About Ibibo Group
Ibibo Group is a company based in Gurugram (India) founded in 2007 was acquired by MakeMyTrip in October 2016.. Ibibo Group has raised $250 million across 1 funding round from investors including MakeMyTrip, Tencent and Naspers. The company has 3,145 employees as of October 31, 2024. Ibibo Group has completed 3 acquisitions, including Gaadi, YourBus and redBus. Ibibo Group operates in a competitive market with competitors including MakeMyTrip, Ixigo, Despegar, Traveloka and Priceline, among others.
- Headquarter Gurugram, India
- Employees 3145 as on 31 Oct, 2024
-
Sectors
Travel & Hospitality
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$663.27 M (USD)35as on Mar 31, 2024
-
Net Profit
$189.62 M (USD)1860as on Mar 31, 2024
-
EBITDA
$95.57 M (USD)182as on Mar 31, 2024
-
Total Equity Funding
$250 M (USD)
in 1 rounds
-
Latest Funding Round
$250 M (USD), Private Equity Round
Feb 24, 2016
-
Investors
MakeMyTrip
& 2 more
-
Employee Count
3145
as on Oct 31, 2024
-
Investments & Acquisitions
Gaadi
& 2 more
-
Acquired by
MakeMyTrip
(Oct 19, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Ibibo Group
Ibibo Group has successfully raised a total of $250M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $250 million completed in February 2016. 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 — $250.0M
-
First Round
First Round
(24 Feb 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Private Equity Round - Ibibo Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ibibo Group
Ibibo Group has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include MakeMyTrip, Tencent and Naspers. 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 |
|---|---|---|---|---|
|
Global investments in early and growth-stage tech firms are conducted.
|
Founded Year | Domain | Location | |
|
Value-added internet, mobile, and telecom services are provided in China.
|
Founded Year | Domain | Location | |
|
Online bookings for flights, hotels, and travel packages are facilitated.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Ibibo Group
Ibibo Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Gaadi, YourBus and redBus. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Real-time bus tracking and passenger updates are provided via GPS.
|
2011 | ||||
|
Cars and bikes are searched, compared, and classified online.
|
2008 | ||||
|
Bus tickets are booked online via portal and mobile app.
|
2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Ibibo Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ibibo Group Comparisons
Competitors of Ibibo Group
Ibibo Group 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, Ixigo, Despegar, Traveloka and Priceline, 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.
|
|
| domain | founded_year | HQ Location |
Online platform providing multiple travel booking services
|
|
| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
|
|
| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ibibo Group
Frequently Asked Questions about Ibibo Group
When was Ibibo Group founded?
Ibibo Group was founded in 2007 and raised its 1st funding round 9 years after it was founded.
Where is Ibibo Group located?
Ibibo Group is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Ibibo Group a funded company?
Ibibo Group is a funded company, having raised a total of $250M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $250M, raised on Feb 24, 2016.
How many employees does Ibibo Group have?
As of Oct 31, 2024, the latest employee count at Ibibo Group is 3,145.
What is the annual revenue of Ibibo Group?
Annual revenue of Ibibo Group is $663.27M as on Mar 31, 2024.
What does Ibibo Group do?
Ibibo Group, owned by Naspers subsidiary, MIH Global Internet, is an online travel company with offerings across multiple travel verticals. Started as a social networking website. Partnered with QQ, a Chinese messaging and communication tool. Pivoted to become an online gaming platform with 2M active users on the database. Naspers acquired e-commerce site, Tradus in 2008 which facilitated Ibibos venture into online retail. Ibibo launched PayU and goIbibo in 2011. Acquired Gaadi.com from Accentium Web for 2M in 2011. Later acquired redBus (2013), TravelBoutiqueOnline (2012) and YourBus (2014). Started a ride-sharing platform called Ryde in 2015. Received 250M in funding from Naspers in Feb 2016, increasing its stake to 90 per cent. Merged with the MakeMyTrip in Oct16 for an amount of 720M.
Who are the top competitors of Ibibo Group?
Ibibo Group's top competitors include MakeMyTrip, Ixigo and Despegar.
How many acquisitions has Ibibo Group made?
Who are Ibibo Group's investors?
Ibibo Group has 3 investors. Key investors include MakeMyTrip, Tencent, and Naspers.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.