ConfirmTkt , founded by Dinesh Kumar and Sripad Vaidya in 2014 has raised INR 75 lakh in its first round of funding from Pravin Agarwal and another investor whose identity has been kept concealed.
ConfirmTkt initially started with a website that assisted its users in ascertaining the likelihood of getting their wait-listed tickets confirmed based on historical trends using analytics. ConfirmTkt now witnesses major traffic through its mobile applications (app). Sripad Vaidya, who heads analytics and operations at ConfirmTkt, said,” Based on our technological cum analytical approach we are enabling our users to make an informed decision before they book their tickets.”
Pravin Agarwal, ex-SVP and former Global head of cloud ERP at SAP Labs, is founder of Betterplace safety solutions and has also invested in Eduflex, owned and operated by flexiapps solutions pvt ltd, and flolearning.
ConfirmTkt claims that it has so far seen 180k+ downloads of its app and continues to see 15,000 visits on daily basis.
ConfirmedTkt is registered under the name Confirm Ticket Online Solutions Pvt Ltd and is headquartered in Hyderabed, Telangana. Prior to venturing into ConfirmTkt, Dinesh Kumar Kotha worked with o9 solutions while Sripad was working at Excelacom technologies, an IT consultancy company.
“We also assist out users to plan their travel, based on analytics, by recommending them to make break journeys i.e to change trains en-route. So that they can travel without losing out on comfort and convenience,” says Vaidya, co-founder of ConfirmTkt.
ConfirmTkt revealed that the start-up is planning to use the fund to bring in talent and upgrade its technology. The start-up is also planning to add other features such as air and road travel planning to it.