Kahini Chakraborty – Mumbai
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Venu Myneni
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Radiant Info Systems that launched Busindia.com has major expansion plans. The company is in talks to add more transport corporations into its inventory. Currently it has integrated 17 major transport corporations from the government sector into the portal, more than 8000 hotels across all budgets from major locations in India and integrated major private operators.
Venu Myneni, co-founder, chairman and CEO, Radiant Info Systems informed, “Busindia.com is a pan-India integrated bus ticketing booking system with additional service options for hotels. We are the first company in India to launch online ticket reservation system in India in 2006 for our client Karnataka State Road Transport Corporation (KSRTC). We have sold close to 12 crore bus seats with revenues in excess of Rs 3600 crore through our online reservation system. We have partnered with Central Institute of Road Transport (CIRT), a central government agency to launch Busindia.com which will help to consolidate the inventory from all individual websites into a national integrated platform.”
When asked about the working model and how can cloud based solutions revamp the public transport in India, he added, “We can offer an end-to-end system to partnering transport operators who do not have any system. We have also integrated with operators who already have a system by positioning our portal as another powerful ticket delivery OTA platform. The cloud architecture adds significant value to the public transport networks in India.” The company also offers simple and user friendly booking platform on PC, mobile devices (phone and tablet) on Android, Windows, iOS platforms.
On the challenges and trends in the bus booking industry, he opined, “With improvement in road network, advanced and comfortable buses availability, better interconnectivity, easy availability and cheaper tickets compared to other travel modes in India, buses are becoming the preferred mode of transport. There was a need for an IRCTC equivalent for the bus segment and that is the gap that Busindia.com is addressing.”
