About Happay
Happay is a company based in Bengaluru (India) founded in 2012 was acquired by MakeMyTrip in November 2024. Happay has raised $22.35 million across 7 funding rounds from investors including MakeMyTrip, CRED and Times Internet. The company has 2,533 employees as of September 21, 2025. Happay offers products and services including Expense Management, Travel Management, Prepaid Cards, Analytics, and Mobile App. Happay operates in a competitive market with competitors including Zaggle, Sodexo, Concur, Fyle and Karbon, among others.
- Headquarter Bengaluru, India
- Employees 2533 as on 21 Sep, 2025
- Stage Minicorn
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Sectors
TechnologyTravel & Hospitality Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Makemytrip (India) Private Limited
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$641.4 M (USD)35.16as on Mar 31, 2024
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Net Profit
$183.52 M (USD)1845.21as on Mar 31, 2024
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EBITDA
$74.39 M (USD)183.56as on Mar 31, 2024
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Total Equity Funding
$22.35 M (USD)
in 7 rounds
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Latest Funding Round
$788.16 K (USD), Series B
Apr 21, 2020
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Investors
MakeMyTrip
& 11 more
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Employee Count
2533
as on Sep 21, 2025
- Acquired by
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Products & Services of Happay
Happay offers a comprehensive portfolio of products and services, including Expense Management, Travel Management, Prepaid Cards, Analytics, and Mobile App.
Automates expense capture, approvals, and reimbursements for enterprises.
Enables self-booking of flights, hotels, and cabs with policy compliance.
Offers secure cards for corporate spend control and cashless transactions.
Provides insights into travel and expense data for decision-making.
Allows on-the-go access to travel and expense management features.
People of Happay
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Funding Insights of Happay
Happay has successfully raised a total of $22.35M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $788.16 thousand completed in April 2020. 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 Happay
Happay has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include MakeMyTrip, CRED and Times Internet.
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Venture debt funding and structured finance for innovative startups in India.
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Venture capital fund focused on making growth equity investments across tech startups
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Venture capital firm investing in startups and providing support programs.
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Investor details for Happay
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Happay
Investment portfolio details for Happay
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- Portfolio identities
- Transaction dates
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Financial Statements - Happay
Detailed financials for Happay
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- Profit trends
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Happay Comparisons
Peer comparison for Happay
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Happay
Happay 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 Zaggle, Sodexo, Concur, Fyle and Karbon, among others.
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Business spends, payments, and rewards are streamlined by automated workflows.
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Employee benefits payment cards are provided via an online platform.
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Corporate travel expenses and invoices are managed via SaaS platform.
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Cloud-based expense management is provided for business travelers.
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International payment and corporate expense solutions are offered to businesses.
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Payment and corporate financial cards are provided digitally by Jeeves.
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Detailed competitors of Happay
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Happay
Complete news archive for Happay
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Frequently Asked Questions about Happay
Happay was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Happay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Happay is a funded company, having raised a total of $22.35M across 7 funding rounds to date.
As of Sep 21, 2025, the latest employee count at Happay is 2,533.
Annual revenue of Happay is $641.4M as on Mar 31, 2024.
Happay was founded in 2012 in Bengaluru, India, within the fintech sector. Expense management software and corporate cards are provided for business operations. Features encompass tracking of fleet activities, invoice approvals, payment monitoring, account payables automation, cash flow oversight, and expenditure tracking. Prepaid and credit card options are available, alongside a platform for employee travel bookings.
Happay offers Expense Management, Travel Management, Prepaid Cards, Analytics, and Mobile App.
Happay has 12 investors. Key investors include MakeMyTrip, CRED, Times Internet, Peak XV Partners, and Alteria Capital.
The valuation of Happay is $141.25M as of May 2019.