Rajat Mishra (2017BMS027) Idea Generation • Observed the scope of internet industry and its holding of getting capitalized • Observed travel booking industry is a mess Germination
• Huge potential in internet & travel market
• Low cost carriers also entered into the aviation space, which opened a whole new level of opportunities for the travel market Preparation
• Got a back of USD 2million from e-ventures and co-founders
• Also raised USD 10-million in 2005, USD 13-million in 2006 & USD 15-million in 2007 from different investors Incubation Feasibility Study • The Indian market was yet to evolve & mature • This venture for the Indian market was too ahead of time Illumination
• Before entering Indian market, it catered to Indian overseas
community • IRCTC launched its 1st online business model Verification Product Launch