Latest news with #PrakashSangam
Time of India
19-06-2025
- Business
- Time of India
RedBus Intercity Travelers: redBus Reports Record 223 Million Intercity Journeys in FY25, Revealing Travel Trends and Innovations, ET TravelWorld
Advt Advt By , ETTravelWorld Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETTravelWorld industry right on your smartphone! Download the ETTravelWorld App and get the Realtime updates and Save your favourite articles. Online bus ticketing platform redBus has released its FY25 edition of the India Intercity BusTrack Report, estimating that over 223.85 million intercity journeys were made in the last financial year. The figure, which mirrors the population size of Brazil, reflects the enduring relevance of buses as a core component of India's transport annual report provides a detailed picture of intercity travel trends across states, regions, and user segments, building on redBus' earlier quarterly analyses. For FY25, the company has also included insights from the January–March quarter to supplement the year-round overview with more recent data religious pilgrimages and festive travel to long-distance student migration and last-minute bookings, the report shows how bus travel remains among the most democratic and versatile modes of transport in India. On average, more than 650,000 people travelled by bus daily, comparable to the population of cities like Jamshedpur or Amravati.'The past year has underscored the vital role intercity bus travel plays in India's mobility landscape, yet it remains one of the least studied modes of transport,' said Prakash Sangam, CEO, redBus. 'With redBus BusTrack, we set out to build a year-long, data-driven view of the industry across seasons, regions, and user groups. This report is a step toward greater transparency and informed decision-making across the travel ecosystem.'Among the key findings, India witnessed the launch of over 72,000 new intercity routes in FY25. The country also recorded its longest single ride—3,062 kilometres—from Ernakulam to Dharamshala. A notable shift towards clean mobility was observed, with 760 electric buses now operational in the intercity segment. The total fleet grew by 6,400 buses, adding 265,000 daily seats for highest single-day ridership was recorded on 1 November 2024, the day after Diwali, with more than 970,000 travellers in a single day. The report also highlights the influence of digitisation in Tier 2 and Tier 3 towns, increased demand for overnight comfort travel, and data-led forecasting for private and state-run report, drawing insights from over 220 million journeys, is available on the redBus Blog.
Time of India
01-06-2025
- Business
- Time of India
RedRail Seat Guarantee: redRail Unveils Revolutionary ‘Seat Guarantee' for Tatkal Tickets with Triple Refund Offer, ET TravelWorld
Advt By , ETTravelWorld Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTravelWorld App Get Realtime updates Save your favourite articles Scan to download App IRCTC-authorised platform redRail has launched a new feature aimed at easing travel uncertainty for Indian rail passengers. The 'Seat Guarantee' scheme offers users a threefold refund if their Tatkal ticket remains unconfirmed, setting a new industry benchmark in rail refund includes a full fare return and twice the ticket amount in voucher form, usable on redRail or redBus. The option is available to users booking waitlisted Tatkal tickets on select trains, with an additional charge over IRCTC's regular Tatkal ticketing is one of the most time-sensitive and stressful processes for Indian rail passengers. With demand often outstripping supply, confirmed bookings are not guaranteed, leaving many travellers without a confirmed seat. According to IRCTC, the e-ticketing platform recorded a peak hourly Tatkal booking figure of 1,85,513 during FY 2023–24, highlighting the volume and competitive nature of such new feature is designed to offer passengers a fallback in case their journey does not materialise due to waitlist issues. The feature has reportedly seen strong uptake in South India, followed by Western regions. It is currently available on select routes and supplements the existing 'Seat Guarantee' for general quota bookings.'Tatkal booking is one of the most stressful moments in an Indian rail traveller's journey. There's a narrow window, limited supply, and low confirmation rates, especially for waitlisted Tatkal tickets,' said Prakash Sangam, CEO of redBus. 'We saw that users wanted to book tickets but at times they held back due to uncertainty. That's what prompted us to build 'Seat Guarantee for Tatkal tickets'. It's a tech-led solution designed to unlock trust and confidence in last-minute train travel.'The company said that most users who opted for the feature eventually travelled on confirmed tickets. For those who didn't, the refund credits have enabled quick recovery and alternative arrangements.
