Amazon wins two years right to power IRCTC’s online retail arm

IRCTC-Amazon


Almost after a year of suspense, Amazon has successfully bid for IRCTC’s retailing arm. The ticketing portal has put ‘shop on Amazon’ tab on its homepage which redirects to a separate landing page on Amazon India. Besides Amazon, Flipkart was also lobbying hard for the government-owned platform.


The final amount quoted from Amazon is unknown but according to YourStory sources it’s in the range of six to eight crores for two-year deal. Gurgaon-based Yebhi was the first player to bid for the platform and paid around two crore annual licensing fee through open bidding.

Source: YourStory

Amazon wins two years right to power IRCTC’s online retail arm Amazon wins two years right to power IRCTC’s online retail arm Reviewed by Kanthala Raghu on March 06, 2016 Rating: 5

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