Flynava Technologies

Bengaluru, India Founded: 2016 • Age: 10 yrs
AI-driven revenue management tools are provided for aviation.
Annual revenue $393,885 Latest available
Total funding $2.5M 1 rounds
Employees 46 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Flynava Technologies

Flynava Technologies is a company based in Bengaluru (India) founded in 2016 by Mahesh Shastry. Flynava Technologies has raised $2.5 million across 1 funding round from investors including Ideaspring Capital and Mahesh Shastry. The company has 46 employees as of March 29, 2024. Flynava Technologies operates in a competitive market with competitors including RateGain, Wenrix, Infare, Airnguru and Reveneo, among others.

  • Headquarter Bengaluru, India
  • Employees 46 as on 29 Mar, 2024
  • Founders Mahesh Shastry
  • Sectors
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Flynava Technologies Private Limited
  • Date of Incorporation 27 Apr, 2015
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Technology → Aviation & Specialized Tech Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $393.88 K (USD)
    14.03
    as on Mar 31, 2023
  • Net Profit
    $54.75 K (USD)
    85.8
    as on Mar 31, 2023
  • EBITDA
    $123.36 K (USD)
    -4.49
    as on Mar 31, 2023
  • Total Equity Funding
    $2.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.5 M (USD), Seed

    Jun 28, 2024

  • Investors
  • Employee Count
    46

    as on Mar 29, 2024

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Funding Insights of Flynava Technologies

Flynava Technologies has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in June 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.

Investors in Flynava Technologies

Flynava Technologies has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include Ideaspring Capital and Mahesh Shastry.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Early-stage investments are provided to technology startups by Ideaspring Capital.
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Mahesh Shastry

Angel investor and entrepreneur, co-founder of MyGate, focused on tech startups
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Investments & Acquisitions by Flynava Technologies

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Financial Statements - Flynava Technologies

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Flynava Technologies Comparisons

Flynava Technologies Primary company
Description
AI-driven revenue management tools are provided for aviation...
Location
Bengaluru, India
Founded Year
2016
Annual Revenue
$393.88 K (USD)
Net Profit
$54.75 K (USD)
EBITDA
$123.36 K (USD)
Employees
46
As of 2024
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Peer comparison for Flynava Technologies

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Competitors of Flynava Technologies

Flynava Technologies 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 RateGain, Wenrix, Infare, Airnguru and Reveneo, among others.

Company Name Domain Founded year HQ Location Description
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SaaS solutions for hospitality revenue and operations management are delivered.
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AI and web-based airfare and pricing analytics solutions for the aviation industry
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Airfare intelligence tools are supplied to airline operators.
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Pricing intelligence platform is provided for airline operators' revenue management.
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Provider of web-based pricing analytics & revenue management solutions for airlines
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Provides data-driven platforms to enhance airline performance and revenue.
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Detailed competitors of Flynava Technologies

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Latest news on Flynava Technologies

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Frequently Asked Questions about Flynava Technologies

Flynava Technologies was founded in 2016 and raised its 1st funding round 8 years after it was founded.

Flynava Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Mahesh Shastry is the current CEO of Flynava Technologies. They have also founded this company.

Flynava Technologies is a funded company, having raised a total of $2.5M across 1 funding round to date.

As of Mar 29, 2024, the latest employee count at Flynava Technologies is 46.

Annual revenue of Flynava Technologies is $393.88K as on Mar 31, 2023.

Flynava Technologies was founded in 2016 in Bengaluru, India, as a provider of AI-powered solutions for the airline industry. Focus is placed on pricing and revenue management tools, with the flagship product Jupiter employing machine learning algorithms to identify competitor price changes and demand variations. Data-driven pricing decisions are enabled for airlines through these operations.

Flynava Technologies's top competitors include RateGain, Wenrix and Airnguru.

Flynava Technologies has 2 investors. Key investors include Ideaspring Capital, and Mahesh Shastry.

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