About Goibibo
Goibibo is a company based in Gurugram (India) founded in 2007 was acquired by MakeMyTrip in October 2016. Goibibo has raised $250.05 million across 2 funding rounds from investors including MakeMyTrip, Naspers and Tencent. The company has 842 employees as of April 03, 2024. Goibibo operates in a competitive market with competitors including MakeMyTrip, Despegar, Traveloka, Priceline and Lastminute, among others.
- Headquarter Gurugram, India
- Employees 842 as on 03 Apr, 2024
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Sectors
Travel & Hospitality
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Phone
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Website
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Social
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- Legal Name Redbus India Private Limited
- Date of Incorporation 23 Mar, 2012
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$72.82 M (USD)-20.28as on Mar 31, 2023
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Net Profit
$1.54 M (USD)79.19as on Mar 31, 2023
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EBITDA
$6.29 M (USD)971.93as on Mar 31, 2023
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Total Equity Funding
$250.05 M (USD)
in 2 rounds
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Latest Funding Round
$250 M (USD), Series D
Feb 24, 2016
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Investors
MakeMyTrip
& 2 more
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Employee Count
842
as on Apr 03, 2024
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Acquired by
MakeMyTrip
(Oct 01, 2016)
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People of Goibibo
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Funding Insights of Goibibo
Goibibo has successfully raised a total of $250.05M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $250 million completed in February 2016. 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 Goibibo
Goibibo has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include MakeMyTrip, Naspers and Tencent.
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Online bookings for flights, hotels, and travel packages are facilitated.
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Investor details for Goibibo
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Investments & Acquisitions by Goibibo
Investment portfolio details for Goibibo
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Financial Statements - Goibibo
Detailed financials for Goibibo
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Goibibo Comparisons
Peer comparison for Goibibo
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Competitors of Goibibo
Goibibo 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 MakeMyTrip, Despegar, Traveloka, Priceline and Lastminute, among others.
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Online bookings for flights, hotels, and travel packages are facilitated.
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Multiple travel services are booked via an app-based platform.
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Multiple travel services are booked via an app-based platform.
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Travel services are booked via an AI-powered platform.
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Last-minute bookings for travel and entertainment are facilitated online.
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Online platform providing multiple travel booking services
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Detailed competitors of Goibibo
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Latest news on Goibibo
Complete news archive for Goibibo
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Frequently Asked Questions about Goibibo
Goibibo was founded in 2007.
Goibibo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Goibibo is a funded company, having raised a total of $250.05M across 2 funding rounds to date.
As of Apr 03, 2024, the latest employee count at Goibibo is 842.
Annual revenue of Goibibo is $72.82M as on Mar 31, 2023.
Goibibo offers an online booking platfrom that enables users to search for and book flights (both domestic and international), hotel bookings, holiday packages for both Indian and international travels, bus bookings. Along with the web platform, it offers a mobile application giving the same set of features for travel bookings. Also offers various flight travel and holiday offers along with a travel guide for Indian locations. Has been ranked first in terms of hotel booking volume by Morgan Stanley in Jan, 2016. Claims to have crossed 1.6M room nights for the period Oct to Dec 2015 growing by 400 per cent YoY. Goibibo is a part of ibibo group, an E-commerce and online transactions organization owning travel, payments, marketplaces and auto classifieds platforms. ibibo group is owned by Naspers, a South African media conglomerate that has invested 10M in ibibo. Ibibo group acquired redbus.in, an online bus ticketing portal in 2013. Rolled out travel social network on its mobile app titled GoContacts in June 2016.
Goibibo's top competitors include MakeMyTrip, Ixigo and Despegar.
Goibibo has 3 investors. Key investors include MakeMyTrip, Naspers, and Tencent.