Online travel portal Yatra.com is set to become a $120-million company by December.

The company has tied up with Reliance Capital to offer online travel solutions through the Reliance Web World outlets. The travel desks in these outlets will handle the operations.

The company has three investors Norwest Venture Partners, Reliance Capital and TV18. Together they have pumped in $10 million in Yatra.com. Reliance Capital and TV18 are the strategic investors. The company has been earning revenues in excess of $5 million a month.

Besides Yatra.com, four other big players in the online travel market include makemytrip.com, cleartrip.com, indiatimestravel.com and travelguru.com.

Get the full story at The Telegraph