IRCTC moves to monetise passenger data; floats tender to hire consultant

Seeks to raise Rs 1,000 crore through this exercise

In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies.   

IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country’s only railway ticketing platform, an IRCTC official told Business Standard. 

The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise. In its