Paytm parent One97 Communications backs bus-ticketing startup Infinity Transoft Solutions
One97 Communications, Paytm parent company, has invested in Rajkot-based bus ticketing startup Infinity Transoft Solutions. Infinity Transoft gives software solutions to bus operators and cargo & logistics companies to manage ticketing, fleet operations & inventory management. The deal value was however not disclosed. The company offers MagicBox hardware & software solutions which are currently used in around 700 buses.