About CoreFares
CoreFares is a Travel & Hospitality company based in Bengaluru (India) founded in 2020. It offers B2B ticketing platforms for global airfare and group travel needs. It operates on a B2B and SaaS model. The company has 38 employees. Its Indian entity Corefares Consulting Private Limited reported revenue of ₹46.84 Cr. CoreFares offers products and services including B2B Platform, API, and White Label. Its focus areas include Travel and Tourism, Ticketing Tech, Airfare and Global Inventory.
Company details
CoreFares is a ticketing partner specializing in competitive global airfare inventory from 600 airlines across 175 countries. It provides user-friendly platforms for individual and group bookings, including MICE and leisure travel. The company offers 247 support for ticketing and post-ticketing services. Based in Bangalore, India, and Singapore, it serves travel agencies, tour operators, and OTAs through B2B, API, and white-label solutions.
- Headquarters Bengaluru, India
- Employees 38
- SectorsTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website corefares.com
- Legal Name Corefares Consulting Private Limited
- Date of Incorporation 26 Feb, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹46.84 Cr
FY 2024 · +44% YoY
- Net Profit₹68.1 Lakh
FY 2024 · 1% margin
- EBITDA₹1.36 Cr
FY 2024 · 3% margin
- Employee Count38
Associated legal entities of CoreFares
CoreFares operates through Corefares Consulting Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Corefares Consulting Private Limited CIN U93090KA2020PTC133051 | Active | 26 Feb 2020 | Bangalore, Karnataka | ₹46.8 Cr | 38 | 3 | View details |
Products & Services of CoreFares
CoreFares offers a comprehensive portfolio of products and services, including B2B Platform, API, and White Label.
Web interface for global airfare booking and management.
API for accessing competitive airline data and ticketing.
White label setup for online travel business presence.
Board of directors of Corefares Consulting Private Limited (CoreFares)
Corefares Consulting Private Limited is the primary company behind CoreFares. The board of Corefares Consulting Private Limited currently have 3 directors; the longest-serving is Ajay Jude Fernandes Prabhu, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Jude Fernandes Prabhu DIN 00058300 | Managing Director | 26 Feb 2020 | 6 yrs 7 mo | Corefares Consulting Private Limited |
| John Cheravelil Verghese DIN 08122595 | Whole-time director | 26 Feb 2020 | 6 yrs 7 mo | Corefares Consulting Private Limited |
| Syed Saleemuddin Khilji DIN 08115750 | Whole-time director | 26 Feb 2020 | 6 yrs 7 mo | Corefares Consulting Private Limited |
Financials of CoreFares
Figures of Corefares Consulting Private Limited, the primary company behind CoreFares, for FY 2024. Revenue was ₹46.84 Cr (+44% year on year). Net profit was ₹68.1 Lakh (1% margin). EBITDA was ₹1.36 Cr (3% margin). Revenue has grown at a compounded annual rate of +71% over three years.
- ₹46.84 CrRevenue · FY 2024 · +44% YoY
- ₹68.1 LakhNet profit · 1% margin
- ₹1.36 CrEBITDA · 3% margin
- ₹1 LakhPaid-up capital
- 38Employees (provident fund records)
- +71%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Corefares Consulting Private Limited are on its company page.
Detailed financial statements for CoreFares
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Online Travel
10 companies that operate in the same segment as CoreFares (Online Travel), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | – | 5,191 | |
Multiple travel services are booked via an app-based platform. | 2012 | Jakarta, Jakarta, Indonesia | USD 1.02 B | USD 90.89 M | 3,164 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
Outdoor tours and activities are booked via an app-based platform. | 2009 | Berlin, Berlin, Germany | USD 877.51 M | – | 1,532 |
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Frequently Asked Questions about CoreFares
CoreFares was founded in 2020.
CoreFares is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
CoreFares has 38 employees.
The primary company behind CoreFares, Corefares Consulting Private Limited, reported revenue of ₹46.84 Cr for FY 2024, up 44% year on year.
CoreFares is a ticketing partner specializing in competitive global airfare inventory from 600 airlines across 175 countries. It provides user-friendly platforms for individual and group bookings, including MICE and leisure travel. The company offers 247 support for ticketing and post-ticketing services. Based in Bangalore, India, and Singapore, it serves travel agencies, tour operators, and OTAs through B2B, API, and white-label solutions.
CoreFares offers B2B Platform, API, and White Label.
CoreFares operates through Corefares Consulting Private Limited.
The legal entities of CoreFares currently have 3 directors, including Ajay Jude Fernandes Prabhu, John Cheravelil Verghese, Syed Saleemuddin Khilji.