Digital use will increase business
Redbus CEO Prakash Sangam said in a statement that this standalone Redrel app has been launched at the right time, as digital transactions and use have increased in both bus and train segment in the last two years. If we talk about the market, then the online train ticket booking market has increased more than about 1 million daily transactions and it provides big opportunity in the country.
Redbus userbase will benefit
65 percent overlap between bus and train passengers works for the benefit of the company as the company will take advantage of the big userbase of Redbus to pursue the red rail.
Train turn after settling
He further said that ‘Our bus ticketing platform has already gained a lot of growth in the intercity bus segment and now we will work in making a part in the category of online train. We hope that this segment will contribute 10-15 percent to the total ticketing value. Redbus is also planning to launch the app in 5-6 local languages.
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