B2B ticketing distribution platform TixCarte, aims to be South East Asia’s largest ticketing engine by 2025, with 5 million
attractions and activities tickets to be sold by this time.
By expanding its merchant database to 4,500 and doubling its corporate partners to 100 this year, the company expects to book at least RM18 million in revenue in 2023, more than double from the previous year. The company is optimistic about tapping into the multi-billion-dollar ticketing industry given strong momentum in digital adoption by travelers and merchants alike, the opening of the Chinese borders, and greater preparedness in the target sectors in handling health requirements. Given these key driving factors, TixCarte is confident in gaining a 10 times increase in bookings for travel, hospitality, and entertainment sectors by 2025.
“We are reactivating our runway with partners from China whom we have been in discussions with prior to the lockdowns. In the immediate future, TixCarte is focused on expanding across the region especially into Thailand and Indonesia to canvas more corporate partners and merchants,” said Parthiven Shan, CEO & Founder of Tixcarte.
The platform is a ticketing distribution platform that allows corporate partners, merchants, and customers to sell and buy attraction tickets via an easy to use, flexible and integrated system. It is supported by the Malaysian Research Accelerator for Technology and Innovation (MRANTI) under its Global Market Fit (GMP) programme to expand its market reach and penetration.
Its suite of current corporate partners include Air Asia, Malindo as well as global platforms such as KKday, WeChat Pay, Boost, Tiqets and others. Having recently signed on Sunway as a corporate partner, Parthiven is looking to secure the likes of more hospitality providers such as Berjaya, Shangri-la, Malaysia Airlines and others.
