Latest Kohlife News
May 21, 2021
Global Startup Heat Map highlights 5 Top Rail Ticketing Solutions out of 269 The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform , covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks. The Global Startup Heat Map below reveals the distribution of the 269 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 rail ticketing startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 264 rail ticketing solutions, get in touch. Click to download Flightio offers an Online Ticketing Platform To book tickets, people often have to travel to the train station at a specific time, which is difficult for passengers living in a remote location. To solve this problem, startups introduce online ticketing systems where the customers book the tickets at their convenience. This helps the customer to save time and money on commute and queues. Iranian startup Flightio offers a ticketing platform that enables customers to book and pay for train tickets online through a web or mobile application. The startup’s platform allows customers to manage their profiles, track ticket status, and file for a refund. Additionally, the startup provides booking services for bus and flight tickets, as well as helps passengers with reservations for domestic and international hotels. Kohlife enables Ticket Comparison When booking train or flight tickets through an agent or at the train station, travelers usually don’t have the freedom to identify and compare different travel options before making a purchase. However, online ticketing platforms often allow passengers to compare multiple criterias to pick a more convenient ticket. Startups introduce user-friendly transport booking online platforms. Such platforms allow travelers to compare different ticket prices and departure times to make informed traveling decisions. Kohlife is a Thai startup that develops a transport booking platform for travel in Thailand and Southeast Asia. The platform aggregates ticket offers from regional transport companies, allowing passengers to compare train, bus, ferry, and plane ticket prices. Additionally, Kohlife identifies and features limited deals from its partners, helping the passengers to save money when buying tickets. TicketEASY allows Secondary Ticket Sales Travellers often face situations when they have to cancel or postpone the trip and consequently lose money if the ticket is not refundable. To mitigate this, startups provide solutions that allow travelers to sell their tickets online and recover their money. Additionally, it is a convenient option for those who plan last-minute travel as the secondary tickets are usually less expensive compared to new tickets. Italian startup TicketEASY develops an online ticketing platform that allows customers to purchase and sell train and bus tickets. The startup’s platform leverages proprietary algorithms to suggest personalized sale prices to ticket sellers. Additionally, TicketEASY allows buyers to choose between new and second-hand tickets. The startup draws customer attention by providing promotional deals for second-hand tickets, increasing ticket sales. Save A Train develops Dynamic Ticket Pricing Booking a train ticket is a tedious task as the ticket prices often change. This requires travelers to frequently monitor the prices to find the best offer. To address this, startups incorporate artificial intelligence and the Internet of Things (IoT) for price monitoring and ticket bookings. By suggesting the trains available, comparing ticket prices, and monitoring the rail infrastructure, these solutions help digitize the rail industry. Save A Train is a Dutch startup that develops dynamic ticket pricing for individual passengers and rail operators. The startup uses AI algorithms and big data to predict the train ticket price and suggest travelers the right time to purchase or exchange their tickets. It also provides application programming interfaces (API), white-label, and metasearch services to rail operators. The startup’s solutions make the ticket booking process more efficient. Mister Aladin provides Secure Payment Options Online identity theft is a significant problem in the rail industry. By leveraging insecure payment channels, cybercriminals access personal information such as credit card numbers, social security numbers, bank account numbers, and passwords. Therefore, it is critical for rail businesses to have secure payment systems that improve rail cybersecurity . Startups develop payment gateways that allow customers to use online payment options to book tickets, providing secure and fast transactions. Indonesian startup Mister Aladin provides train passengers with a booking platform that integrates secure payment gateways. The startup’s platform allows users to make transactions using virtual accounts, internet banking solutions, as well as E-Wallets. Moreover, the startup collaborates with banks in Indonesia to provide passengers with additional discounts. This allows the startup to offer low prices and secure payment options to their customers. Discover more Rail Startups Rail startups such as the examples highlighted in this report focus on quality management, rail virtualization , passenger experience as well as railway operations. While all of these technologies play a major role in advancing the rail industry, they only represent the tip of the iceberg. To explore more railroad technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Railroads Innovation Report to save your time and improve strategic decision-making.