Online bus ticketing portal TicketGoose, has $2.9 million (Rs 18 crore) in fresh funding from US-based investor Indventure. The fund raised will be used to further enhance overall portal development and workforce.
Ticketgoose provides information like price, availability and booking facility for buses to more than 3000 destinations in South India and currently have more than 250 bus travel partners.
Launched in August 2007 TicketGoose is a ticketing web portal launched with a goal to provide online services to everyone travelling by bus. It is considered as strong contender of another famous online bus ticketing portal - RedBus.in, although RedBus offer its services to almost all Indian regions TicketGoose is more concentrated to south of India.
TicketGoose is promoted by Chennai based Efficsys InfoTech India Pvt. Ltd. Efficsys, established in 2007. As per TechinAsia website last year, the startup was processing 4,000 to 5,000 ticket bookings a day, which led to $8.19 million in sales revenue for that year. The team is aiming at $20.5 million in revenue for 2013.
TicketGoose users can also book the return ticket and can also cancel the tickets online. TicketGoose ease the customers to book bus tickets by walking into its channel partner outlet which includes Corporate Sectors and Ticketing Agents. Ticketgoose is also fast expanding its IT software solutions for private Omni Bus Operators which will enable them to go online and offer their inventory on real time basis.
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