About HighwayDelite
HighwayDelite is an Industrial Goods & Manufacturing company based in Bengaluru (India) founded in 2014 by Neha Ghatanatti. Provider of an app-based location tracking platform. It operates in the Industrial Goods & Manufacturing, Technology, and Travel & Hospitality sectors. The company has 32 employees. Its chief executive, as recorded, is Shouvik Roy. Its website highwaydelite.com draws about 50 thousand monthly visits. Its Indian entity Param People Infotech Solutions Private Limited reported revenue of ₹16.25 Cr. Its focus areas include High Tech, Geographic Information Systems, Positioning & Navigation and Navigation. Its competitors include Magnasoft, SatNav and VidTeq; 1 of its 3 listed competitors has raised funding.
Company details
HighwayDelite was established in 2014 in Bengaluru, India, within the travel technology sector. An online platform is offered through a mobile app for tracking locations on highways, assisting commuters with navigation. Emergency support and travel offers are also provided to users. The app operates on Android and iOS devices, serving travelers in the region.
- Headquarters Bengaluru, India
- Employees 32
- Founders Neha Ghatanatti
- SectorsIndustrial Goods & ManufacturingTechnology Travel & Hospitality Transportation, Automotive & Logistics
- Website category Finance · Banking Credit and Lending
- Email••••••••
- Phone•••• ••••
- Website highwaydelite.com
- Social LinkedIn X Facebook
- Legal Name Param People Infotech Solutions Private Limited
- Date of Incorporation 28 May, 2015
- Jurisdiction Mysore, Karnataka, India
- Annual Revenue₹16.25 Cr
FY 2024 · -29% YoY
- Net Profit₹67.8 Lakh
FY 2024 · 4% margin
- EBITDA₹1.24 Cr
FY 2024 · 8% margin
- InvestorsNSRCEL
& 2 more
- Employee Count32
Associated legal entities of HighwayDelite
HighwayDelite operates through Param People Infotech Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Param People Infotech Solutions Private Limited CIN U74900KA2015PTC080586 | Active | 28 May 2015 | Mysore, Karnataka | ₹16.2 Cr | 32 | 2 | View details |
Funding Insights of HighwayDelite
- Total Rounds 3
- Investors Count 3
All 3 funding rounds of HighwayDelite with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2017 | Seed | – | – | ||
| Sep 2016 | $52,392 | Grant | – | – | |
| Apr 2016 | Angel Round | – | – |
3 investors in total: 3 institutional.
Investors in HighwayDelite
HighwayDelite has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include NSRCEL, Startup Karnataka and Mobile10x.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mobile app incubation and developer community services are provided in India. | 2015 | mobile10x.in | Bengaluru, India | |
Incubation and support services for startups in technology, innovation, and social impact in India. | 2000 | nsrcel.org | Bengaluru, India | |
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India |
Investor details for HighwayDelite
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Board of directors of Param People Infotech Solutions Private Limited (HighwayDelite)
Param People Infotech Solutions Private Limited is the primary company behind HighwayDelite. The board of Param People Infotech Solutions Private Limited currently have 2 directors; the longest-serving is Rajesh Ghatanatti, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajesh Ghatanatti DIN 07154787 | Director | 28 May 2015 | 11 yrs 5 mo | Param People Infotech Solutions Private Limited |
| Parappa Jalappa Ghatanatti DIN 07877644 | Director | 26 Jun 2017 | 9 yrs 4 mo | Param People Infotech Solutions Private Limited |
People of HighwayDelite
2 people are tracked at HighwayDelite (2 in leadership); the tracked headcount is 32.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Shouvik Roy | CEO | Leadership |
Complete people profiles for HighwayDelite
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Financials of HighwayDelite
Figures of Param People Infotech Solutions Private Limited, the primary company behind HighwayDelite, for FY 2024. Revenue was ₹16.25 Cr (-29% year on year). Net profit was ₹67.8 Lakh (4% margin). EBITDA was ₹1.24 Cr (8% margin). Revenue has grown at a compounded annual rate of +121% over three years and +102% over five years.
- ₹16.25 CrRevenue · FY 2024 · -29% YoY
- ₹67.8 LakhNet profit · 4% margin
- ₹1.24 CrEBITDA · 8% margin
- ₹1 LakhPaid-up capital
- 32Employees (provident fund records)
- +121%Revenue CAGR, 3 years
- +102%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Param People Infotech Solutions Private Limited are on its company page.
Detailed financial statements for HighwayDelite
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of HighwayDelite
3 dated milestones of HighwayDelite across 3 years, from founding to its latest funding, stage changes and deals.
- Founded HighwayDelite is founded.
- Funding First funding round.
- Funding Latest funding round, Seed,.
Competitors of HighwayDelite
HighwayDelite has 3 listed competitors in our database, 1 of them funded. They include Magnasoft, SatNav and VidTeq.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| magnasoft.com | 2000 | Bengaluru, India | 639 | Technology for smart wearables, mobile, IoT & cloud services | ||
| satnavtech.com | 2000 | Hyderabad, India | 33 | Cloud-based software is utilized for facility management operations. | ||
| vidteq.com | 2008 | Bengaluru, India | $360,183 | 550 | Video-based navigation and location solutions are provided by VidTeq. |
Detailed competitors of HighwayDelite
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- Full competitor set
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Web traffic of HighwayDelite
The website of HighwayDelite (highwaydelite.com) receives about 49.6K visits a month and ranks #616,006 among all websites worldwide, #7,790 in Banking Credit and Lending.
- Monthly visits49.6K
▲ 15% vs previous month
- Unique visitors17.3K
per month
- Global rank#616,006
among all websites
- Category rank#7,790
Finance · Banking Credit and Lending
- Bounce rate46%
- Pages per visit3.6
- Average visit6 min 55 sec
- DevicesDesktop 6% · Mobile 94%
Websites whose visitors overlap most with HighwayDelite. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bolt.earth | 100% | 50.2K | #604,299 | View details |
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Related news about Highwaydelite
Complete news archive for HighwayDelite
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Frequently Asked Questions about HighwayDelite
HighwayDelite was founded in 2014 and raised its 1st funding round 2 years after it was founded.
HighwayDelite is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shouvik Roy is the CEO of HighwayDelite, as recorded in our data.
HighwayDelite has 32 employees.
The primary company behind HighwayDelite, Param People Infotech Solutions Private Limited, reported revenue of ₹16.25 Cr for FY 2024, down 29% year on year.
HighwayDelite was established in 2014 in Bengaluru, India, within the travel technology sector. An online platform is offered through a mobile app for tracking locations on highways, assisting commuters with navigation. Emergency support and travel offers are also provided to users. The app operates on Android and iOS devices, serving travelers in the region.
HighwayDelite has 3 investors. Key investors include NSRCEL, Startup Karnataka, and Mobile10x.
HighwayDelite operates through Param People Infotech Solutions Private Limited.
The legal entities of HighwayDelite currently have 2 directors, including Parappa Jalappa Ghatanatti, Rajesh Ghatanatti.