About iTraveller
iTraveller is a company based in Bengaluru (India) founded in 2012 by Prasant Prabhakaran Pillai, Prashant George Varghese, and Chitra Parija was acquired by Lastminute in July 2020.. iTraveller has raised $1.89 million across 3 funding rounds from investors including Lastminute, LetsVenture and iProgrammer. The company has 1 employees as of April 08, 2024. iTraveller operates in a competitive market with competitors including TripFactory, TF NEXUS, Unimoni, Tripshelf and Towno, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 08 Apr, 2024
- Founders Prasant Prabhakaran Pillai, Prashant George Varghese, Chitra Parija
- Stage Minicorn
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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
*********
- Legal Name Itraveller Technologies Private Limited
- Date of Incorporation 07 Sep, 2011
- Jurisdiction Kochi, Kerala, India
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Annual Revenue
$348.28 K (USD)57.68as on Mar 31, 2020
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Net Profit
$232.3 K (USD)650.11as on Mar 31, 2020
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EBITDA
$38.65 K (USD)180.32as on Mar 31, 2020
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Total Equity Funding
$1.89 M (USD)
in 3 rounds
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Latest Funding Round
$840.24 K (USD), Series A
Aug 19, 2019
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Investors
Lastminute
& 37 more
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Employee Count
1
as on Apr 08, 2024
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Acquired by
Lastminute
(Jul 10, 2020)
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Funding Insights of iTraveller
iTraveller has successfully raised a total of $1.89M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $840.24 thousand completed in August 2019. 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 3
- Last Round Series A — $840,235
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First Round
First Round
(23 Jan 2015)
- Investors Count 37
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Series A - iTraveller | Valuation | Mantra Ventures | |
| Jan, 2018 | Amount | Series A - iTraveller | Valuation | Rangarajan , Sai Krishna Paralapalli | |
| Jan, 2015 | Amount | Series A - iTraveller | Valuation | Mantra Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in iTraveller
iTraveller has secured backing from 38 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Lastminute, LetsVenture and iProgrammer. 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 |
|---|---|---|---|---|
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Offline focused VC Firm investing in India and the US
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Founded Year | Domain | Location | |
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Single family office
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Founded Year | Domain | Location | |
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Fundraising is enabled for startups through an investor connection platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by iTraveller
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - iTraveller
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Itraveller Comparisons
Competitors of iTraveller
iTraveller 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 TripFactory, TF NEXUS, Unimoni, Tripshelf and Towno, 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 |
Customized holiday packages and travel itineraries are provided.
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| domain | founded_year | HQ Location |
Offers destination management and travel services across multiple countries globally.
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| domain | founded_year | HQ Location |
Foreign exchange, remittances, and travel solutions are provided by Unimoni.
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for holiday packages.
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| domain | founded_year | HQ Location |
Online platform that provides personalized travel packages
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about iTraveller
When was iTraveller founded?
iTraveller was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is iTraveller located?
iTraveller is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is iTraveller a funded company?
iTraveller is a funded company, having raised a total of $1.89M across 3 funding rounds to date. The company's 1st funding round was a Series A of $1M, raised on Jan 23, 2015.
How many employees does iTraveller have?
As of Apr 08, 2024, the latest employee count at iTraveller is 1.
What is the annual revenue of iTraveller?
Annual revenue of iTraveller is $348.28K as on Mar 31, 2020.
What does iTraveller do?
iTraveller was founded in 2012 in Bengaluru, India, as an online platform in the travel sector. Holiday packages are discovered and booked by users through the site, with options for planning and automating travel itineraries. Payments are processed online to facilitate bookings. The platform supports travelers in organizing holidays efficiently from various locations.
Who are the top competitors of iTraveller?
iTraveller's top competitors include TripFactory, Unimoni and TF NEXUS.
Who are iTraveller's investors?
iTraveller has 38 investors. Key investors include Lastminute, LetsVenture, iProgrammer, Mantra Ventures, and Vivek Joshi.
What is iTraveller's valuation?
The valuation of iTraveller is $3.24M as of Aug 2019.
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