About Flynote
Flynote is a company based in Bengaluru (India) founded in 2016 by Shukant Agrawal, Abhinav Prakash, and Ankit Abhishek.. Flynote has raised $6.75 million across 7 funding rounds from investors including LetsVenture, India Quotient and BRCCA Services. The company has 28 employees as of September 20, 2024. Flynote offers products and services including Travel Packages, Itineraries, and Expert Consultations. Flynote operates in a competitive market with competitors including PickYourTrail, TripHobo, WeAreHolidays, Nivalink and Myoksha, among others.
- Headquarter Bengaluru, India
- Employees 28 as on 20 Sep, 2024
- Founders Shukant Agrawal, Abhinav Prakash, Ankit Abhishek
- Stage Minicorn
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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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- Legal Name Clayo Technologies Private Limited
- Date of Incorporation 21 Dec, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$205.24 K (USD)4.98as on Mar 31, 2023
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Net Profit
$-1.22 M (USD)-89.58as on Mar 31, 2023
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EBITDA
$-1.16 M (USD)-93.87as on Mar 31, 2023
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Total Equity Funding
$6.75 M (USD)
in 7 rounds
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Latest Funding Round
$72.31 K (USD), Angel Round
Aug 31, 2024
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Investors
LetsVenture
& 18 more
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Employee Count
28
as on Sep 20, 2024
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Products & Services of Flynote
Flynote offers a comprehensive portfolio of products and services, including Travel Packages, Itineraries, and Expert Consultations. 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.
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 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 Total Funding
- Total Rounds 7
- Last Round Angel Round — $72,306
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First Round
First Round
(05 Apr 2019)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Angel Round - Flynote | Valuation | Sushil Mehta , Dhruv Sarin | |
| Jan, 2024 | Amount | Seed - Flynote | Valuation | Surge Ventures |
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| Sep, 2022 | Amount | Seed - Flynote | Valuation | LetsVenture |
| 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 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. 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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Venture capital services are extended to early-stage startups.
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Founded Year | Domain | Location | |
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Investment in Indian startups across technology and fintech sectors.
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Founded Year | Domain | Location | |
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Investments in consumer tech sectors are managed by Goodwater Capital.
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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 Flynote
| 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 - Flynote
| 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 |
Flynote Comparisons
Competitors of Flynote
Flynote 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 PickYourTrail, TripHobo, WeAreHolidays, Nivalink and Myoksha, 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 |
Personalized holiday packages are booked online via category-based platform.
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| domain | founded_year | HQ Location |
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
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| domain | founded_year | HQ Location |
Online AI based platform for holiday recommendation and itinerary planning
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| domain | founded_year | HQ Location |
Personalized holiday packages are discovered and booked online.
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| domain | founded_year | HQ Location |
Personalized spiritual itineraries are created through an online platform.
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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 Flynote
Frequently Asked Questions about Flynote
When was Flynote founded?
Flynote was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Flynote located?
Flynote is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Flynote a funded company?
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 $1.52M, raised on Apr 05, 2019.
How many employees does Flynote have?
As of Sep 20, 2024, the latest employee count at Flynote is 28.
What is the annual revenue of Flynote?
Annual revenue of Flynote is $205.24K as on Mar 31, 2023.
What does Flynote do?
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.
Who are the top competitors of Flynote?
Flynote's top competitors include PickYourTrail, TripHobo and WeAreHolidays.
What products or services does Flynote offer?
Flynote offers Travel Packages, Itineraries, and Expert Consultations.
Who are Flynote's investors?
Flynote has 19 investors. Key investors include LetsVenture, India Quotient, BRCCA Services, Surge Ventures, and Goodwater Capital.
What is Flynote's valuation?
The valuation of Flynote is $9.05M as of Sep 2022.