May 21, 2019
Marking a major landmark in its ongoing success story, Confirmtkt, the Bangalore-based online train ticket discovery and booking engine, has announced the completion of 10 lakh bookings annually bookings which is worth 100 crore bookings in a year. Accounting for 15.591% and 11.886% of the total bookings respectively, Maharashtra and Delhi have topped the list of states using Confirmtkt’s app. A large chunk of bookings is also from Uttar Pradesh, Telangana, West Bengal, Karnataka and Tamil Nadu.
Confirmtkt, which introduced the train booking feature in March 2018 post its pivot from a information only platform to a transactional platform. What makes this milestone even more significant is that Confirmtkt has crossed 1 million bookings in the first year of launch and the figure is expected to reach 4 million by the end of 2019.
Sharing his insights, Dinesh Kumar Kotha, Co-founder & CEO of Confirmtkt, said, “With more than 7 million downloads (Android and iOS) and 3 million monthly active users across the platforms as of April 2019, we have witnessed excellent growth numbers over the last two years. We have garnered INR 100 crore in sales with approximate net revenue of more than INR 4.5 crore (Final numbers would be revealed post the audit and filings). As evident from the numbers, Confirmtkt has successfully gained the trust of users and cemented its position in the industry. The latest landmark further reaffirms the credibility earned by our brand over the years.”
“2019 has been a remarkable year so far and we have some big plans for the future. We are looking to make the ticket booking experience more seamless and hassle-free. Be it a first-time user or a non-English user from tier II cities, we will be catering to everyone travelling by trains. We are targeting for INR 400 crore in sales and INR 18-20 crore in revenues for 2020 along with strong growth in the user base and ticket bookings. By next year, Confirmtkt will emerge as one of India’s most preferred platforms for booking train tickets,” he added further.
Available in English and 7 different regional languages including Hindi, Tamil, Telugu, Kannada, Marathi, Malayalam and Bengali, Confirmtkt recently added multi-language support to its platform. At present, 8% of Confirmtkt’s total booking is done non-English users and this figure is growing at a healthy pace.
Confirmtkt, Bangalore based online train ticket discovery and booking engine delivers a seamless search and booking experience to travellers. Catering primarily to budget travellers using smartphones, the platform has a one-of-its-kind feature of predicting the status on waitlisted tickets and suggesting alternate travel options to them in case of unavailability of direct connecting trains. Confirmtkt is the brainchild of Sripad Vaidya and Dinesh Kumar Kotha and was commenced in March 2015 with an intention to assure a confirmed train ticket to its customers to travel anywhere in India. Confirmtkt has received awards like Mbillionth award and the NASSCOM award for its innovative products.