According to Indian eRetail Report 2012, Travel & Leisure constitutes to 76% share of the total E-Commerce market in India. This is evident from the changing landscape, that the travel industry has witnessed over the past decade.
With the introduction of Online Bus Ticketing, travelling by bus has become more comfortable. The comfort which was started by an idea to revolutionize the offline bus ticketing into an Online medium, to provide users with the comfort to book tickets being at home/office. The current market size of online bus ticketing is over Rs. 500-600 crore which is just 3-4% of the Rs. 15000 crore market. mTicketing is a new feature added by a few players to provide users with a more comfortable level and experience of booking bus tickets using their mobile phones.
A number of investors including Seedfund, Helion Venture Partners, Inventus Capital Partners, FootPrint Ventures, Bessemer Venture Partners, GVFL & a few US based Angels have accelerated the online bus ticketing industry by providing necessary capital and mentorship in startups like redBus.in, Travelyaari, TravelGoose, Ticketvala.
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Here is an info-graphic to provide you an overview of the Online Bus Ticketing Industry.
With so many startups trying to eat into it, what do you think is the future of bus ticketing?