Tier-2, 3 cities most-travelled destinations last year; accounted for 60% growth in domestic travel

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Technology, Business Services

Tier-2, 3 cities most-travelled destinations last year; accounted for 60% growth in domestic travel

14 Apr 2019

1 min read

The travel business of Paytm has witnessed a four times rise in its customer base this year. Last year, the online payment firm had a customer base of 9 million which has now increased to 13 million. These 13 million Paytm Travel users are part of over 300 million registered users that the e-commerce payment company has currently.

Paytm Travel is vying with other India's online travel booking firms like MakeMyTrip, Yatra, Cleartrip, GoIbibo, and EaseMyTrip.

Currently, India's online travel booking market is worth $8 billion. It is expected to grow to $13.6 billion by 2021, as per the consulting firm PGA Labs

This article was originally published on Business Today. Read more

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Tier-2, 3 cities most-travelled destinations last year; accounted for 60% growth in domestic travel | PraxisGA