Online Booking App Confirmtkt crosses 1 Mn bookings
Bangalore-based online train ticket discovery and booking engine Confirmtkt announced the completion of 10 lakh bookings annually which is worth Rs 100 crore 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 has also came from Uttar Pradesh, Telangana, West Bengal, Karnataka and Tamil Nadu, the company said in a statement.
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.
“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 Rs 100 crore in sales with approximate net revenue of more than Rs 4.5 crore. 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," said Dinesh Kumar Kotha, Co-founder & CEO of Confirmtkt.
“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 Rs 400 crore in sales and Rs 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 by non-English users and this figure is growing at a healthy pace, the company said.
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