About Akbar Travels
Akbar Travels is a company based in Mumbai (India) founded in 1978. It operates as a B2C, and D2C. The company has 1,015 employees as of March 31, 2023. Akbar Travels offers products and services including Flight Booking, Hotel Booking, Visa Services, and Holiday Packages. Akbar Travels operates in a competitive market with competitors including MakeMyTrip, Despegar, Traveloka, Priceline and Lastminute, among others.
- Headquarter Mumbai, India
- Employees 1015 as on 31 Mar, 2023
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Sectors
Travel & Hospitality
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Phone
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Website
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Social
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- Legal Name Akbar Travels Of India Private Limited
- Date of Incorporation 26 Sep, 2001
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$78.3 M (USD)81.33as on Mar 31, 2023
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Net Profit
$4.9 M (USD)73.35as on Mar 31, 2023
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EBITDA
$7.55 M (USD)235.86as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
1015
as on Mar 31, 2023
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Products & Services of Akbar Travels
Akbar Travels offers a comprehensive portfolio of products and services, including Flight Booking, Hotel Booking, Visa Services, and Holiday Packages. 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.
Service for online flight reservations and scheduling.
Platform for reserving hotels at competitive rates.
Assistance for visa applications and processing.
Packages for domestic and international tours.
Funding Insights of Akbar Travels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Akbar Travels
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Akbar Travels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Akbar Travels Comparisons
Competitors of Akbar Travels
Akbar Travels operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MakeMyTrip, Despegar, Traveloka, Priceline and Lastminute, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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| domain | founded_year | HQ Location |
Online platform providing multiple travel booking services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Akbar Travels
Frequently Asked Questions about Akbar Travels
When was Akbar Travels founded?
Akbar Travels was founded in 1978.
Where is Akbar Travels located?
Akbar Travels is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Akbar Travels have?
As of Mar 31, 2023, the latest employee count at Akbar Travels is 1,015.
What is the annual revenue of Akbar Travels?
Annual revenue of Akbar Travels is $78.3M as on Mar 31, 2023.
What does Akbar Travels do?
Akbar Travels is an online travel agency based in India that offers services like flight ticket booking, hotel reservations, visa applications, and holiday packages through its website and mobile app. They provide competitive rates and exclusive deals, catering to domestic and international travelers with seamless coordination for flights, hotels, and tours. Their focus is on quality and convenience for individual and family trips.
Who are the top competitors of Akbar Travels?
Akbar Travels's top competitors include MakeMyTrip, Ixigo and Despegar.
What products or services does Akbar Travels offer?
Akbar Travels offers Flight Booking, Hotel Booking, Visa Services, and Holiday Packages.