Insteract

Bengaluru, India Founded: 2015 • Age: 11 yrs
Employee mobility is managed via a cloud-based corporate travel platform.
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Report Incorrect Data
Annual revenue $53,689 Latest available
Total funding $268,279 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Insteract

Insteract is a company based in Bengaluru (India) founded in 2015. Insteract has raised $268.28 thousand across 1 funding round from investors including TPF Software. Insteract operates in a competitive market with competitors including TravelPerk, Deem, Egencia, Tripeur and Spotnana, among others.

  • Headquarter Bengaluru, India
  • Stage Minicorn
  • Sectors
    Technology
    Travel & Hospitality
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Insteract Technologies Private Limited
  • Date of Incorporation 28 Oct, 2015
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions → Unlock Sub-Sector → Unlock Segment
Travel & Hospitality → Hospitality & Travel Technology → Unlock Sub-Sector → Unlock Segment
Key Metrics
  • Annual Revenue
    $53.69 K (USD)
    2844704.49
    as on Mar 31, 2022
  • Net Profit
    $39.45 K (USD)
    2370.07
    as on Mar 31, 2022
  • EBITDA
    -$13.72 K (USD)
    -1133.63
    as on Mar 31, 2022
  • Total Equity Funding
    $268.28 K (USD)

    in 1 rounds

  • Latest Funding Round
    $268.28 K (USD), Seed

    Sep 15, 2016

  • Investors
    TPF Software
  • Employee Count
    Not available
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Funding Insights of Insteract

Insteract has successfully raised a total of $268.28K through 1 strategic funding round. The most recent funding activity was a Seed round of $268.28 thousand completed in September 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.

Investors in Insteract

Insteract has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include TPF Software.

All
Institutional
Investor Description Founded Year Domain Location
TPF Software
Ramp information display systems are provided to airlines.
Locked Locked Locked
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Investor details for Insteract

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Investments & Acquisitions by Insteract

Investments
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Investment portfolio details for Insteract

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Financial Statements - Insteract

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Insteract Comparisons

Insteract Primary company
Description
Employee mobility is managed via a cloud-based corporate tra...
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
$53.69 K (USD)
Net Profit
$39.45 K (USD)
EBITDA
-$13.72 K (USD)
Employees
Not available
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Peer comparison for Insteract

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Competitors of Insteract

Insteract 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 TravelPerk, Deem, Egencia, Tripeur and Spotnana, among others.

Company Name Domain Founded year HQ Location Description
TravelPerk
Locked Locked Locked
SaaS-driven corporate travel management & booking engine platform
Deem
Locked Locked Locked
Provider of corporate travel management solutions
Egencia
Locked Locked Locked
Corporate travel solutions are offered to business travelers worldwide.
Tripeur
Locked Locked Locked
AI and cloud-driven corporate travel management solutions are provided.
Spotnana
Locked Locked Locked
SaaS API-based travel ecosystem and management solutions are offered.
Lanes & Planes
Locked Locked Locked
SaaS travel management is offered for business travelers' bookings.
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Detailed competitors of Insteract

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Latest news on Insteract

India’s Insteract aims to streamlines managed corporate travel
Tnooz • 8 years ago
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Complete news archive for Insteract

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Frequently Asked Questions about Insteract

Insteract was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Insteract is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Insteract is a funded company, having raised a total of $268.28K across 1 funding round to date.

Annual revenue of Insteract is $53.69K as on Mar 31, 2022.

Cloud-based platform for employee mobility management. It is a corporate travel management platform which provides a software which uses data analytics to help employees to make travel choices in compliance with the travel policies of the company. Savings, compliance and passenger experience can be managed based on business employee behaviour with the help of guidance template. It searches and displays top travel platforms like airlines, hotels, OTAs etc based on the score it provides complying companys guidelines. User can also compare multiple trip options based on fares benchmarks tracked.

Insteract's top competitors include TravelPerk, Egencia and Lanes & Planes.

Insteract has 1 investor. Key investors include TPF Software.

The valuation of Insteract is $1M as of Sep 2016.

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