About Flyzy
Flyzy is a company based in Gandhinagar (India) founded in 2019 by Hansraj Patel, Deepak Meena, and Arjit Singh.. Flyzy has raised $77.36 thousand across 2 funding rounds from investors including Balmer Lawrie & Co., Marla Veerbhadra Shastry and Sonia Moses. Flyzy offers products and services including Global Distribution System, Travel Agency Software, and Business Travel Software. Flyzy operates in a competitive market with competitors including Faye, DragonPass, Priority Pass, Lounge Key and Flio, among others.
- Headquarter Gandhinagar, India
- Founders Hansraj Patel, Deepak Meena, Arjit Singh
- Stage Minicorn
-
Sectors
Travel & Hospitality
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ramprasad Meena Technologies Private Limited
- Date of Incorporation 31 Jan, 2020
- Jurisdiction Gandhinagar, Gujarat, India
-
Annual Revenue
$796.72 K (USD)4312.97as on Mar 31, 2023
-
Net Profit
$-17.59 K (USD)-1798.52as on Mar 31, 2023
-
EBITDA
$-15.23 K (USD)12.49as on Mar 31, 2023
-
Total Equity Funding
$77.36 K (USD)
in 2 rounds
-
Latest Funding Round
$32.64 K (USD), Seed
Mar 07, 2022
-
Investors
Balmer Lawrie & Co.
& 4 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Flyzy
Flyzy offers a comprehensive portfolio of products and services, including Global Distribution System, Travel Agency Software, and Business Travel Software. 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.
Connects users to travel options for flights and hotels with transparency.
Enables personalized travel bookings and expense tracking for agents.
Offers real-time monitoring and savings on corporate travel expenses.
Unlock access to complete
Unlock access to complete
Funding Insights of Flyzy
Flyzy has successfully raised a total of $77.36K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $32.64 thousand completed in March 2022. 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 Seed — $32,643
-
First Round
First Round
(29 Sep 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - Flyzy | Valuation | Balmer Lawrie & Co. |
|
| Sep, 2020 | Amount | Angel Round - Flyzy | Valuation | Sonia Moses |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Flyzy
Flyzy has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Balmer Lawrie & Co., Marla Veerbhadra Shastry and Sonia Moses. 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 |
|---|---|---|---|---|
|
Diversified operations are conducted across multiple sectors by the conglomerate.
|
Founded Year | Domain | Location | |
|
MV
Marla Veerbhadra Shastry |
-
|
Founded Year | Domain | Location |
|
SM
Sonia Moses |
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Flyzy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Flyzy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flyzy Comparisons
Competitors of Flyzy
Flyzy 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 Faye, DragonPass, Priority Pass, Lounge Key and Flio, 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 |
Travel insurance is provided through an app-based platform.
|
|
| domain | founded_year | HQ Location |
An all-in-one digital platform for travel amenities is provided.
|
|
| domain | founded_year | HQ Location |
Provides independent access to airport lounges for travelers worldwide.
|
|
| domain | founded_year | HQ Location |
Lounge Key is an online platform enabling travelers to access airport lounges.
|
|
| domain | founded_year | HQ Location |
Airline assistance for travelers is delivered through a mobile app.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Flyzy
Frequently Asked Questions about Flyzy
When was Flyzy founded?
Flyzy was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Flyzy located?
Flyzy is headquartered in Gandhinagar, India. It is registered at Gandhinagar, Gujarat, India.
Who is the current CEO of Flyzy?
Deepak Meena is the current CEO of Flyzy. They have also founded this company.
Is Flyzy a funded company?
Flyzy is a funded company, having raised a total of $77.36K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $44.72K, raised on Sep 29, 2020.
What is the annual revenue of Flyzy?
Annual revenue of Flyzy is $796.72K as on Mar 31, 2023.
What does Flyzy do?
Flyzy was founded in 2019 in Gandhinagar, India, operating in the travel technology sector. An app is offered for iOS and Android devices, enabling web check-ins, real-time flight updates, and services such as pre-ordering meals, booking airport lounges, and arranging cabs. Personalization of travel from origin to destination is facilitated for air passengers.
Who are the top competitors of Flyzy?
Flyzy's top competitors include Faye, DragonPass and Plaza Premium Lounge.
What products or services does Flyzy offer?
Flyzy offers Global Distribution System, Travel Agency Software, and Business Travel Software.
Who are Flyzy's investors?
Flyzy has 5 investors. Key investors include Balmer Lawrie & Co., Marla Veerbhadra Shastry, Sonia Moses, James Basumatary, and Sankalp Borthakur.
What is Flyzy's valuation?
The valuation of Flyzy is $1.09M as of Mar 2022.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.