Disruption in travel industry
Can you think of anything in recent times?
Photo by Eden Constantino on Unsplash
Most industries are getting disrupted.
Take the example of fintech companies like Zerodha, Upstox or Groww. These three will cross 50% marketshare of NSE active clients. - Zerodha with 18% marketshare continues to grow steadily. - Groww is growing the fastest in 2021, now bigger than ICICI securities.
2021 has been the year of startups. Even the Tatas recognize it. Turns out TATA has grand plans to stay relevant & create an impact in this new age of startups!
This year they have:
1. BigBasket — Acquired 64% stake
2. 1mg — Invested $75 million
3. CureFit — Acquired majority stake
Unfortunately, there’s not much happening in our industry, the travel industry. Have you seen or heard something Innovative which has changed this domain in the past decade. I do not recall anything like it.
It’s time for the industry to come together in a real manner and collaborate. What do you think, any ideas?
yes, Innovation has to be personalized travel as per behavior of previous travel history