TicketGoose Forms Strategic Partnership With Paytm

Online bus ticket booking platform, TicketGoose.com is going cashless even at their agent counters to manage and support the demonetisation of Rs.500, Rs.1000 currency notes. TicketGoose.com is partnering with Paytm to enable their agents to accept payment from customers through Paytm wallet at the agent counters.

TicketGoose.com has associated with more than 10000+ agents to book tickets through its portal. More than 60% tickets are booked through agent/vendor outlets, with cash or card as the primary mode of payment for the customers. Now owing to the ban of Rs.500 & Rs.1000 currency notes, customers are facing a challenge to pay cash at the agent outlet to buy bus tickets.

In order to help the customers and agents effectively TicketGoose.com has partnered with Paytm to simplify this process. The customer can visit the agent outlet and select Paytm as a payment mode. The agent will ask for the customer’s mobile number and an OTP is sent to the customer. Using this OTP, the money will get transferred from the customer’s wallet to TicketGoose and the bus tickets are generated.

On speaking about this partnership, Vasudevan Ramasamy, Director, TicketGoose.com said, “Agents form a crucial part of the online booking segment. We think there is a huge responsibility on our part in this time of change to help our agents and customers transition into cashless payments. We look forward to launch other initiatives in the months ahead that will enable smart bus travel.”

The service is in effect from 14th November at all their agent/vendor outlets.

Online Bus Ticketing website TicketGoose raises $2.9 million funding

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.