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Ratan Tata Invests in an E-Ticket Booking Startup, Kyzongaa

Again Ratan Tata makes it to the news for investing in startup!

About Kyazoonga

In the world of online booking, why to stand in line to book tickets for a movie or wait for hours in a queue to get concert passes. All you need to do is Sit-Relax-Click. Yes, booking tickets at Kyazoonga is very easy.
Kyazoonga is an e-ticket booking site, which helps you book movie ticket/event tickets and many other programs.  It lets you book the ticket from a sports event to an amusement park.
Kyazoonga is a Mumbai-based startup developed by MIT Graduate, Neetu Bhatia. It started off with the focus on booking cricket tickets and other entertainment events, as BookMyShow has already taken over the movie ticket booking. The company feels this approach makes them a unique viable competitor in the market.

With big name comes big funding

Impressed with the company’s efforts and its unique idea, Ratan Tata, Chairman Emeritus of Tata Sons has invested an undisclosable amount in Kyazoonga. This is not his first startup investment; he is believed to be a fan of startup companies. Ratan Tata has invested in 25 startup companies up-till now.

With the big funding, the company looks forward to expanding its market on an international scale. Earlier, Kyazoonga has done a partnership with Indian Premier League and the Pro Kabaddi League. Kyazoonga was the official online ticket booking partner for ICC Cricket World Cup and the FIFA World Cup (qualifiers).
Further, Company plans to be official ticketing partner for Rio Olympics 2016.

Takeaways:-

  • Kyazoonga is an online ticket booking startup.
  • Ratan Tata invests an undisclosed amount in Kyazoonga
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