Ratan Tata invests in Kyazoonga

Alka Kshirsagar Updated - January 20, 2018 at 07:32 PM.

Global business leader and investor Ratan Tata has invested in Kyazoonga, India’s first and largest ticketing company, in his personal capacity.

Speaking in a statement about the investment, Neetu Bhatia, CEO and co-founder of Kyazoonga said, “We are delighted to have Mr Tata on board. As we scale Kyazoonga into a global enterprise, glad to know he shares in the excitement of our mission of ‘Tickets made simple for everyone, everywhere’.  We continue to focus our efforts on the large potential. It is an honour and a privilege to get his validation for our team, product and market.”

For Bhatia, who as a young engineering student at the College of Engineering, Pune, and had interned at Tata Motors, the investment has come full circle. When she was accepted as a graduate student into MIT and as a research student at the International Motor Vehicle Program at MIT, Tata had written her a personal note encouraging her to come back to India and change the world. She is also a Tata scholar.

In addition to creating and growing the ticketing market in India, Kyazoonga has ticketed major international events including the ICC Cricket World Cup in three countries, the FIFA World Cup Qualifiers, SAFF Cup, bilateral international cricket matches and domestic tournaments such as the Indian Premier League and the Pro Kabaddi League, Nehru Cup and others. Most recently it was adjudged a close runner up in the ticketing bid for the Rio 2016 Olympics beating global ticketing majors to reach that position. Kyazoonga now has ticketing operations around the world – in the UAE, U.S., and the Caribbean. It tickets major tournaments such as the Caribbean Premier League and the Pakistan Super League.

 

Published on June 10, 2016 15:05