Paytm partners with travel aggregators to strengthen its travel segment

One 97 Communications Limited (OCL), the parent company of Paytm, on Monday announced that it has partnered with travel aggregators such as Skyscanner, Google Flights, and Wego, driving towards growth in its travel segment.

During the fourth quarter of FY24, Paytm had maintained its upward trajectory in market share among OTAs, with flight bookings showing year-on-year increase of around 19 per cent, surpassing the industry’s growth rate of around approximately 3 per cent. This growth, it added, is further underscored by around 15 per cent on-year rise in international ticket bookings in April showcasing Paytm Travel as the preferred destination for competitive prices and seamless services in travel bookings.