About Flynote
Flynote is a Travel & Hospitality company based in Bengaluru (India) founded in 2016 by Shukant Agrawal, Abhinav Prakash, and Ankit Abhishek. Holiday tour packages are booked online through a customizable platform. Flynote has raised $6.75 million across 7 funding rounds from investors including LetsVenture, India Quotient and BRCCA Services. The company has 28 employees. Flynote was last valued at $9.05 million in September 2022. Its website flynote.com draws about 20 thousand monthly visits. Its Indian entity Clayo Technologies Private Limited reported revenue of ₹2.40 Cr. Flynote offers products and services including Travel Packages, Itineraries, and Expert Consultations. Its focus areas include Consumer, Online Travel, Holiday Packages and Online Agency. Its competitors include PickYourTrail, TripHobo and WeAreHolidays; 3 of its 3 listed competitors have raised funding.
Company details
Flynote was founded in 2016 and is based in Bengaluru, India. An online platform for the travel sector is operated, where holiday tour packages can be searched and customized. Destinations are selected by users, along with details such as preferred dates, locations, user information, and payment options. Trip planning and booking services are provided to facilitate organized travel arrangements.
- Headquarters Bengaluru, India
- Employees 28
- Founders Shukant Agrawal, Abhinav Prakash, Ankit Abhishek
- Stage Minicorn
- SectorsTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website flynote.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Clayo Technologies Private Limited
- Date of Incorporation 21 Dec, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.40 Cr
FY 2024 · +40% YoY
- Net Loss-₹10.14 Cr
FY 2024
- EBITDA-₹4.37 Cr
FY 2024 · -182% margin
- Total Equity Funding$6.75M (USD)
in 7 rounds
- Latest Funding Round$72.31K (USD), Angel Round
Aug 2024
- InvestorsLetsVenture
& 18 more
- Employee Count28
Associated legal entities of Flynote
Flynote operates through Clayo Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Clayo Technologies Private Limited CIN U72900KA2016PTC098673 | Active | 21 Dec 2016 | Bangalore, Karnataka | ₹2.4 Cr | 28 | 4 | View details |
Products & Services of Flynote
Flynote offers a comprehensive portfolio of products and services, including Travel Packages, Itineraries, and Expert Consultations.
Curated holiday packages for various global destinations.
Customized plans for themed trips like beaches and adventures.
Personalized advice from travel experts on destinations.
Funding Insights of Flynote
Flynote has successfully raised a total of $6.75M across 7 strategic funding rounds. The most recent funding activity was a Angel Round of $72.31 thousand completed in August 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 $6.75M
- Total Rounds 7
- Last Round Angel Round — $72,306
- First Round $2.24M
(Apr 2019)
- Investors Count 19
All 7 funding rounds of Flynote with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $72,306 | Angel Round | – | Sushil Mehta, Dhruv Sarin | |
| Jan 2024 | $204,449 | Seed | – | Surge Ventures | – |
| Sep 2022 | $1.52M | Seed | $9.05M | LetsVenture | |
| Sep 2022 | $1.48M | Seed | – | Surge Ventures, LetsVenture | |
| Oct 2021 | $826,962 | Seed | $7.85M | BRCCA Services | |
| May 2020 | $398,697 | Seed | $••••• | Surge | – |
| Apr 2019 | $2.24M | Seed | $••••• | Surge |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2022 | $9.05M | •••••••• |
| Oct 2021 | $7.85M | •••••••• |
| May 2020 | $••••• | •••••••• |
| Apr 2019 | $••••• | •••••••• |
Full valuation and stage history of Flynote
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
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Verified entity values are shown only after access is granted.
Last known valuation $9.05M (Sep 2022). 19 investors in total: 8 institutional and 11 angel.
Investors in Flynote
Flynote has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LetsVenture, India Quotient and BRCCA Services.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital services are extended to early-stage startups. | surgeventures.com | Houston, United States | ||
Investment in Indian startups across technology and fintech sectors. | 2012 | indiaquotient.in | Mumbai, India | |
Investments in consumer tech sectors are managed by Goodwater Capital. | goodwatercap.com | Burlingame, United States | ||
Tech focused VC firm investing in seed stage startups in the UK | firestartr.co | London, United Kingdom | ||
Acceleration is provided to startups across multiple sectors by Surge. | surgeahead.com | |||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
Limited information available | 2021 | brcca.co.in | Kolkata, India | |
MF Mohd Farid Ahsan | unknown_5ba8a0673d99410e8 | |||
BP Bhanu Pratap Singh | unknown_cf5e557319694bcab |
Investor details for Flynote
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Board of directors of Clayo Technologies Private Limited (Flynote)
Clayo Technologies Private Limited is the primary company behind Flynote. The board of Clayo Technologies Private Limited currently have 4 directors; the longest-serving is Abhinav Prakash, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhinav Prakash DIN 07563834 | Director | 21 Dec 2016 | 9 yrs 10 mo | Clayo Technologies Private Limited |
| Ankitabhishek DIN 07680237 | Director | 21 Dec 2016 | 9 yrs 10 mo | Clayo Technologies Private Limited |
| Shukant DIN 07138431 | Director | 19 Mar 2019 | 7 yrs 7 mo | Clayo Technologies Private Limited |
| Parth Pratik DIN 07532765 | Director | 19 Mar 2019 | 7 yrs 7 mo | Clayo Technologies Private Limited |
People of Flynote
3 people are tracked at Flynote (3 in leadership); the tracked headcount is 28.
| Name | Role | Group |
|---|---|---|
Shukant Agrawal | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Flynote
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Flynote
Figures of Clayo Technologies Private Limited, the primary company behind Flynote, for FY 2024. Revenue was ₹2.40 Cr (+40% year on year). Net loss was -₹10.14 Cr. EBITDA was -₹4.37 Cr (-182% margin). Revenue has grown at a compounded annual rate of +33% over three years and +19% over five years.
- ₹2.40 CrRevenue · FY 2024 · +40% YoY
- -₹10.14 CrNet loss
- -₹4.37 CrEBITDA · -182% margin
- ₹13.1 LakhPaid-up capital
- 28Employees (provident fund records)
- +33%Revenue CAGR, 3 years
- +19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Clayo Technologies Private Limited are on its company page.
Detailed financial statements for Flynote
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Flynote
4 dated milestones of Flynote across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Flynote is founded.
- Funding First funding round of $2.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $72K.
Competitors of Flynote
Flynote has 3 listed competitors in our database, 3 of them funded. They include PickYourTrail, TripHobo and WeAreHolidays.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pickyourtrail.com | 2014 | Chennai, India | $4.46M | 270 | Personalized holiday packages are booked online via category-based platform. | |
| triphobo.com | 2012 | Pune, India | $6.73M | 13 | Provider of a travel planning platform that enables users to create personalized itineraries and book travel arrangements, utilizing a vast repository of user-generated trip plans and Crowd-sourced travel content | |
| weareholidays.com | 2012 | Gurugram, India | $2.7M | 4 | Online AI based platform for holiday recommendation and itinerary planning |
Detailed competitors of Flynote
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Web traffic of Flynote
The website of Flynote (flynote.com) receives about 20K visits a month.
- Monthly visits20K
▲ 165.8% vs previous month
Websites whose visitors overlap most with Flynote. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
web.up.ac.za | web.up.ac.za | 100% | – | ||
blimpinfo.com | blimpinfo.com | 96% | #5,747,980 | – | |
flynoteproductions.com | flynoteproductions.com | 69% | – |
Top companies in Online Travel
3 companies that operate in the same segment as Flynote (Online Travel) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 |
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Related news about Flynote
Complete news archive for Flynote
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Frequently Asked Questions about Flynote
Flynote was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Flynote is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Flynote is a funded company, having raised a total of $6.75M across 7 funding rounds to date. The company's 1st funding round was a Seed of $2.24M, raised on Apr 2019.
Flynote has 28 employees.
The primary company behind Flynote, Clayo Technologies Private Limited, reported revenue of ₹2.40 Cr for FY 2024, up 40% year on year.
Flynote was founded in 2016 and is based in Bengaluru, India. An online platform for the travel sector is operated, where holiday tour packages can be searched and customized. Destinations are selected by users, along with details such as preferred dates, locations, user information, and payment options. Trip planning and booking services are provided to facilitate organized travel arrangements.
Flynote's top competitors include PickYourTrail, TripHobo and WeAreHolidays.
Flynote offers Travel Packages, Itineraries, and Expert Consultations.
Flynote has 19 investors. Key investors include LetsVenture, India Quotient, BRCCA Services, Surge Ventures, and Goodwater Capital.
The valuation of Flynote is $9.05M as of Sep 2022.
Flynote operates through Clayo Technologies Private Limited.
The legal entities of Flynote currently have 4 directors, including Shukant, Abhinav Prakash, Ankitabhishek and others.