Sastaticket.pk, a Karachi-based online travel marketplace, saw significant growth in 2021, according to a recent press release.
Tell me more: When the pandemic began, flights were suspended all over the world. Pakistan suspended all international and domestic flights in March 2020.
This impacted travel agencies as well as tourism worldwide.
Towards the end of 2020, travel resumed slowly but surely, and by 2021 almost all flight schedules had returned to normal.
Travel agencies started getting their pace back. Some even managed to expand their business.
And Sastaticket.pk was one of them.
It is a ticketing marketplace that offers bus tickets, flight tickets and, hotel bookings.
By the numbers: Sastaticket.pk recorded significant sales and bookings and even scored new clients in 2021.
- 626% revenue growth YoY
- 289% growth in gross merchandise value (GMV)
- 119% growth in the customer base
- 300% increase in hotel bookings in 6 months
- Sales of bus tickets grew 40x
You should know: Sastaticket.pk was founded in 2015 by brothers Bilal and Shezil Mehkri. In 2018, it raised $1.5 million in Series A funding.
Before you go: Sastaticket.pk intends to maintain its lead as the one-stop shop for all travel-related services.
It has offices in Karachi, Lahore, Islamabad, Multan, Faisalabad, Peshawar, Sialkot and is looking to expand to 8 new cities.