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Mobile based Travel Ticket Planning App ‘ConfirmTkt.Com’ gets Angel Investment
The Bengaluru-based startup uses analytics to predict the possibility of a waiting list ticket in IRCTC being confirmed based on historical trends
Hyderabad: Mobile focussed travel ticket planning App for railways, ConfirmTkt, has raised Rs 75 lakh in an angel round from Pravin Agarwala, cofounder of BetterPlace Safety Solutions, and an undisclosed investor.
The Bengaluru-based startup uses analytics to predict the possibility of a waiting list ticket in IRCTC being confirmed based on historical trends.
The startup, founded by Dinesh Kumar Kotha and Sripad Vaidya in 2014, began with a confirmation website, but now sees 80% of the traffic through its mobile app.
“We have also incorporated the feature for travel planning by showing options for break journeys and will soon introduce bus and air options to make it a last minute travel planning platform,” said Kotha, who heads the technology division.
The App currently sees 15,000 visits per day and close to 20,000 new users every month.
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