Event: 2023 Phocuswright Conference
Product: rePUSHTI, OTRAMS
HQ: Mumbai, India
Principal(s): Paresh Parihar, Co-Founder; Rahul Kathet, Co-Founder
Funding: Self-Funded
Product Description: rePUSHTI is a revolutionary solution to the long-standing problem of disorganized booking re-verification process. This process has been eating away at the profits of agencies, agents, and suppliers due to the resources, operations, and call costs associated with it. The world's first booking re-verification platform that utilizes automated processes and AI which reduces operational costs from 5-10 USD to just 1 USD per booking, providing the industry with a much-needed relief. With our solution, agencies, agents, and suppliers can now manage their booking re-verification process with ease and efficiency.
Business Model: SaaS
Competitors: No competition as of now
Competitive Edge: First mover advantage.
Market Opportunity: The total addressable market is an impressive 1.6 billion USD, driven by the presence of 17.5 million guest rooms across 187,000 hotels worldwide. The scope reaches beyond mere verification. Our aim is to provide end-to-end services that culminate in a seamless check-in experience for travellers. By fulfilling this growing market demand, our revenue goals are set even higher.
Early Customers: Nirvana Travel, Abu Dhabi, UAE; Blue Star Air Travel Services, Mumbai, India; Hotelian, Dubai, UAE; Alpitour, Milan, Italy; H-resa, France; MyHotels, Makkah, Saudi Arabia; Room-res, Sydney, Australia