flybig

Gurugram, India Founded: 2020 • Age: 6 yrs Minicorn
Scheduled passenger flights and regional connectivity are operated across India.

About flybig

flybig is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2020 by Sanjay Mandavia. Scheduled passenger flights and regional connectivity are operated across India. flybig has raised $505.68 thousand across 3 funding rounds from investors including Prashant Desai, Amit Atmaram Shah and Kartik Senthivel. The company has 86 employees. flybig was last valued at $32.56 million in August 2023. Its website flybig.in draws about 14 thousand monthly visits. Its Indian entity Big Charter Private Limited reported revenue of β‚Ή129 Cr. flybig offers products and services including Web App and Flight Services. Its focus areas include Travel and Hospitality, Passenger Airlines and Transportation and Logistics.

Company details

Flybig was founded in 2020 and is based in Gurugram, India. Operations are conducted in the passenger airlines sector, with scheduled flights, regional air connectivity, and charter services provided. Low-cost travel options, including zero-change fee plans, onboard amenities, and priority support, are offered. Emphasis is placed on connecting underserved and remote regions throughout the country.

  • Headquarters Gurugram, India
  • Employees 86
  • Founders Sanjay Mandavia
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Website category Travel and Tourism · Air Travel
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website flybig.in
  • Social LinkedIn X
  • Legal Name Big Charter Private Limited
  • Date of Incorporation 13 Dec, 2014
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹129 Cr

    FY 2024 · -39% YoY

  • Net Loss
    -₹101 Cr

    FY 2024 · -78% margin

  • EBITDA
    -₹95.43 Cr

    FY 2024 · -74% margin

  • Total Equity Funding
    $505.68K (USD)

    in 3 rounds

  • Latest Funding Round
    $98.65K (USD), Angel Round

    Aug 2023

  • Employee Count
    86

Products & Services of flybig

flybig offers a comprehensive portfolio of products and services, including Web App and Flight Services.

Web App
Software Services

A web application is offered that requires JavaScript for operation, allowing access to digital features

Flight Services
Transportation Services

Regional flight services are provided through digital means, supporting connectivity for users

Funding Insights of flybig

flybig has successfully raised a total of $505.68K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $98.65 thousand completed in August 2023. 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 $505,680
  • Total Rounds 3
  • Last Round Angel Round β€” $98,649
  • First Round $407,031

    (Sep 2021)

  • Investors Count 17

All 3 funding rounds of flybig with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2023$98,649Angel Round$32.56M–
May 2023Seed––
–
Sep 2021$407,031Seed$15.77M–
Valuation history
DateValuationStage
Aug 2023$32.56Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2021$15.77Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $32.56M (Aug 2023). 17 investors in total: 1 institutional and 16 angel.

Investors in flybig

flybig has secured backing from 17 investors, including angel and institutional investors. Prominent investors backing the company include Prashant Desai, Amit Atmaram Shah and Kartik Senthivel.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation

Prashant Desai

unknown_38416497a6c746a78

Amit Atmaram Shah

unknown_22ad0ef59aa949eca

Kartik Senthivel

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Ankit Barmecha

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Ashok Barmecha

unknown_8e03c2453f05443aa

Kalpana Jain

Angel investor focusing on early-stage Indian startups in tech and consumer sectors.
unknown_19e73ddba0364b059

Priya Barmecha

unknown_aca81318b7fa4fdfa

Prakash Kumar Birmecha

unknown_8b3edb5ada134f0e9

Mamta Barmecha

unknown_6800cab1a65d46509
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Investor details for flybig

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Board of directors of Big Charter Private Limited (flybig)

Big Charter Private Limited is the primary company behind flybig. The board of Big Charter Private Limited currently have 2 directors; the longest-serving is Sanjay Natvarlal Mandavia, appointed in 2021. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sanjay Natvarlal Mandavia
DIN 03606814
Managing Director27 Nov 20214 yrs 11 moBig Charter Private Limited
Ruchir Mandavia
DIN 08516263
Additional Director02 Jan 20242 yrs 10 moBig Charter Private Limited

People of flybig

5 people are tracked at flybig (4 in leadership, 1 in team); the tracked headcount is 86.

NameRoleGroup
Founder & MDLeadership
Chander Bahadur
Vice President & Head Of Financial Intelligence And StrategiesLeadership
Manisha Jha
Executive Vice PresidentLeadership
Solomon David
Director - HRLeadership
Nitin Sharma
Business Development & Flight OperationsTeam
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Financials of flybig

Figures of Big Charter Private Limited, the primary company behind flybig, for FY 2024. Revenue was ₹129 Cr (-39% year on year). Net loss was -₹101 Cr (-78% margin). EBITDA was -₹95.43 Cr (-74% margin). Revenue has grown at a compounded annual rate of +124% over three years.

  • ₹129 CrRevenue · FY 2024 · -39% YoY
  • -₹101 CrNet loss · -78% margin
  • -₹95.43 CrEBITDA · -74% margin
  • ₹30.09 CrPaid-up capital
  • 86Employees (provident fund records)
  • +124%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Big Charter Private Limited are on its company page.

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Detailed financial statements for flybig

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Timeline of flybig

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

  1. Founded flybig is founded.
  2. Funding First funding round of $407K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $99K.

Web traffic of flybig

The website of flybig (flybig.in) receives about 14K visits a month and ranks #1,235,431 among all websites worldwide, #3,588 in Air Travel.

  • Monthly visits
    14K

    ▼ 29.1% vs previous month

  • Unique visitors
    10.1K

    per month

  • Global rank
    #1,235,431

    among all websites

  • Category rank
    #3,588

    Travel and Tourism · Air Travel

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
fly91.in
100%
153.4K#236,748View details
allianceair.in
100%
#182,040View details
ch-aviation.com
100%
344.9K#123,602View details
airheritage.in
airheritage.in
63%
#1,383,173–
ftd.travel
60%
72.6K#399,723View details
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Related news about Flybig

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Frequently Asked Questions about flybig

flybig was founded in 2020 and raised its 1st funding round 1 year after it was founded.

flybig is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

flybig is a funded company, having raised a total of $505.68K across 3 funding rounds to date. The company's 1st funding round was a Seed of $407.03K, raised on Sep 2021.

flybig has 86 employees.

The primary company behind flybig, Big Charter Private Limited, reported revenue of β‚Ή129 Cr for FY 2024, down 39% year on year.

Flybig was founded in 2020 and is based in Gurugram, India. Operations are conducted in the passenger airlines sector, with scheduled flights, regional air connectivity, and charter services provided. Low-cost travel options, including zero-change fee plans, onboard amenities, and priority support, are offered. Emphasis is placed on connecting underserved and remote regions throughout the country.

flybig offers Web App and Flight Services.

flybig has 17 investors. Key investors include Prashant Desai, Amit Atmaram Shah, Kartik Senthivel, Shashvatadistributors, and Ankit Barmecha.

The valuation of flybig is $32.56M as of Aug 2023.

flybig operates through Big Charter Private Limited.

The legal entities of flybig currently have 2 directors, including Sanjay Natvarlal Mandavia, Ruchir Mandavia.

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