Bengaluru-based ConfirmTkt, an app for Train PNR status predictor and ticket availability checker, has raised Rs. 75 lakh in an angel round, which was led by Pravin Agarwala and another undisclosed investor.
Dinesh Kumar Kotha and Sripad Vaidya started ConfirmTkt in July 2014. It is a smart algorithm based on artificial intelligence, which predicts the possibility of a waiting list ticket in IRCTC based on past ticketing or historical trends.
The cofounders said, “These funds will help us improve our technology, hire new talent and help confirmTkt to grow as a ticket discovery tool which can show all the possible ways to get a confirmed ticket no matter what.
In the coming quarters, our primary focus would be on mobile as 80% of the user base is on mobile and it is doubling every quarter. Daily our mobile platforms serve 15k active users approximately.”
ConfirmTkt app is available on both Android and Windows platform and they are planning to launch IOS app this month. The app has 180K downloads on android Play store and 15K on windows platform.
They are attracting 15k users on a daily basis and 80% of the traffic is coming through their app. A whopping 95% of the traffic on their app is recurring and on the website, it’s just 50%.