About Journee
Journee is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2016. Mobile ticketing and payment solutions are offered for transport agencies. It operates on a SaaS (Software-as-a-Service) and Mobility-as-a-Service model in Transportation, Automotive & Logistics and Financial Services sectors. Journee offers products and services including Smart Ticketing, Garuda Analytics, and Trip Planner. Its focus areas include Technology, Transportation Technology and Smart Mobility Solutions. Its legal entity in India is Pendeln Technologies Pvt Ltd (U72200KA2016PTC086971). Its competitors include Ridlr, SanKash and ODBUS; 2 of its 3 listed competitors have raised funding.
Company details
Journee is engaged in providing a transit platform fueled by real-time data for state transport agencies. The platform is designed to enhance public transport efficiency and profitability for operators while promoting a greener environment. Solutions offered include smart ticketing, digital payments, multimodal transport integration, and data-driven analytics through Garuda. The company supports transport agencies in revenue maximization and operational optimization within the smart mobility sector.
- Headquarters Bengaluru, India
- SectorsTransportation, Automotive & LogisticsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website journee.in
- Social LinkedIn X Facebook
- Legal Name Pendeln Technologies Pvt Ltd
- Date of Incorporation 15 Mar, 2016
- Jurisdiction Bangalore, Karnataka, India
- Net Loss-₹30,001
FY 2022 · 0% margin
- EBITDA-₹9,311
FY 2022 · 0% margin
- Investors
Associated legal entities of Journee
Journee operates through Pendeln Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pendeln Technologies Private Limited CIN U72200KA2016PTC086971 | Strike Off | 15 Mar 2016 | Bangalore, Karnataka | 2 | View details |
Products & Services of Journee
Journee offers a comprehensive portfolio of products and services, including Smart Ticketing, Garuda Analytics, and Trip Planner.
Real-time transit data is collected for digital fare payments.
Data visualization is provided to maximize transit agency revenue.
Bus locations are tracked for user trip planning ease.
Funding Insights of Journee
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Journee 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 |
|---|---|---|---|---|---|
| Oct 2017 | Seed | – | Axilor Ventures | – |
1 investors in total: 1 institutional.
Investors in Journee
Journee has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Axilor Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in early-stage startups in technology sectors. | 2014 | axilor.com | Bengaluru, India |
Investor details for Journee
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- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Pendeln Technologies Private Limited (Journee)
Pendeln Technologies Private Limited is the primary company behind Journee. The board of Pendeln Technologies Private Limited currently have 2 directors; the longest-serving is Sankaran, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sankaran DIN 07471916 | Director | 15 Mar 2016 | 10 yrs 7 mo | Pendeln Technologies Private Limited |
| Vandhana Parkavi DIN 07456662 | Director | 15 Mar 2016 | 10 yrs 7 mo | Pendeln Technologies Private Limited |
Financials of Journee
Figures of Pendeln Technologies Private Limited, the primary company behind Journee, for FY 2022. Net loss was -₹30,001 (0% margin). EBITDA was -₹9,311 (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.
- -₹30,001Net loss · 0% margin
- -₹9,311EBITDA · 0% margin
- ₹50,000Paid-up capital
- -100%Revenue CAGR, 3 years
- -100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pendeln Technologies Private Limited are on its company page.
Detailed financial statements for Journee
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Journee
2 dated milestones of Journee across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Journee is founded.
- Funding First funding round.
Competitors of Journee
Journee has 3 listed competitors in our database, 2 of them funded. They include Ridlr, SanKash and ODBUS.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ridlr.in | 2010 | Mumbai, India | $8.26M | 126 | Journey planning solutions are enabled through an app-based platform. | |
| sankash.in | 2017 | Gurugram, India | $167,388 | 14 | Travel loan services are provided to customers in India. | |
| odbus.in | 2015 | Bhubaneswar, India | Operates an online platform for booking bus tickets efficiently and securely. |
Detailed competitors of Journee
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Verified entity values are shown only after access is granted.
Top companies in Road Transport Tech
3 companies that operate in the same segment as Journee (Road Transport Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing, electric vehicles, and financial solutions are provided via app. | 2010 | Bengaluru, Karnataka, India | USD 3.83 B | USD 278.63 M | 2,473 | |
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions | 2015 | Bengaluru, Karnataka, India | USD 826.75 M | USD 19.11 M | 817 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M |
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Related news about Journee
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Frequently Asked Questions about Journee
Journee was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Journee is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Journee is engaged in providing a transit platform fueled by real-time data for state transport agencies. The platform is designed to enhance public transport efficiency and profitability for operators while promoting a greener environment. Solutions offered include smart ticketing, digital payments, multimodal transport integration, and data-driven analytics through Garuda. The company supports transport agencies in revenue maximization and operational optimization within the smart mobility sector.
Journee offers Smart Ticketing, Garuda Analytics, and Trip Planner.
Journee has 1 investor. Key investors include Axilor Ventures.
Journee operates through Pendeln Technologies Private Limited.
The legal entities of Journee currently have 2 directors, including Sankaran, Vandhana Parkavi.