MakeMyTrip.com has acquired Ticketvala.com, one of India's largest online bus ticket platforms, operated by Travis Internet Pvt. Ltd. As a part of the acquisition, MakeMyTrip.com has acquired strategic assets from Ticketvala.com including website, URL, technology platform agent network, and bus inventory. Deep Kalra, Founder and CEO, MakeMyTrip.com said, "We were the first full service Online Travel Agent (OTA) to launch online bus ticketing in India and currently offer one of the largest bus inventory in the country with over 8,000 buses, 500 bus operators, and over 5000 routes across 14 states in the country. Ticketvala.com has a strong Customer Reservation System, (CRS) platform, a large supplier network and direct contracting that will help us pass on greater value to our end users. This initiative is inline with MakeMyTrip.com commitment to provide the largest number of real time travel options with the widest inventory and best prices to Indian travellers."
Haranath Lokhandham, President and CEO, Ticketvala.com said, "The present website ticketvala.com will continue to be operational, while the huge bus inventory will also be available on MakeMyTrip.com. The consumers of Ticketvala.com will be able to enjoy a variety of travel options available on MakeMyTrip.com. The operations and back-end team are currently in the transition phase." |