FLY91

Panaji, India Founded: 2022 • Age: 4 yrs Minicorn
Operator of passenger airlines

About FLY91

FLY91 is a company based in Panaji (India) founded in 2022. FLY91 has raised $9.33 million across 1 funding round from investors including Authum Investment & Infrastructure, FE Securities and Ohm Enterprise. The company has 279 employees.

  • Headquarter Panaji, India
  • Employees 279
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Website category Travel and Tourism · Air Travel
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website fly91.in
  • Social LinkedIn X Facebook
Key Metrics
  • Annual Revenue
    $448.43 K (USD)
    3255
    as on Mar 31, 2024
  • Net Profit
    -$3.8 M (USD)
    -3881
    as on Mar 31, 2024
  • EBITDA
    -$3.75 M (USD)
    -3829
    as on Mar 31, 2024
  • Total Equity Funding
    $9.33M (USD)

    in 1 rounds

  • Latest Funding Round
    $9.33M (USD), Series A

    Mar 2024

  • Investors
  • Employee Count
    279

Funding Insights of FLY91

FLY91 has successfully raised a total of $9.33M through 1 strategic funding round. The most recent funding activity was a Series A round of $9.33 million completed in March 2024. 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 $9.33M
  • Total Rounds 1
  • Last Round Series A β€” $9.33M
  • First Round $9.33M

    (Mar 2024)

  • Investors Count 25

All 1 funding rounds of FLY91 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$9.33MSeries A$53.32MOhm Enterprise
Valuation history
DateValuationStage
Mar 2024$53.32Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $53.32M (Mar 2024). 25 investors in total: 12 institutional and 13 angel.

Investors in FLY91

FLY91 has secured backing from 25 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Authum Investment & Infrastructure, FE Securities and Ohm Enterprise.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital fund focused on early-stage startups
–ohmenterprise.tcc.mode-
Multiple investments are managed by a single-family office in Mumbai.
–oneupfinancialconsultants.tcc.modeMumbai, India
Early-stage hardware sector investments are made by Tyche Partners.
–tychepartners.comMenlo Park, United States
Diversified investments in infrastructure and other sectors are managed.
1982authum.comMumbai, India
-
–srhpl.com-
Online investment and trading platform
1995fesecurities.inDelhi, India
-
–pagodaadvisors.tcc.mode-
-
–vibhaagencies.tcc.mode-
Business broking, digital marketing, and hosting services are offered.
–odysseyindiaadvisory.tcc.modeMumbai, India
-
–mldamanisecurities.tcc.mode-
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Investor details for FLY91

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  • Round participation
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Verified entity values are shown only after access is granted.

People of FLY91

16 people are tracked at FLY91 (13 in leadership, 3 in team); the tracked headcount is 279.

NameRoleGroup
CEO & MDLeadership
Dhiraj Gidwani
Chief Information OfficerLeadership
Saptarshi Banerjee
Head- Commercial And Revenue AnalyticsLeadership
Gautam Salaskar
Head - Inflight Services And Customer ExperiencesLeadership
Prateek Agarwal
Director - TrainingLeadership
Chenna Reddy
COOLeadership
Ashutosh Chitnis
Chief Revenue OfficerLeadership
Deepak Gandhi
Head - Flight SafetyLeadership
Prasanna Subramaniam
Chief Technology OfficerLeadership
Rodney Ashwin Shiri
Head Of Customer Relationship ManagementLeadership
Chetan Machindra Attawar
Director - Engineering & MaintenanceLeadership
Shivkumar Mahalingam
CFOLeadership
Jeronimo Allen Trindade
Head Of Human ResourcesLeadership
Yeswanth Sai Venkata
Assistant ManagerTeam
Nimisha Jaju
Finance ControllerTeam
Yuvraj Singh Dhanjal
Assistant Base Incharge & Line Check Cabin CrewTeam
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Timeline of FLY91

3 dated milestones of FLY91 across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded FLY91 is founded.
  2. Funding First funding round of $9.3M.
  3. Milestone Reaches Minicorn status.

Web traffic of FLY91

The website of FLY91 (fly91.in) receives about 153.4K visits a month and ranks #236,748 among all websites worldwide, #6,840 in Air Travel.

  • Monthly visits
    153.4K

    ▲ 8% vs previous month

  • Unique visitors
    63.1K

    per month

  • Global rank
    #236,748

    among all websites

  • Category rank
    #6,840

    Travel and Tourism · Air Travel

Similar websites

Websites whose visitors overlap most with FLY91. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
skyscanner.co.in
100%
–#2,219View details
goindigo.in
93%
20.2M#1,604View details
starair.in
88%
–#225,435View details
airindiaexpress.com
airindiaexpress.com
83%
–#12,026–
etrav.in
83%
50K#425,140View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 25 similar websites and full traffic analytics for FLY91

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 25 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Fly91

India's Fly91 eyes late 1Q24 launch date
Andrew Curran β€’ 2 years ago
Fly91 bags Air Operator’s Certificate from DGCA
The New Indian Express β€’ 2 years ago
Premium access

Complete news archive for FLY91

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to FLY91

10 companies that operate in the same segment as FLY91 (Passenger Airlines), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Passenger airline services are provided across domestic routes in India.
2021Mumbai, Maharashtra, IndiaUSD 187.89 MUSD 93.53 M3,268
Online flight bookings are facilitated for low-cost travel in Brazil.
2008Barueri, Sao Paulo, BrazilUSD 550 MUSD 3.16 B15,370
Provider of logistics company offering package tracking, rates, and tools to support shippers and small businesses
1965Memphis, Tennessee, United States–USD 94.72 B300,000
Airline services are provided by Delta to global destinations.
1928Atlanta, Georgia, United States–USD 63.36 B103,000
Low-cost flights are operated across Europe by Ryanair.
1985Dublin, Ireland–USD 17.87 B25,950
Passenger airline operations are conducted globally from U.S. hubs.
1926Dallas, Texas, United States–USD 54.63 B133,300
Passenger airline services are provided domestically by Frontier Airlines.
1996Jacksonville, United States–USD 3.72 B7,940
European flights are operated from the Baltic region by airBaltic.
1995Riga, LatviaUSD 444.94 M––
Airlines company
1926Chicago, Illinois, United States–USD 59.07 B107,300
Airline operator in Europe
1995London, England, United Kingdom–USD 13.59 B17,800
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Frequently Asked Questions about FLY91

FLY91 was founded in 2022 and raised its 1st funding round 2 years after it was founded.

FLY91 is headquartered in Panaji, India. It is registered at Panaji, Goa, India.

Manoj Chacko is the current CEO of FLY91.

FLY91 is a funded company, having raised a total of $9.33M across 1 funding round to date. The company's 1st funding round was a Series A of $9.33M, raised on Mar 2024.

FLY91 has 279 employees.

Annual revenue of FLY91 is $448.43K as on Mar 31, 2024.

Operator of passenger airlines. The company strives to enhance air connectivity specifically for tier 2 and tier 3 towns, making air travel more accessible to a broader segment of the population.

FLY91 has 25 investors. Key investors include Authum Investment & Infrastructure, FE Securities, Ohm Enterprise, Ramesh Damani, and SR Group.

The valuation of FLY91 is $53.32M as of Mar 2024.

The website of FLY91 receives about 153 thousand visits a month and ranks #236,748 among all websites worldwide.

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