Paytm crosses 100 million travel ticket bookings milestone

Jan 23, 2019, 10:33 AM IST
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Digital payments company Paytm Tuesday said it has crossed a milestone of selling over 100 million flight, train and bus tickets within three years. The company said it has acquired a customer base of nearly 13 million as of January 2019. It further said it is aiming for a two-fold growth in travel ticketing volume in 2019-20.

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Paytm, the brand owned by One97 Communications, had set up its travel business in Bengaluru in 2016 with the launch of flight and train bookings through its app and website. 

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A large chunk of the travel ticket bookings on Paytm is driven through its mobile app.

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Paytm said it has witnessed three times growth in its 'travel business' with more than 38 million tickets sold in 2017-18.

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"The company has been able to effectively address the needs of mobile-only travellers by introducing a host of new features to simplify ticketing for first-time users across tier-II and III cities. The company also witnessed that tier-II and III have contributed to over 65 per cent of its growth," Paytm said.

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