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MMT to foray into bus ticketing service
MMT, after raising $15mn is foraying into other areas like bus ticketing service - this, for sure is validation of RedBus.in’s business model.
Too early to say whether MMT will buy some stake in any of the bus ticketing player or will go the partnership route.
As far as the bus ticketing market is concerned. the road networks carry nearly 85% of the country’s passenger traffic and bus is the most widely used transportation means.[ET] And in order to tap such long tail of travelers (which is mostly non-Internet savvy), players like Ticketvala, ... (Read Full Article)
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On 4/4/08 martinlock said: