About Goomo
Goomo is a company based in Mumbai (India) founded in 2006.. Goomo has raised $50 million across 1 funding round from investors including Emerging India Value Advisory. The company has 181 employees as of February 28, 2023. Goomo has completed 2 acquisitions, including WagonBee and Zopky. Goomo operates in a competitive market with competitors including MakeMyTrip, Despegar, Traveloka, Priceline and Lastminute, among others.
- Headquarter Mumbai, India
- Employees 181 as on 28 Feb, 2023
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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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Annual Revenue
$31.81 M (USD)-88as on Dec 31, 2021
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Net Profit
$18.47 M (USD)223as on Dec 31, 2021
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EBITDA
$5.05 M (USD)-98as on Dec 31, 2021
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Total Equity Funding
$50 M (USD)
in 1 rounds
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Latest Funding Round
$50 M (USD), Private Equity Round
Jun 05, 2017
- Investors
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Employee Count
181
as on Feb 28, 2023
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Investments & Acquisitions
WagonBee
& 1 more
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Funding Insights of Goomo
Goomo has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $50 million completed in June 2017. 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 Private Equity Round — $50.0M
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First Round
First Round
(05 Jun 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Private Equity Round - Goomo | Valuation | Emerging India Value Advisory |
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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 Goomo
Goomo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Emerging India Value Advisory. 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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Financial advisory services in investment and corporate finance are delivered by EIVA.
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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 Goomo
Goomo has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include WagonBee and Zopky. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Vehicle suppliers and travel agencies are linked via B2B marketplace.
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2016 | ||||
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Customized travel itineraries are created and bookings are facilitated online.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Goomo
| 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 |
Goomo Comparisons
Competitors of Goomo
Goomo 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 Goomo
Frequently Asked Questions about Goomo
When was Goomo founded?
Goomo was founded in 2006 and raised its 1st funding round 11 years after it was founded.
Where is Goomo located?
Goomo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Goomo a funded company?
Goomo is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $50M, raised on Jun 05, 2017.
How many employees does Goomo have?
As of Feb 28, 2023, the latest employee count at Goomo is 181.
What is the annual revenue of Goomo?
Annual revenue of Goomo is $31.81M as on Dec 31, 2021.
What does Goomo do?
Goomo was founded in 2006 in Mumbai, India, as an online platform for travel bookings. Services offered include flights, hotel accommodations, and holiday packages, with payments processed digitally. Operations focus on enabling travelers to discover and reserve options through the website, primarily serving users in the travel sector across India and beyond.
Who are the top competitors of Goomo?
Goomo's top competitors include MakeMyTrip, Ixigo and Despegar.
Who are Goomo's investors?
Goomo has 1 investor. Key investors include Emerging India Value Advisory.
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