Goomo

Mumbai, India Founded: 2006 • Age: 20 yrs
Multiple travel services are booked online via the platform.

About Goomo

Goomo is a Travel & Hospitality company based in Mumbai (India) founded in 2006. Multiple travel services are booked online via the platform. Goomo has raised $50 million across 1 funding round from investors including Emerging India Value Advisory. The company has 181 employees. Goomo has completed 2 acquisitions, including WagonBee and Zopky. Its focus areas include Consumer, Online Travel, Horizontal and Online Agency. Its competitors include MakeMyTrip, Ixigo and Cleartrip; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Mumbai, India
  • Employees 181
  • Sectors
    Travel & Hospitality
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website goomo.com
  • Social LinkedIn Facebook
Operational Areas
Key Metrics
  • Annual Revenue
    $31.81 M (USD)
    -88
    as on Dec 31, 2021
  • Net Profit
    $18.47 M (USD)
    223
    as on Dec 31, 2021
  • EBITDA
    $5.05 M (USD)
    -98
    as on Dec 31, 2021
  • Total Equity Funding
    $50M (USD)

    in 1 rounds

  • Latest Funding Round
    $50M (USD), Private Equity Round

    Jun 2017

  • Investors
  • Employee Count
    181
  • Investments & Acquisitions
    WagonBee

    & 1 more

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 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 $50M
  • Total Rounds 1
  • Last Round Private Equity Round β€” $50M
  • First Round $50M

    (Jun 2017)

  • Investors Count 1

All 1 funding rounds of Goomo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2017$50MPrivate Equity Round–Emerging India Value Advisory
–
Valuation history

1 investors in total: 1 institutional.

Investors in Goomo

Goomo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Emerging India Value Advisory.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Financial advisory services in investment and corporate finance are delivered by EIVA.
2007eiva.inFaridabad, India
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Investor details for Goomo

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Board of directors of Goomo

The boards of the 2 registered companies of Goomo currently have 3 directors; the longest-serving is Sufail Husain, appointed in 2021. 21 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sufail Husain
DIN 09278650
Director16 Aug 20215 yrs 2 moGoomo Leisure Solutions Private Limited
Bharat Shah
DIN 09695151
Director05 Aug 20224 yrs 3 moGoomo Leisure Solutions Private Limited, Goomo Holdings Services India Private Limited
Manojkumar Jha
DIN 10596216
Additional Director18 Apr 20242 yrs 6 moGoomo Holdings Services India Private Limited

Financials of Goomo

Figures of Goomo Leisure Solutions Private Limited, the primary company behind Goomo, for FY 2022. Revenue was ₹1.3 Lakh (-99% year on year). Net loss was -₹1.2 Lakh (-95% margin). EBITDA was -₹2.3 Lakh (-180% margin). Revenue has grown at a compounded annual rate of -71% over three years.

  • ₹1.3 LakhRevenue · FY 2022 · -99% YoY
  • -₹1.2 LakhNet loss · -95% margin
  • -₹2.3 LakhEBITDA · -180% margin
  • ₹1 LakhPaid-up capital
  • 21Employees (provident fund records)
  • -71%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Goomo Leisure Solutions Private Limited are on its company page.

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Detailed financial statements for Goomo

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by Goomo

Goomo has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include WagonBee and Zopky.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Vehicle suppliers and travel agencies are linked via B2B marketplace.
wagonbee.comNoida, India2016Jan 2018β€’β€’β€’β€’
Customized travel itineraries are created and bookings are facilitated online.
zopky.comMumbai, India2015Jun 2016β€’β€’β€’β€’
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Complete acquisition details for Goomo

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  • Exports

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Timeline of Goomo

4 dated milestones of Goomo across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Goomo is founded.
  2. Acquisition Acquires Zopky.
  3. Funding First funding round of $50.0M.
  4. Acquisition Acquires WagonBee.

Competitors of Goomo

Goomo has 3 listed competitors in our database, 3 of them funded. They include MakeMyTrip, Ixigo and Cleartrip.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
makemytrip.com2000Gurugram, India$39M4,579
Online bookings for flights, hotels, and travel packages are facilitated.
ixigo.com2007Gurugram, India$96.62M535
Online platform providing multiple travel booking services
cleartrip.com2005Bengaluru, India$69.5M1,168
App-based platform for booking multiple categories of travel services
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Detailed competitors of Goomo

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Verified entity values are shown only after access is granted.

Web traffic of Goomo

Websites that share an audience with Goomo (goomo.com).

Similar websites

Websites whose visitors overlap most with Goomo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
sarasanoyu.com
sarasanoyu.com
100%
#1,270,997–

Top companies in Online Travel

3 companies that operate in the same segment as Goomo (Online Travel) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online bookings for flights, hotels, and travel packages are facilitated.
2000Gurugram, Haryana, IndiaUSD 39 MUSD 1.04 B399
Online platform providing multiple travel booking services
2007Gurugram, Haryana, IndiaUSD 96.62 MUSD 130.88 M465
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M425
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Related news about Goomo

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Complete news archive for Goomo

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Frequently Asked Questions about Goomo

Goomo was founded in 2006 and raised its 1st funding round 11 years after it was founded.

Goomo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

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 2017.

Goomo has 181 employees.

Annual revenue of Goomo is $31.81M as on Dec 31, 2021.

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.

Goomo's top competitors include MakeMyTrip, Ixigo and Cleartrip.

Goomo has made 2 acquisitions, including WagonBee, and Zopky.

Goomo has 1 investor. Key investors include Emerging India Value Advisory.

Goomo is associated with 2 legal entities: Goomo Leisure Solutions Private Limited, Goomo Holdings Services India Private Limited.

The legal entities of Goomo currently have 3 directors, including Bharat Shah, Sufail Husain, Manojkumar Jha.

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