About Lonely Planet
Lonely Planet is a company based in Franklin (United States) founded in 1973 was acquired by Red Ventures in December 2020.. The company has 3 employees as of April 06, 2024. Lonely Planet has completed 2 acquisitions, including ArrivalGuides and Trill Travel. Lonely Planet offers products and services including Travel Books, Custom Itineraries, and Newsletters. Lonely Planet operates in a competitive market with competitors including TripAdvisor, Forbes Travel Guide, Tripism, TravelPost and Localeur, among others.
- Headquarter Franklin, United States
- Employees 3 as on 06 Apr, 2024
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
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- Legal Name Lonely Planet India Private Limited
- Date of Incorporation 12 May, 2011
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$291.89 K (USD)-13.34as on Mar 31, 2021
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Net Profit
$-43.15 K (USD)-2924.27as on Mar 31, 2021
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EBITDA
$53.22 K (USD)18376.61as on Mar 31, 2021
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Latest Funding Round
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Investors
Red Ventures
& 1 more
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Employee Count
3
as on Apr 06, 2024
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Investments & Acquisitions
ArrivalGuides
& 1 more
- Acquired by
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Products & Services of Lonely Planet
Lonely Planet offers a comprehensive portfolio of products and services, including Travel Books, Custom Itineraries, and Newsletters. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Guides for exploring global destinations and experiences.
Personalized travel plans with local expert advice.
Updates on travel inspiration and destinations.
Funding Insights of Lonely Planet
| 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 Lonely Planet
Lonely Planet has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Red Ventures and NC2 Media. 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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Web development, digital marketing, and market analytics services are provided.
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Founded Year | Domain | Location | |
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A US-based media company focused on digital content distribution.
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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 Lonely Planet
Lonely Planet has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ArrivalGuides and Trill Travel. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Travel experiences from influencers are discovered and booked online.
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2017 | ||||
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Online distributor of destination content
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lonely Planet
| 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 |
Lonely Planet Comparisons
Competitors of Lonely Planet
Lonely Planet 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 TripAdvisor, Forbes Travel Guide, Tripism, TravelPost and Localeur, 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 |
Travel and accommodation reviews are provided through an app-based platform.
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| domain | founded_year | HQ Location |
Hotels, restaurants, and spas are inspected and rated globally.
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| domain | founded_year | HQ Location |
Online platform for business travelers to share travel experiences
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| domain | founded_year | HQ Location |
Hotel reviews and travel discussions are offered online by TravelPost.
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| domain | founded_year | HQ Location |
Local recommendations for travel destinations and services are shared online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Lonely Planet
Frequently Asked Questions about Lonely Planet
When was Lonely Planet founded?
Lonely Planet was founded in 1973.
Where is Lonely Planet located?
Lonely Planet is headquartered in Franklin, United States.
How many employees does Lonely Planet have?
As of Apr 06, 2024, the latest employee count at Lonely Planet is 3.
What is the annual revenue of Lonely Planet?
Annual revenue of Lonely Planet is $291.89K as on Mar 31, 2021.
What does Lonely Planet do?
Lonely Planet is an online travel guide and media publishing company, Also enables user to book hotels, Flights and cars through its partners like Booking.com. Founded by Tony Wheeler and Maureen Wheeler, the company is owned Brad Kelleys NC2 Media, which bought it in 2013 from BBC Worldwide for US77 million in May, 2014 after it was valued at US250 million in 2008. Lonely Planet has Acquired Budget Travel on Feb 7, 2014 for 2.4M and TouristEye on Nov 13, 2013 for undisclosed amount.
Who are the top competitors of Lonely Planet?
Lonely Planet's top competitors include TripAdvisor, Forbes Travel Guide and Tripism.
What products or services does Lonely Planet offer?
Lonely Planet offers Travel Books, Custom Itineraries, and Newsletters.
How many acquisitions has Lonely Planet made?
Lonely Planet has made 2 acquisitions, including ArrivalGuides, and Trill Travel.
Who are Lonely Planet's investors?
Lonely Planet has 2 investors. Key investors include Red Ventures, and NC2 Media.
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