Log In

 

Company Name : SHOPX

Tuesday, March 21, 2017 2:19PM IST (8:49AM GMT)

Now ShopX Allows Every Kirana Store to be a Travel Agent


Book flight and bus tickets from local Kirana stores with ShopX app


Bangalore, Karnataka, India

ShopX, India’s fastest growing digital offline platform that powers retailers in India, introduces travel booking options in South and West Indian markets. The service enables easy ticket booking while offering the most affordable deals. Presently, 7-8% of ShopX’s 40,000+ active retailers are booking travel tickets. The company expects this demand to grow by 25%.
 
The new travel booking feature is an additional revenue stream for retailers in Tier 2 and 3 towns of India. ShopX travel fares are most affordable and contributes a good margin to the partner retailers. In addition, customers will be able to book their travel tickets hassle free at the local retail outlets. On the other hand, this will offer an opportunity for retailers to earn the commission that was earlier made by a travel agent. Amongst the South Indian states, Karnataka and Kerala are the most active markets and Bangalore to Mumbai is the most booked travel route on the app. redBus, TravelYaari, Provab, Galileo and Amadeus are ShopX’s key partners in this venture. 

According to the recent report by NASSCOM. India is expected to have 730 million internet users by 2020, with 75% of new user growth expected to come from Tier II and Tier III areas. The report also predicts that 50% of travel transactions to be online by 2020. There is a growing demand across India for travel and ShopX will play a pivotal role in meeting this demand with their robust technology network/platform.
 
Commenting on this new development Mr. Amit Sharma, CEO and Co-Founder of ShopX said, “The travel agent is the point of contact for customers in Tier 2 and 3 towns for making travel booking. At times, there are only 1 or 2 travel agents in a city and individuals should travel over 10kms to book a ticket. With ShopX, we are providing the customers accessibility to technology to meet their needs. Now, customers can book tickets at their convenience, save enormous amount of time and get the most affordable deals.”
 
ShopX is backed by strategic investor Nandan Nilekani, and mentors including Jagdish Kini (ex- CEO, Airtel (South Region), Managing Director, Gillette India), and Pramod Varma (earlier: Chief Architect, UIDAI Aadhar Project, CTO Sterling Commerce). Within a year of launch, ShopX has empowered 40,000 Retail Partners across 200 towns in 10 states; serving more than 1 million customers, making it one of the fastest-growing companies in the country. The Company aims to provide the 600-million middle-income population in India (as against the current 50 million active internet buyer base) access to digital commerce through its Retailer Partners.

About ShopX

Bangalore-based ShopX is India’s fastest growing digital offline platform and provides retailers across India significant benefits. ShopX’s proprietary technology, when partnered with a retailer, transforms the retailer into a technology-enabled platform that allows him to service his many customers in more engaging ways. The Retailer has access to new products, new services, and platform services (like credit, payments, and loyalty). With this approach, the Company is helping to expand the overall addressable digital commerce market size significantly. 

Website: www.shopx.in

Social Media Handles

Facebook link: https://www.facebook.com/10ishopx

Twitter link: https://twitter.com/10ishopx


Click here for Media Contact Details

Sujitha Surendran, Genesis Burson-Marsteller, +91-9620021334, sujitha.surendran@bm.com


More News from SHOPX

17/05/2017 7:05PM

B. S. Nagesh, Founder of TRRAIN and Retail Stalwart, Joins SHOPX Advisory Panel

SHOPX, announced that B. S. Nagesh, founder of the Trust for Retailers and Retail Associates of India (TRRAIN) has joined the SHOPX Advisory Panel, effective from 1st May 2017. B. S. Nagesh is one of the pioneers of ...

27/03/2017 10:00PM

SHOPX Achieves 2.7 Cr GMV in a Single Day

ShopX - India’s fastest growing digital offline platform, has achieved the landmark of INR 2.7Cr GMV in a single day. With the integration of technology and human touch, ShopX has strengthened its footprint by ...

15/03/2017 10:25AM

ShopX Sells iPhone 5s in Tier 2 and Tier 3 Towns

Considering the growing ecommerce market in the Tier 2 and 3 cities of India, there has been a significant increase in the demand for premium brands. ShopX, India’s fastest growing digital offline platform, introduced ...

Similar News

26/05/2017 10:00PM

Hytera Communications Completes Acquisition of Sepura

Hytera Communications Corporation Limited (002583.SZ), the leading global provider of innovative professional mobile radio (PMR) communications solutions that improve organizational efficiency and make the world safer, ...

No Image

26/05/2017 9:50PM

TouchTunes and PlayNetwork Complete Merger

TouchTunes and PlayNetwork announced the completion of their previously disclosed merger to create the global market leader for music and branded entertainment media experiences.   This Smart News Release ...

News Summary

ShopX, India’s fastest growing digital offline platform that powers retailers in India, introduces travel booking options in South and West Indian markets. The service enables easy ticket booking while offering the most affordable deals. Presently, 7-8% of ShopX’s 40,000+ active retailers are booking travel tickets. The company expects this demand to grow by 25%.