About Lataar
Lataar was a Travel & Hospitality company based in Surat (India) founded in 2015 by Alpesh Bodra and Vinesh Shah. It operates as a functions as an online platform for booking travel services, including flights and accommodations. It operates on a B2C model. Its chief executive is Vinesh Shah. The company is recorded as dissolved. Its focus areas include Travel and Hospitality, Travel Services, Online Booking and Travel Platforms. Its legal entity in India is Peninsula Vacations Private Limited (U63030GJ2017PTC098033). Similar companies include MakeMyTrip, Despegar, Traveloka, Priceline and Lastminute and 5 more; 8 of its 10 listed similar companies have raised funding.
Company details
Lataar operates with a B2C model, focusing on travel and hospitality, providing travel solutions, online booking, and travel platforms. Functions as an online platform for booking travel services, including flights and accommodations. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Surat, India
- Founders Alpesh Bodra, Vinesh Shah
- SectorsTravel & Hospitality
- Website lataar.com
- Social X Facebook
- Legal Name Peninsula Vacations Private Limited
- Date of Incorporation 27 Jun, 2017
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹16,689
FY 2020 · -92% YoY
- Net Loss-₹8.6 Lakh
FY 2020 · -5152% margin
- EBITDA-₹8.5 Lakh
FY 2020 · -5122% margin
Associated legal entities of Lataar
Lataar operates through Peninsula Vacations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Peninsula Vacations Private Limited CIN U63030GJ2017PTC098033 | Active | 27 Jun 2017 | Surat, Gujarat | ₹0.0 Cr | – | 4 | View details |
Board of directors of Peninsula Vacations Private Limited (Lataar)
Peninsula Vacations Private Limited is the primary company behind Lataar. The board of Peninsula Vacations Private Limited currently have 4 directors; the longest-serving is Vaibhavkumar Jyani, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vaibhavkumar Jyani DIN 07803746 | Director | 27 Jun 2017 | 9 yrs 3 mo | Peninsula Vacations Private Limited |
| Ujas Vishwaskumar Patel DIN 08151529 | Director | 08 Jun 2018 | 8 yrs 4 mo | Peninsula Vacations Private Limited |
| Rajanbhai Narendra Patel DIN 03354049 | Director | 08 Jun 2018 | 8 yrs 4 mo | Peninsula Vacations Private Limited |
| Harshilkumar Sanjaybhai Patel DIN 08151527 | Director | 08 Jun 2018 | 8 yrs 4 mo | Peninsula Vacations Private Limited |
People of Lataar
2 people are tracked at Lataar (2 in leadership).
| Name | Role | Group |
|---|---|---|
Alpesh Bodra | Co-Founder | Leadership |
Vinesh Shah | Co-Founder, CEO | Leadership |
Complete people profiles for Lataar
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Financials of Lataar
Figures of Peninsula Vacations Private Limited, the primary company behind Lataar, for FY 2020. Revenue was ₹16,689 (-92% year on year). Net loss was -₹8.6 Lakh (-5152% margin). EBITDA was -₹8.5 Lakh (-5122% margin).
- ₹16,689Revenue · FY 2020 · -92% YoY
- -₹8.6 LakhNet loss · -5152% margin
- -₹8.5 LakhEBITDA · -5122% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Peninsula Vacations Private Limited are on its company page.
Detailed financial statements for Lataar
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Similar companies to Lataar
Lataar has 10 listed similar companies in our database, 8 of them funded. They include MakeMyTrip, Despegar, Traveloka, Priceline and Lastminute, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| makemytrip.com | 2000 | Gurugram, India | $39M | 4,579 | Online bookings for flights, hotels, and travel packages are facilitated. | |
| despegar.com | 1999 | Miami, United States | $331.37M | 4,543 | Multiple travel services are booked via an app-based platform. | |
| traveloka.com | 2012 | Jakarta, Indonesia | $1.02B | – | Multiple travel services are booked via an app-based platform. | |
| priceline.com | 1997 | Norwalk, United States | $75.35M | 23,600 | Travel services are booked via an AI-powered platform. | |
| lastminute.com | 1998 | Chiasso, Switzerland | $25.82M | 383 | Last-minute bookings for travel and entertainment are facilitated online. | |
| ixigo.com | 2007 | Gurugram, India | $96.62M | 535 | Online platform providing multiple travel booking services | |
| yanolja.com | 2005 | Seoul, South Korea | $1.94B | – | Online marketplace for accommodations is provided for searching and booking. | |
| expedia.com | 1996 | Bellevue, United States | – | 8,176 | Online platform for booking multiple travel services | |
| trip.com | 1999 | Singapore | – | – | App-based platform to discover and book multiple travel services | |
| cleartrip.com | 2005 | Bengaluru, India | $69.5M | 1,168 | App-based platform for booking multiple categories of travel services |
Detailed similar companies of Lataar
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Top companies in Online Travel
10 companies that operate in the same segment as Lataar (Online Travel), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | – | 5,191 | |
Multiple travel services are booked via an app-based platform. | 2012 | Jakarta, Jakarta, Indonesia | USD 1.02 B | USD 90.89 M | 3,164 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
Outdoor tours and activities are booked via an app-based platform. | 2009 | Berlin, Berlin, Germany | USD 877.51 M | – | 1,532 |
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Frequently Asked Questions about Lataar
Lataar was founded in 2015.
Lataar is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Vinesh Shah is the current CEO of Lataar. They have also founded this company.
The primary company behind Lataar, Peninsula Vacations Private Limited, reported revenue of ₹16,689 for FY 2020, down 92% year on year.
Lataar operates with a B2C model, focusing on travel and hospitality, providing travel solutions, online booking, and travel platforms. Functions as an online platform for booking travel services, including flights and accommodations. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Lataar's top competitors include MakeMyTrip, Ixigo and Despegar.
Lataar operates through Peninsula Vacations Private Limited.
The legal entities of Lataar currently have 4 directors, including Vaibhavkumar Jyani, Ujas Vishwaskumar Patel, Rajanbhai Narendra Patel and others.