Paytm Eyes 3X Growth in Train Ticket Bookings This Year
Digital payments platform, Paytm today said it expects to clock over 3X growth in number of train tickets booked through its platform this financial year.
The company is also strengthening its overall travel vertical and will hire more people over the next two quarters.
"Paytm is booking over one million train tickets in a month and has become Indias largest platform for train tickets booking, after IRCTC," it said in a statement.
The Alibaba-backed company had launched online train ticket bookings in partnership with IRCTC in October last year.
"Paytm is now targeting 3X growth this financial year," it said.
Currently, 90 per cent of the train ticket bookings on Paytm are done through the mobile platform.
"We are extremely overwhelmed by the response received for train t...