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US-based Indventure has invested Rs 18 crore in Chennai’s online bus ticketing company TicketGoose. com. The firm will use the funds to scale up its operations, hire talent and enhance the customer experience. “I shopped around in California, Chicago and New York and raised the funding within a month,” said Karthi Easwaramoorthy, president and co-founder of TicketGoose. […]

Chennai-based online bus reservation service portal TicketGoose.com, which raised $3 million (around Rs 18 crore) from Indventure, a Chicago-based investor last week, is planning to bring in another $20 million (around Rs 120 crore) next year. The capital raised this month by the Chennai-based start-up, which operates from Bangalore and Hyderabad, is to be used

Chennai-based Efficsys Infotech India Pvt Ltd that owns and operates the bus ticketing portal TicketGoose.com, has raised $2.9 million (Rs 18 crore) from US-based investor Indventure. The capital raised will be used for scaling up its operations, increasing the workforce and enhancing customer experience. Set up in 2007 by Karthi Easwaramoorthy, Arun Athiappan and Vasu Ramasamy,

Aiming to disrupt the bus ticketing and transport market with a slew of value-added services and differentiating features, Ticketgoose.com, an end to end bus ticketing portal and aggregator, based out of Chennai, is now making its presence felt in a big way in the state. The company, founded in 2007, has partnered with close to 2,700

Niki.ai is an artificial intelligence firm founded by four friends from IIT Kharagpur- Sachin Jaiswal, Nitin Babel, Shishir Modi and Keshav Prawasi. The startup is bringing conversational commerce to a wide range of services like travel, recharge, utility bill payments and food ordering. Founded in March 2015 and funded by industry heavyweights like Ratan Tata and

Tamil Nadu Omni Bus Owners Association president A Afzal told TOI, “GST will not affect bus fares in a big way. There are no service charge for non-air-conditioned (A/C) buses anyway. For A/C buses, service charge is lower by 1% under GST”. Members affiliated to the association operate around 1,000 buses across the state, of

Chennai: With the holiday season witnessing an unusual surge in bus travellers to neighbouring states, travel agencies complain that a couple of private bus operators are hiking ticket prices to exorbitant levels. A travel agent based at Egmore says that for the last five days certain private travel operators have increased prices by 35 to 40

Mallika Srinivasan, CEO, Tractors and Farm Equipment Ltd, received a Lifetime Entrepreneur Achievement Award from TiE Chennai for steering the company to its position as the world’s third-largest tractor manufacturer. S.S. Badrinath, Founder, Sankara Nethralaya, and winner of last year’s Lifetime Achievement Award, gave the award to Srinivasan at TiECON Chennai 2013. In her acceptance

Usually, Ukira Pandian will arrive at Madurai Mattuthavani bus stand at 4.30 a.m. to pick up his daughter. But, nowadays, he just arrives a few minutes before the arrival of Chennai-Madurai bus, as he keeps tracking the movement of the bus through a mobile app. On the lines of Ola and Uber, a Chennai-based start-up

After demonetisation, online bus-ticketing platforms are enhancing their value-added services as more travellers are expected to go cashless while buying bus tickets. Bus travel marketplaces such as Travelyaari, TicketGoose and redBus are trying out new products and services as cashless bus travel gains acceptance, making it a more organised business post demonetisation. “As bus travel