AirAsia MOVE

Malacca, Malaysia Founded: 2001 • Age: 25 yrs Acquired By Tata
Low-cost passenger airlines are operated in Malaysia by AirAsia.
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About AirAsia MOVE

AirAsia MOVE is a company based in Malacca (Malaysia) founded in 2001 was acquired by Tata in November 2020. It operates as a On-Demand Services. The company has 111 employees as of September 30, 2024. AirAsia MOVE has completed 1 acquisition, including Vidi. AirAsia MOVE offers products and services including Flights, Hotels, and Airport Transfer.

  • Headquarter Malacca, Malaysia
  • Employees 111 as on 30 Sep, 2024
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Airasia Berhad
Operational Areas
Transportation, Automotive & Logistics → Aviation Operations & Infrastructure
Key Metrics
  • Annual Revenue
    $3.95 M (USD)
    23
    as on Mar 31, 2022
  • Net Profit
    $346.99 K (USD)
    49
    as on Mar 31, 2022
  • EBITDA
  • Latest Funding Round
    $82 M (USD), Post-IPO

    Mar 17, 2021

  • Investors
    Aimia

    & 1 more

  • Employee Count
    111

    as on Sep 30, 2024

  • Investments & Acquisitions
  • Acquired by
    Tata

    (Nov 06, 2020)

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Products & Services of AirAsia MOVE

AirAsia MOVE offers a comprehensive portfolio of products and services, including Flights, Hotels, and Airport Transfer. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Flights are offered for various destinations worldwide.

Hotel bookings are provided for travelers globally.

Airport transfers are arranged for convenient travel.

People of AirAsia MOVE
Headcount 10000+
Employee Profiles 210
Board Members and Advisors 1
Employee Profiles
People
Lo Chee Sing
Senior First Officer
People
Thanabhakiam Thuraraju
Senior Marketing Executive
People
Sumathi Seelan
Strategy And Project Manager
People
Adam Janin
Senior Software Engineer

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Board Members and Advisors
people
Datuk Kamarudin Meranun
Executive Chairman

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Funding Insights of AirAsia MOVE

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $82.0M
  • First Round

    (15 Sep 2009)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2021 Amount Post-IPO - AirAsia MOVE Valuation

investors

Sep, 2009 Amount Post-IPO - AirAsia MOVE Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AirAsia MOVE

AirAsia MOVE has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Aimia and Tata. 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.

All
Institutional
Investor Description Founded Year Domain Location
Diversified operations are conducted across chemicals industries globally.
Founded Year Domain Location
Multiple industries are operated in by the diversified Tata conglomerate.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AirAsia MOVE

AirAsia MOVE has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vidi. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Personalized holiday packages are booked via an online platform.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AirAsia MOVE

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Airasia Move Comparisons

Employees
+
Add Comparison
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Competitors of AirAsia MOVE

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Airasia Move

Frequently Asked Questions about AirAsia MOVE

When was AirAsia MOVE founded?

AirAsia MOVE was founded in 2001 and raised its 1st funding round 8 years after it was founded.

Where is AirAsia MOVE located?

AirAsia MOVE is headquartered in Malacca, Malaysia. It is registered at Malacca, Malacca, Malaysia.

Who is the current CEO of AirAsia MOVE?

Tony Fernandes is the current CEO of AirAsia MOVE.

How many employees does AirAsia MOVE have?

As of Sep 30, 2024, the latest employee count at AirAsia MOVE is 111.

What is the annual revenue of AirAsia MOVE?

Annual revenue of AirAsia MOVE is $3.95M as on Mar 31, 2022.

What does AirAsia MOVE do?

AirAsia MOVE is involved in offering a range of travel-related services, including flights, hotel bookings, and airport transfers. The company operates within the transportation and hospitality sectors, providing solutions for travelers across various destinations. Services are tailored to meet diverse customer needs through a digital platform.

What products or services does AirAsia MOVE offer?

AirAsia MOVE offers Flights, Hotels, and Airport Transfer.

How many acquisitions has AirAsia MOVE made?

AirAsia MOVE has made 1 acquisition, including Vidi.

Who are AirAsia MOVE's investors?

AirAsia MOVE has 2 investors. Key investors include Aimia, and Tata.

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