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 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.
Investors in Goomo
Goomo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Emerging India Value Advisory.
| 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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Locked | Locked | Locked |
Investor details for Goomo
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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.
Investment portfolio details for Goomo
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| 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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Locked | Locked | 2016 | Locked | |
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Customized travel itineraries are created and bookings are facilitated online.
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Locked | Locked | 2015 | Locked |
Complete acquisition details for Goomo
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Goomo
Detailed financials for Goomo
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- Historical revenue
- Profit trends
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Goomo Comparisons
Peer comparison for Goomo
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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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 Goomo
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Latest news on Goomo
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.
As of Feb 28, 2023, the latest employee count at Goomo is 181.
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 Despegar.
Goomo has 1 investor. Key investors include Emerging India Value Advisory.