About FlyMya
FlyMya is a company based in Yangon (Myanmar) founded in 2015.. FlyMya has raised $1 million across 2 funding rounds from investors including BOD Tech Ventures. FlyMya has completed 2 acquisitions, including Go-Myanmar.com and Switch. FlyMya offers products and services including Domestic Flights, Hotels, Tour Packages, Transport Rentals, and Hot Air Balloons. FlyMya operates in a competitive market with competitors including Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, among others.
- Headquarter Yangon, Myanmar
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Sectors
Travel & 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Go-Myanmar.com
& 1 more
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Products & Services of FlyMya
FlyMya offers a comprehensive portfolio of products and services, including Domestic Flights, Hotels, Tour Packages, Transport Rentals, and Hot Air Balloons. 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.
Service for booking flights within Myanmar
Platform for reserving hotel stays in Myanmar
Packages for organized trips and sightseeing in Myanmar
Rentals of vehicles for travel in Myanmar
Bookings for hot air balloon experiences in Myanmar
Access to events and attractions across Myanmar
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Software Development Team
2 people
Leadership Team
1 people
Human Resources and Administration
1 people
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Funding Insights of FlyMya
FlyMya has successfully raised a total of $1M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(12 Oct 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Series A - FlyMya | Valuation |
investors |
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| Oct, 2015 | Amount | Seed - FlyMya | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 FlyMya
FlyMya has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BOD Tech Ventures. 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 |
| 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 FlyMya
FlyMya has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Go-Myanmar.com and Switch. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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SaaS-based reservation and property management systems for hotels are offered.
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2016 | ||||
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Online domestic travel bookings are facilitated in Myanmar.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - FlyMya
| 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 |
Flymya Comparisons
Competitors of FlyMya
FlyMya 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 Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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| domain | founded_year | HQ Location |
Online platform for booking multiple travel services
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| 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 Flymya
Frequently Asked Questions about FlyMya
When was FlyMya founded?
FlyMya was founded in 2015.
Where is FlyMya located?
FlyMya is headquartered in Yangon, Myanmar. It is registered at Yangon, Yangon Region, Myanmar.
Is FlyMya a funded company?
FlyMya is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Oct 12, 2015.
What does FlyMya do?
FlyMya was founded in 2015 in Yangon, Myanmar, as an online travel agency in the tourism sector. Flight tickets are booked by users through searches specifying origins, destinations, dates, and passenger numbers, with options to compare and select flights. Additional services include reservations for tour packages, car rentals, and event tickets within Myanmar. Content features travel blogs, destination details, and traveler tips.
Who are the top competitors of FlyMya?
FlyMya's top competitors include MakeMyTrip, Ixigo and Despegar.
What products or services does FlyMya offer?
FlyMya offers Domestic Flights, Hotels, Tour Packages, Transport Rentals, and 2 more products and services.
How many acquisitions has FlyMya made?
FlyMya has made 2 acquisitions, including Go-Myanmar.com, and Switch.
Who are FlyMya's investors?
FlyMya has 1 investor. Key investors include BOD Tech Ventures.