Ratan Tata buys into e-ticketing company Kyazoonga
Ratan Tata has invested an undisclosed amount in Kyazoonga, the country’s first and largest ticketing company. Kyazoonga is the only company from the Sub-continent that owns its own IP and ticketing technology and platform.
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, the US, and the Caribbean. It tickets major tournaments such as the Caribbean Premier League and the Pakistan Super League.
Speaking about the investment, Neetu Bhatia, CEO and Co-founder, 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 for paid access that India represents and pushing the envelope on significant global opportunities. Personally, as a lifelong fan of his work that has included building several Tata companies into global majors, and as someone whose early world view of business was shaped by interactions with the Tata Group and Bombay House and his office, it is an honour and a privilege to get his validation for our team, product and market.”
For Bhatia, the investment from Tata has come full circle – as a young engineering student at the College of Engineering, Pune, she had interned at Tata Motors. 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. Bhatia is also a Tata scholar.
Launched in early 2007 as India’s first and largest entertainment and sports ticketing company, Kyazoonga has rapidly grown to become an international ticketing company with proprietary technology that has delivered seamless ticketing services to most of the largest international sports and entertainment events and fans in the Indian Sub-continent and around the world. Kyazoonga offers consumers easy access to all forms of ticketed entertainment and sports with multiple payment options through its online, retail, mobile, social and box-office distribution channels.