Trainman, a train ticket booking platform has raised $ 1 million in its seed funding round from marquee investors like Goodwater Capital, Hem angels, and others.
The round also saw participation from angel investors such as Justin Hamilton and Ivy Growth Associates.
The startup plans to use the funds to further enhance and optimize its platform, gain access to the flight ticket market, and increase its investments in technology and products, while growing verticals such as predictive and data analytics at scale.
The Gurugram-based Trainman was founded in 2016 by Vineet Chirania and Karan Kumar, It is an all-in-one train ticket booking platform that provides one-stop solution for online train ticket booking, to check PNR status before booking and estimate ticket confirmation status.
It uses predictive analysis to estimate the PNR status accurately.
The platform which is an authorized partner of IRCTC claims to have successfully generated over Rs 100 crore in annual ticket sales with over 2.5 crore trips.
The startup said that it is a profitable firm and is expected to see manifold growth in the coming years.
In November 2021, it had raised $250k in funding round from various investors like Vijay Aggarwal, Nitin Gupta and Vishal Kanodia.
Trainman is a one-stop solution for your Train worries. Official Train Booking Partner of IRCTC. Helping to smoothen your journey from start to the end.
They offer a hassle-free IRCTC train ticket booking service online to everyone who loves to travel. To put it simply, IRCTC ticket booking through Trainman feels like a one-stop-shop solution that caters to every need related to train and coach travel. Customer can find all the latest news, train routes, and travel times from almost all the coach operators with the Trainman train ticket booking android app available on the play store.
They have the highest-rated train ticket booking app on Google Play Store. Their objective is to bring forth coach, train, and other several travel services under one single umbrella so customer get the best prices and real-time travel information on the go.