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Paytm on its way to becoming India’s largest online travel booking platform

When traveling is our one of the desire nowadays, ticket booking is an essential step towards it.

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Paytm on its way to becoming India’s largest online travel booking platform

JollyRJollyR Posts: 203
edited August 2018 in Paytm In News
When traveling is our one of the desire nowadays, ticket booking is an essential step towards it. And, the best part that your own Paytm is going to help you to reach your 'Travelling Goals'.




- Sold over 38 Mn tickets in FY ‘18; registers 3X growth as compared to FY ‘17
- Targets 2X growth in FY ’19 across its Flights, Trains and Bus ticketing businesses
- 60% of growth over the past year from tier II and tier III cities
- Over 85% of travel bookings are through the Paytm app

New Delhi, May 16, 2018: One97 Communications Limited, which owns the brand
Paytm, which is India’s largest payments company, has acquired a significant share of India’s online travel market within a very short span of time. Driven by the consistent growth in its Flights, Trains, and Bus ticketing categories Paytm have sold over 38 Mn tickets in FY ‘18 alone and is aiming 2x growth in ticketing volumes by end of FY ‘19 – making it the dominant player in the online travel booking space.

Paytm has been able to effectively address the needs of mobile-only travelers across India. In less than two years of launch, it has seen a massive surge in bookings – emerging as IRCTC’s largest reseller of train tickets, second largest player for bus tickets and among the top three players in flights. Today more than 85% of all travel bookings come from the app, and its travel offerings are vastly popular across the metros, mini metros as well as tier2 and 3 cities such as like Jaipur, Indore, Vizag, and Lucknow among others. This growth has been largely driven by Paytm’s strong penetration in non-metros coupled with product disruptions like FREE Cancellation that starts as low as Rs.49 for Flights and Rs.3 for Bus, Zero processing fee on cancellation of flight tickets and instant refunds among others. The company has also forged direct relationships with all major domestic and international airlines.

Abhishek Rajan, Vice President – Paytm said, “We are excited about the overwhelming response received over the past year. Interestingly 60% of our growth has come from smaller cities, pointing at a rapid adoption of online travel services in smaller cities where Paytm has a deep penetration. We believe our focus on solving customer needs and creating disruptive product experiences has played a crucial role in offering the confidence to book their travel online. This year, we plan to double our tech team as we continue to focus on building experiences that travelers love. Our goal is to build the country’s most preferred destination for all kinds of travel needs.”



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