IITians led train ticket booking startup Trainman raises Rs 7.5 crore in funding

Online train ticket booking startup Trainman, founded by IIT Roorkee graduates Vineet Chirania and Karan Kumar, has announced the closure of its seed round of funding after raising $1 million (Rs 7.5 crore) from marquee US investors like Goodwater Capital, Hem angels and others.

The round has also seen the participation of angel investors including Justin Hamilton and Ivy Growth Associates who are betting on Trainman’s huge growth potential after it doubled its revenue from pre-Covid times.

The Gurugram based startup had raised $250k (Rs. 2 crore) in November 2021 as parts of its seed round from ace investors like Vijay Aggarwal, CTO- BharatPe, Nitin Gupta, CEO- Mall 91, Vishal Kanodia (Director, Kanodia Cement Ltd.) and others.

The startup said it is planning to use the funds to further enhance and optimize its platform for people looking for seamless train travel experience in India.

“Trainman has pioneered in offering innovative and effective industry solutions to help online train ticket booking become more flexible and agile. Emerging as a leading solutions provider in the industry, with over 10 million installations, Trainman delivers cost-effective services using a comprehensive back-end system to streamline the train ticket processes,” said Vineet Chirania, Founder & CEO, Trainman.

An authorized partner of IRCTC, Trainman, recently expanded its offering as it heavily relies on its technology-led solutions to transform the industry.


Following the ace investors' maiden funding round, the founders are ready to enter new domains and are actively gearing up to find investors to increase investment in products and technology.

Trainman has already successfully raked in over Rs 100 crore in annual ticket sales with 2.5 crore plus visits. The net profitable company has also seen an increase post COVID and the founders expect to see multifold growth in the coming years.

“With the rise in disposable income, India is expected to grow exponentially. The online ticket booking platform landscape is expected to grow as more people get comfortable with tablets and phones after the pandemic. Startups like Trainman with their innovative offerings are providing niche services, win-win situation for the consumers and company alike,” added Karan Kumar, Co-founder, Trainman

Established in 2016, Trainman is an all-in-one train ticket booking platform that provides a one-stop solution for Booking Train Tickets online, for checking PNR status and predicting Ticket confirmation status before booking.

One can look for trains between stations and get to book tickets based on train classes. People can also enquire about other Rail services such as train schedule and running status which helps passenger in planning their railway journey.

After booking a ticket, traveller can come back for checking your PNR status for getting to know the confirmation status. Trainman uses Predictive analysis for accurately predicting the PNR status. - TWL Bureau