About flybig
flybig is a company based in Gurugram (India) founded in 2020 by Sanjay Mandavia.. 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 as of May 20, 2024. flybig offers products and services including Web App and Flight Services.
- Headquarter Gurugram, India
- Employees 86 as on 20 May, 2024
- Founders Sanjay Mandavia
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Big Charter Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$25.26 M (USD)265.08as on Mar 31, 2023
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Net Profit
$136.23 K (USD)32.62as on Mar 31, 2023
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EBITDA
$76.29 K (USD)-59.4as on Mar 31, 2023
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Total Equity Funding
$505.68 K (USD)
in 3 rounds
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Latest Funding Round
$98.65 K (USD), Angel Round
Aug 18, 2023
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Investors
Shashvatadistributors
& 16 more
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Employee Count
86
as on May 20, 2024
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Products & Services of flybig
flybig offers a comprehensive portfolio of products and services, including Web App and Flight Services. 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.
A web application is offered that requires JavaScript for operation, allowing access to digital features
Regional flight services are provided through digital means, supporting connectivity for users
Unlock access to complete
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 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 Total Funding
- Total Rounds 3
- Last Round Angel Round — $98,649
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First Round
First Round
(21 Sep 2021)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Angel Round - flybig | Valuation |
investors |
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| May, 2023 | Amount | Seed - flybig | Valuation |
investors |
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| Sep, 2021 | Amount | Seed - flybig | Valuation |
investors |
| 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 |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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PD
Prashant Desai |
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Founded Year | Domain | Location |
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AA
Amit Atmaram Shah |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by flybig
| 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 - flybig
| 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 |
Flybig Comparisons
Competitors of flybig
| 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 Flybig
Frequently Asked Questions about flybig
When was flybig founded?
flybig was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is flybig located?
flybig is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is flybig a funded company?
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 21, 2021.
How many employees does flybig have?
As of May 20, 2024, the latest employee count at flybig is 86.
What is the annual revenue of flybig?
Annual revenue of flybig is $25.26M as on Mar 31, 2023.
What does flybig do?
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.
What products or services does flybig offer?
flybig offers Web App and Flight Services.
Who are flybig's investors?
flybig has 17 investors. Key investors include Prashant Desai, Amit Atmaram Shah, Kartik Senthivel, Shashvatadistributors, and Ankit Barmecha.
What is flybig's valuation?
The valuation of flybig is $32.56M as of Aug 2023.