About Airlines Technology
Airlines Technology is a Technology company based in Gurugram (India) founded in 2015, and was acquired by TWAI in January 2020. NDC implementation and aggregation solutions are offered for airlines. Airlines Technology has raised $274.62 thousand across 3 funding rounds from investors including Indorient, Amit Kumar and Tarun Das. The company has 6 employees. Airlines Technology was last valued at $1.99 million in January 2019. Its focus areas include Travel and Hospitality Tech, Aviation IT, Passenger Service Systems and Suite. Its legal entity in India is Airlines Technology Private Limited (U74999HR2015PTC055930).
Company details
Founded in 2015 and based in Gurugram, India, Airlines Technology provides enterprise solutions centered on IATAs NDC for the airlines sector. Services encompass airline-specific content management systems, aggregation of content from multiple airlines for travel agents and metasearch engines, and an agent portal. A proof of concept has been approved by IATA, with partnerships including British Airways, and a Best Startup award was received in 2016 from Travel Startup Knockdown.
- Headquarters Gurugram, India
- Employees 6
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website airlinestechnology.com
- Social LinkedIn X
- Acquired by TWAI (Jan 2020)
- Legal Name Airlines Technology Private Limited
- Date of Incorporation 30 Jun, 2015
- Jurisdiction Gurgaon, Haryana, India
Associated legal entities of Airlines Technology
Airlines Technology operates through Airlines Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Airlines Technology Private Limited CIN U74999HR2015PTC055930 | Active | 30 Jun 2015 | Gurgaon, Haryana | 6 | 3 | View details |
Funding Insights of Airlines Technology
Airlines Technology has successfully raised a total of $274.62K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $143.92 thousand completed in January 2019. 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 $274,619
- Total Rounds 3
- Last Round Angel Round — $143,924
- First Round $23,077
(May 2016)
- Investors Count 14
All 3 funding rounds of Airlines Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2019 | $143,924 | Angel Round | $1.99M | Dinesh Kumar Agarwal | |
| Aug 2017 | $107,618 | Series A | $935,737 | Indorient | |
| May 2016 | $23,077 | Seed | $••••• | Travel Startups | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2019 | $1.99M | •••••••• |
Last known valuation $1.99M (Jan 2019). 15 investors in total: 3 institutional and 12 angel.
Investors in Airlines Technology
Airlines Technology has secured backing from 15 investors, including angel and venture fund investors. Prominent investors backing the company include Indorient, Amit Kumar and Tarun Das.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accelerator firm focused on the travel sector | travelstartups.co | St. Petersburg, United States | ||
AK Amit Kumar | Angel investor and entrepreneur, co-founder of Ah! Ventures, active in Indian startups | unknown_46c6308614d24b13b | ||
TD Tarun Das | unknown_b18bb951c0dd4b4fa | |||
RS Ravi Shankar Gupta | unknown_f2005a1bca4c4ab78 | |||
RS Roopak Sahni | unknown_c1c11eb307aa4237a | |||
GG Gaurav Gupta | Angel investor, ex-Zomato co-founder, active in Indian startup ecosystem | unknown_02e6fa73c6304066b | ||
VK Vineet Kumar Sharma | unknown_4901b099bcb941d5b | |||
PK Pawan Kumar Jangra | unknown_b891c6d1289b43a0a | |||
TN Tarun Nijjhawan | unknown_4303b38d36fa40e4a | |||
JP James Paul | unknown_c20918fabded474f9 |
Investor details for Airlines Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Airlines Technology Private Limited (Airlines Technology)
Airlines Technology Private Limited is the primary company behind Airlines Technology. The board of Airlines Technology Private Limited currently have 3 directors; the longest-serving is Varun L Bansal, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Varun L Bansal DIN 06695146 | Director | 30 Jun 2015 | 11 yrs 3 mo | Airlines Technology Private Limited |
| Smriti DIN 06899626 | Director | 30 Jun 2015 | 11 yrs 3 mo | Airlines Technology Private Limited |
| Linus James Paul DIN 02483125 | Director | 24 Jul 2019 | 7 yrs 3 mo | Airlines Technology Private Limited |
Financials of Airlines Technology
Figures of Airlines Technology Private Limited, the primary company behind Airlines Technology, for FY 2023. Net loss was -₹17,700 (0% margin). EBITDA was -₹17,700 (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.
- -₹17,700Net loss · 0% margin
- -₹17,700EBITDA · 0% margin
- ₹1.3 LakhPaid-up capital
- 6Employees (provident fund records)
- -100%Revenue CAGR, 3 years
- -100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Airlines Technology Private Limited are on its company page.
Detailed financial statements for Airlines Technology
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Airlines Technology
5 dated milestones of Airlines Technology across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Airlines Technology is founded.
- Funding First funding round of $23K.
- Funding Latest funding round, Angel Round, of $144K.
- Milestone Reaches Minicorn status.
- Exit Acquired by TWAI.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Airlines Technology
Airlines Technology was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Airlines Technology is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Airlines Technology is a funded company, having raised a total of $274.62K across 3 funding rounds to date. The company's 1st funding round was a Seed of $23.08K, raised on May 2016.
Airlines Technology has 6 employees.
Founded in 2015 and based in Gurugram, India, Airlines Technology provides enterprise solutions centered on IATAs NDC for the airlines sector. Services encompass airline-specific content management systems, aggregation of content from multiple airlines for travel agents and metasearch engines, and an agent portal. A proof of concept has been approved by IATA, with partnerships including British Airways, and a Best Startup award was received in 2016 from Travel Startup Knockdown.
Airlines Technology has 15 investors. Key investors include Indorient, Amit Kumar, Tarun Das, Ravi Shankar Gupta, and Roopak Sahni.
The valuation of Airlines Technology is $1.99M as of Jan 2019.
Airlines Technology operates through Airlines Technology Private Limited.
Yes. Airlines Technology was acquired by TWAI in January 2020.
The legal entities of Airlines Technology currently have 3 directors, including Linus James Paul, Varun L Bansal, Smriti.