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MakeMyTrip acquires Ticketvala.com to strengthen its online bus booking services

Online travel company MakeMyTrip.com has acquired bus ticketing company Ticketvala.com, including website, URL, technology platform agent network and bus inventory, from Mumbai-based Travis Internet. With this acquisition, MakeMyTrip is expecting to strengthen its online bus booking services.

Online travel company MakeMyTrip.com has acquired bus ticketing company Ticketvala.com, including website, URL, technology platform agent network and bus inventory, from Mumbai-based Travis Internet. With this acquisition, MakeMyTrip is expecting to strengthen its online bus booking services. Launched in June 2007, Ticketvala received $2 million investment from Bangalore-based venture capital firm Footprint Ventures in November 2007.

Deep Kalra, founder and CEO, MakeMyTrip.com, has said, “Ticketvala 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.” Kalra has further said that MakeMyTrip currently offers over 8,000 buses, 500 bus operators, and over 5000 routes across 14 states in the country.

Haranath Lokanadham, president and CEO, Ticketvala.com, has said, “We have already made a name in the market and have a good consumer-base. MakeMyTrip is a leader in the online travel category and after this acquisition the company will be integrating Ticketvala’s added services and thus have a larger bouquet of offers for its consumers. So, this acquisition is actually a win-win for both the companies.”

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