One97 Communications Ltd, which owns Paytm, on Tuesday said it has made a strategic investment in Rajkot-based bus ticketing solutions provider Infinity Transoft Solutions.

Paytm entered the online bus ticketing space in 2015 and currently offers bus tickets across more than 62,000 routes through its integrations with more than 2,000 private bus operators.

It also offers online ticketing for state-run road transport corporations in Andhra Pradesh, Telangana, Gujarat, Uttar Pradesh, Maharashtra, and others.

This partnership will help us bolster our payments and ticketing technology solutions for bus operators and enable us to provide a more seamless booking and post booking experience to our growing base of online bus ticketing customers," Paytm Senior Vice President Abhishek Rajan said in a statement.

Founded in 2008 by Bhavesh Gadhethariya, Infinity provides fleet operations and inventory management software and technology solutions to bus operators, and cargo and logistics companies. | To read full story, visit https://startuparound.com/read/1575379813.6884568/Paytm-invests-in-bus-ticketing-software-provider-Infinity?ref=audio_experience