About Goibibo
Goibibo is a company based in Gurugram (India) founded in 2007 was acquired by MakeMyTrip in October 2016.. Goibibo has raised $50 thousand across 1 funding round from investors including MakeMyTrip. 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
$50 K (USD)
in 1 rounds
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Latest Funding Round
$50 K (USD), Seed
Jun 01, 2007
- Investors
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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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Funding Insights of Goibibo
Goibibo has successfully raised a total of $50K through 1 strategic funding round. The most recent funding activity was a Seed round of $50 thousand completed in June 2007. 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 — $50,000
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First Round
First Round
(01 Jun 2007)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2007 | Amount | Seed - Goibibo | Valuation |
investors |
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| 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 Goibibo
Goibibo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MakeMyTrip. 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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Online bookings for flights, hotels, and travel packages are facilitated.
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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 Goibibo
| 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 - Goibibo
| 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 |
Goibibo Comparisons
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. 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 |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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| domain | founded_year | HQ Location |
Online platform providing multiple travel booking services
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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 Goibibo
Frequently Asked Questions about Goibibo
When was Goibibo founded?
Goibibo was founded in 2007.
Where is Goibibo located?
Goibibo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Goibibo a funded company?
Goibibo is a funded company, having raised a total of $50K across 1 funding round to date. The company's 1st funding round was a Seed of $50K, raised on Jun 01, 2007.
How many employees does Goibibo have?
As of Apr 03, 2024, the latest employee count at Goibibo is 842.
What is the annual revenue of Goibibo?
Annual revenue of Goibibo is $72.82M as on Mar 31, 2023.
What does Goibibo do?
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.
Who are the top competitors of Goibibo?
Goibibo's top competitors include MakeMyTrip, Ixigo and Despegar.
Who are Goibibo's investors?
Goibibo has 1 investor. Key investors include MakeMyTrip.
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