'Fanatic Sports' got the nod from the International Olympic Committee as the official Indian Authorised Ticket Reseller for Rio 2016.
As the exclusive ATR for Rio Olympics, all Indians travelling to Brazil for the Games will have to purchase tickets from 'Fanatic Sports'.
The IOA floated a tender on its website and 'Fanatic Sports' won after a bidding contest.
"Earlier, we had a different process, selling the tickets and doing the hospitality part (of the ticket holders). Actually, we were not geared up to do that. We have enough on our plate. So, we decided to do it differently this time," IOA President N Ramachandran told a press conference.
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Asked if the Indian athletes taking part in the Olympics will get tickets for their family members on preferential basis, Ramachandran said that whoever makes request to the IOA for tickets will be forwarded to 'Fanatic Sports'.
"We have to give some tickets to the NSFs and state Olympic Associations. We have got some demands from the public also. We will forward all these to Fanatic Sports," he said.
One of the founders of 'Fanatic Sports', Raghav Gupta said that under the rules framed by 2016 Rio Olympic Games Organising Committee, every athlete will get two tickets for their families and relatives.
"There was no problem about the availability of tickets in India. Rather, the availability is 30% more than that in London."
Brazilian Ambassador to India, Tovar da Silva Nunes said that there was no delay in the construction of Rio Games infrastructure and all the facilities will be ready before deadline.
"There is no delay in infrastructure building except for cycling velodrome which also is 90 percent complete. All the facilities will be on time before deadline. I feel Rio Games has the potential to be the best ever."
"In Beijing 2008, there were few Indians. But there were a lot of Indian supporters in London where many Indians live. In London, I thought I was playing at home in India and that makes a difference in our performance. I urge Indians fans to buy tickets for Rio Olympics in large numbers," said Sushil, who won a bronze in Beijing and silver in London.
Ramachandran was asked about the sorry sate of Indian boxing and he replied that "the matter is sub-judice as a faction (of Boxing India) has filed a case in the court".