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
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Sectors
Technology
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Email
***********
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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
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Annual Revenue
$393.88 K (USD)14.03as on Mar 31, 2023
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Net Profit
$54.75 K (USD)85.8as on Mar 31, 2023
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EBITDA
$123.36 K (USD)-4.49as on Mar 31, 2023
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Total Equity Funding
$2.5 M (USD)
in 1 rounds
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Latest Funding Round
$2.5 M (USD), Seed
Jun 28, 2024
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Investors
Ideaspring Capital
& 1 more
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.5M
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First Round
First Round
(28 Jun 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - Flynava Technologies | Valuation | Ideaspring Capital |
| 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 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. 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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Early-stage investments are provided to technology startups by Ideaspring Capital.
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Founded Year | Domain | Location | |
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MS
Mahesh Shastry |
Angel investor and entrepreneur, co-founder of MyGate, focused on tech startups
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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 Flynava Technologies
| 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 - Flynava Technologies
| 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 |
Flynava Technologies Comparisons
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. 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 |
SaaS solutions for hospitality revenue and operations management are delivered.
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| domain | founded_year | HQ Location |
AI and web-based airfare and pricing analytics solutions for the aviation industry
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| domain | founded_year | HQ Location |
Airfare intelligence tools are supplied to airline operators.
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| domain | founded_year | HQ Location |
Pricing intelligence platform is provided for airline operators' revenue management.
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| domain | founded_year | HQ Location |
Provider of web-based pricing analytics & revenue management solutions for airlines
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| domain | founded_year | HQ Location |
Provides data-driven platforms to enhance airline performance and revenue.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Flynava Technologies
Frequently Asked Questions about Flynava Technologies
When was Flynava Technologies founded?
Flynava Technologies was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Where is Flynava Technologies located?
Flynava Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Flynava Technologies?
Mahesh Shastry is the current CEO of Flynava Technologies. They have also founded this company.
Is Flynava Technologies a funded company?
Flynava Technologies is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Jun 28, 2024.
How many employees does Flynava Technologies have?
As of Mar 29, 2024, the latest employee count at Flynava Technologies is 46.
What is the annual revenue of Flynava Technologies?
Annual revenue of Flynava Technologies is $393.88K as on Mar 31, 2023.
What does Flynava Technologies do?
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.
Who are the top competitors of Flynava Technologies?
Who are Flynava Technologies's investors?
Flynava Technologies has 2 investors. Key investors include Ideaspring Capital, and Mahesh Shastry.