting Persons intend to review their investment in the Issuer on a continuing basis. Depending on various factors, including, without limitation, the outcome of any discussions referenced above, the Issuer's financial position, results and strategic direction, actions taken by the Issuer's management and the Board, price levels of the Ordinary Shares, other investment opportunities available to the Reporting Persons, conditions in the securities market and general economic and industry conditions, the Reporting Persons may in the future take such actions with respect to their investment in the Issuer as they deem appropriate, including, without limitation, exchanging information with the Issuer or other third parties pursuant to appropriate confidentiality or similar agreements, proposing changes in the Issuer's operations, governance or capitalization, acquiring additional Ordinary Shares and/or other equity, debt, notes, instruments or other securities of the Issuer (collectively, "Securities") or disposing of some or all of the Securities beneficially owned by them, in public market or privately negotiated transactions, entering into financial instruments or other agreements that increase or decrease the Reporting Persons' economic exposure with respect to their investment in the Issuer and/or otherwise changing their intention with respect to any and all matters referred to in Item 4 of Schedule 13D.

Except to the extent the foregoing may be deemed a plan or proposal, none of the Reporting Persons has any plans or proposals which relate to, or could result in, any of the matters referred to in subparagraphs (a) - (j) of Item 4 of Schedule 13D.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The responses of the Reporting Persons to rows (11) through (13) of the cover pages of this Schedule 13D are incorporated herein by reference. All percentages set forth herein are based upon a total of 63,929,922 Ordinary Shares outstanding as of December 31, 2025, pursuant to information contained in the Issuer's Form 6-K filed with the SEC on February 11, 2026.

For purposes of disclosing the number of shares of Ordinary Shares beneficially owned by each of the Reporting Persons, Investment Manager, IMGP and Mr. Bajaj may be deemed to own beneficially (as that term is defined in Rule 13d-3 under the Act) all Ordinary Shares that are owned beneficially and directly by the Reporting Persons. Each of Investment Manager, IMGP and Mr. Bajaj disclaims beneficial ownership of such Ordinary Shares for all other purposes.

**(b)**
The responses of the Reporting Persons to rows (7) through (10) of the cover pages of this Schedule 13D are incorporated herein by reference.

**(c)**
No transactions in the Ordinary Shares have been effected by the Reporting Persons during the past sixty days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

There are no contracts, arrangements, understandings or relationships (legal or otherwise) among the Reporting Persons and between the Reporting Persons and any person with respect to any securities of the Issuer, including any class of the Issuer's securities used as a reference security, in connection with any of the following: call options, put options, security-based swaps or any other derivative securities, transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Altai Capital Management, L.P.

**Signature:** /s/ Rishi Bajaj

**Name/Title:** Rishi Bajaj, Authorized Signatory

**Date:** 03/05/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Altai Capital Management, LLC

**Signature:** /s/ Rishi Bajaj

**Name/Title:** Rishi Bajaj, Authorized Signatory

**Date:** 03/05/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Rishi Bajaj

**Signature:** /s/ Rishi Bajaj

**Name/Title:** Rishi Bajaj, Individually

**Date:** 03/05/2026