UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

§ 240.13d-2(a)

(Amendment No. 2)¹

Ordinary Shares, par value $0.0001 per share

(Name of Issuer)

G98338109

(Title of Class of Securities)

TIMOTHY J. MAGUIRE

5625 East Nauni Valley Drive

Paradise Valley, Arizona 85253

(610) 517-6058

(CUSIP Number)

STEVE WOLOSKY, ESQ.

OLSHAN FROME WOLOSKY LLP

1325 Avenue of the Americas

New York, New York 10019

(212) 451-2300

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

July 27, 2021

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ¨.

Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See § 240.13d-7 for other parties to whom copies are to be sent.

1              The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

The following constitutes Amendment No. 2 to the Schedule 13D filed by the undersigned (“Amendment No. 2”). This Amendment No. 2 amends the Schedule 13D as specifically set forth herein.

Item 4 is hereby amended to add the following:

On July 27, 2021, the Reporting Persons issued an open letter to the Issuer’s shareholders reiterating their belief that the Issuer is well positioned to benefit from the post-COVID travel recovery and detailing certain revenue and margin growth opportunities apparently overlooked by the Issuer’s management and Board of Directors (the “Board”) that could drive the Issuer’s stock to $6.00 per Share on $100 million in sales in 2022, assuming a conservative a 3x price to sales multiple. The letter also expressed the Reporting Persons’ serious concerns with the disappointing shareholder returns of the Issuer to date, which they attributed to a number of reasons including: (i) the need for an overhaul of the Issuer’s extremely shareholder-unfriendly corporate governance profile and a lack of transparency in its executive compensation packages, (ii) its subpar operational performance to date, (iii) questionable decision-making behind the failed merger with Ebix, Inc., and lastly, (iv) a lack of operational and industry experience among members of the Board and management, which may be a contributing factor to each of the aforementioned issues. The letter concluded with the Reporting Persons’ outline of a series of actions readily within the control of the Issuer’s senior management and Board to address these issues and create shareholder value, referred to in the letter as the "Yatra 2022 Plan”, as well as the Reporting Persons’ call for the Issuer’s unaffiliated shareholders to unite their voices in demanding the Issuer’s Chief Executive Officer Dhruv Shringi and the other members of the Board immediately announce a date for the Issuer’s 2021 annual general meeting of shareholders and enact the three key precepts of the Yatra 2022 Plan outlined in the letter. A copy of the letter is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Item 7 is hereby amended to add the following exhibit:

SIGNATURES

After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: July 27, 2021

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