About ConfirmTkt
ConfirmTkt is a company based in Bengaluru (India) founded in 2014 by Dinesh Kumar Kotha was acquired by Ixigo in February 2021.. ConfirmTkt has raised $1.21 million across 6 funding rounds from investors including Ixigo, Venture Catalysts and Italica. ConfirmTkt operates in a competitive market with competitors including RailYatri, SeatFrog, DSB, IRCTC and Trenitalia, among others.
- Headquarter Bengaluru, India
- Founders Dinesh Kumar Kotha
- Stage Minicorn
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Sectors
Travel & Hospitality
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Email
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Phone
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Website
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Social
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Funding Insights of ConfirmTkt
ConfirmTkt has successfully raised a total of $1.21M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $861.82 thousand completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Seed — $861,819
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First Round
First Round
(06 Oct 2015)
- Investors Count 59
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Seed - ConfirmTkt | Valuation | Venture Catalysts |
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| May, 2018 | Amount | Angel Round - ConfirmTkt | Valuation | Satish Baddam , Rajmukhi Devi |
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| Jan, 2017 | Amount | Seed - ConfirmTkt | Valuation | Urrshila Kerkar |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ConfirmTkt
ConfirmTkt has secured backing from 59 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Ixigo, Venture Catalysts and Italica. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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Investment management services in growth equity and public investments in India.
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Founded Year | Domain | Location | |
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Investment in renewable energy and startups in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ConfirmTkt
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ConfirmTkt
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Confirmtkt Comparisons
Competitors of ConfirmTkt
ConfirmTkt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RailYatri, SeatFrog, DSB, IRCTC and Trenitalia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based platform offering real-time rail transit information and ticketing solutions
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| domain | founded_year | HQ Location |
Train tickets are auctioned and booked via an app-based platform.
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| domain | founded_year | HQ Location |
Train tickets are booked online via the platform.
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| domain | founded_year | HQ Location |
Online railway ticketing and catering services are operated in India.
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| domain | founded_year | HQ Location |
Train tickets are booked through an app-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Confirmtkt
Frequently Asked Questions about ConfirmTkt
When was ConfirmTkt founded?
ConfirmTkt was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is ConfirmTkt located?
ConfirmTkt is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of ConfirmTkt?
Dinesh Kumar Kotha is the current CEO of ConfirmTkt. They have also founded this company.
Is ConfirmTkt a funded company?
ConfirmTkt is a funded company, having raised a total of $1.21M across 6 funding rounds to date. The company's 1st funding round was a Seed of $31.74K, raised on Oct 06, 2015.
What does ConfirmTkt do?
ConfirmTKT is an app-based platform to book train tickets. The platform enables users to search, check seat availability, and book train tickets by providing travel destinations timings. Users can also view train schedulesstations, order food to the station from partner outlets, and track the train in real-time. The app features PNR status tracking wait-list predictions with data analytics. Their mobile app is available for iOS Android devices.
Who are the top competitors of ConfirmTkt?
Who are ConfirmTkt's investors?
ConfirmTkt has 59 investors. Key investors include Ixigo, Venture Catalysts, Italica, Artha India Ventures, and Singularity Ventures AMC.
What is ConfirmTkt's valuation?
The valuation of ConfirmTkt is $2.63M as of May 2018.