About AsiaTech
AsiaTech is a company based in Noida (India) founded in 2014 by Pratik Verma and Prateek Rastogi. AsiaTech has raised $5.25 million across 1 funding round. The company has 43 employees as of April 06, 2024. AsiaTech offers products and services including Hotel Channel Manager, Hotel Revenue Management, Hotel Booking Engine, Restaurant Management System, and Web Development. AsiaTech operates in a competitive market with competitors including CloudBeds, Guesty, Shiji, StayNTouch and Hotelogix, among others.
- Headquarter Noida, India
- Employees 43 as on 06 Apr, 2024
- Founders Pratik Verma, Prateek Rastogi
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Sectors
TechnologyTravel & Hospitality
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Email
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Phone
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Website
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Social
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- Legal Name Asiatech Hospitality Solutions Private Limited
- Date of Incorporation 05 Aug, 2014
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$494.09 K (USD)54.6as on Mar 31, 2023
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Net Profit
$17.19 K (USD)208.1as on Mar 31, 2023
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EBITDA
$61.64 K (USD)62.81as on Mar 31, 2023
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Total Equity Funding
$5.25 M (USD)
in 1 rounds
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Latest Funding Round
$5.25 M (USD), Series A
Sep 03, 2014
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Investors
Not available
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Employee Count
43
as on Apr 06, 2024
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Products & Services of AsiaTech
AsiaTech offers a comprehensive portfolio of products and services, including Hotel Channel Manager, Hotel Revenue Management, Hotel Booking Engine, Restaurant Management System, and Web Development.
Manages OTA connections for hotel room distribution.
Automates pricing based on market data for revenue optimization.
Facilitates direct commission-free reservations via websites.
Tracks food costs and orders for multi-unit restaurants.
Creates custom web applications for business workflows.
Builds strategies to enhance brand visibility and reach.
Funding Insights of AsiaTech
AsiaTech has successfully raised a total of $5.25M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.25 million completed in September 2014. 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.
Investments & Acquisitions by AsiaTech
Investment portfolio details for AsiaTech
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Financial Statements - AsiaTech
Detailed financials for AsiaTech
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Asiatech Comparisons
Peer comparison for AsiaTech
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Competitors of AsiaTech
AsiaTech 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 CloudBeds, Guesty, Shiji, StayNTouch and Hotelogix, among others.
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Browser-based software solutions for hotels and other accomodations
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Cloud-based software is provided for vacation rental management and synchronization.
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Cloud-based property management solutions for hospitality are provided.
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Property management software is delivered through a SaaS platform.
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Cloud-based hotel management system
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SaaS solutions for hospitality revenue and operations management are delivered.
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Detailed competitors of AsiaTech
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Latest news on Asiatech
Complete news archive for AsiaTech
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Frequently Asked Questions about AsiaTech
AsiaTech was founded in 2014.
AsiaTech is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Pratik Verma is the current CEO of AsiaTech. They have also founded this company.
AsiaTech is a funded company, having raised a total of $5.25M across 1 funding round to date.
As of Apr 06, 2024, the latest employee count at AsiaTech is 43.
Annual revenue of AsiaTech is $494.09K as on Mar 31, 2023.
AsiaTech was founded in 2014 and is headquartered in Noida, India. A cloud-based platform is provided for hotel management, featuring tools such as a channel manager, property management system, revenue management, and booking engine. Restaurant management software and web development services are also included. Operations are streamlined through automated workflows, while sales are supported by pricing recommendations derived from market data.
AsiaTech's top competitors include Guesty, CloudBeds and Canary Technologies.
AsiaTech offers Hotel Channel Manager, Hotel Revenue Management, Hotel Booking Engine, Restaurant Management System, and 2 more products and services.