MGHWorld

Noida, India Founded: 2010 • Age: 16 yrs
Cloud based channel manager and hotel management platform
Annual revenue $127,263 Latest available
Total funding $1.7M 3 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About MGHWorld

MGHWorld is a company based in Noida (India) founded in 2010 by Varun Chawla. MGHWorld has raised $1.7 million across 3 funding rounds from investors including MakeMyTrip, Deepak Sharma and Deepak Sharma. MGHWorld operates in a competitive market with competitors including Amadeus, Travelport, Sabre, Mondee and RateGain, among others.

  • Headquarter Noida, India
  • Founders Varun Chawla
  • Stage Minicorn
  • Sectors
    Travel & Hospitality
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name My Guest House Accommodations Private Limited
  • Date of Incorporation 31 May, 2010
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $127.26 K (USD)
    0
    as on Mar 31, 2015
  • Net Profit
    -$345.47 K (USD)
    0
    as on Mar 31, 2015
  • EBITDA
    -$257.42 K (USD)
    0
    as on Mar 31, 2015
  • Total Equity Funding
    $1.7 M (USD)

    in 3 rounds

  • Latest Funding Round
    $646.55 K (USD), Seed

    Mar 16, 2013

  • Investors
    MakeMyTrip

    & 2 more

  • Employee Count
    Not available
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Funding Insights of MGHWorld

MGHWorld has successfully raised a total of $1.7M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $646.55 thousand completed in March 2013. 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 MGHWorld

MGHWorld has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include MakeMyTrip, Deepak Sharma and Deepak Sharma.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Online bookings for flights, hotels, and travel packages are facilitated.
Locked Locked Locked

Deepak Sharma

-
Locked Locked Locked

Deepak Sharma

-
Locked Locked Locked
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Investor details for MGHWorld

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Investments & Acquisitions by MGHWorld

Investments
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Investment portfolio details for MGHWorld

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Financial Statements - MGHWorld

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Detailed financials for MGHWorld

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Mghworld Comparisons

MGHWorld Primary company
Description
Cloud based channel manager and hotel management platform
Location
Noida, India
Founded Year
2010
Annual Revenue
$127.26 K (USD)
Net Profit
-$345.47 K (USD)
EBITDA
-$257.42 K (USD)
Employees
Not available
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Peer comparison for MGHWorld

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Competitors of MGHWorld

MGHWorld 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 Amadeus, Travelport, Sabre, Mondee and RateGain, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
SaaS-based operations management is provided for hospitality and aviation sectors.
Locked Locked Locked
Blockchain and SaaS solutions are delivered for travel providers.
Locked Locked Locked
Business management solutions are offered to travel service providers.
Locked Locked Locked
SaaS solutions are delivered for travel professionals' tech needs.
Locked Locked Locked
SaaS solutions for hospitality revenue and operations management are delivered.
Locked Locked Locked
Turnkey solutions and tools are offered for travel agencies.
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Detailed competitors of MGHWorld

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Latest news on Mghworld

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Complete news archive for MGHWorld

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Frequently Asked Questions about MGHWorld

MGHWorld was founded in 2010 and raised its 1st funding round 1 year after it was founded.

MGHWorld is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

MGHWorld is a funded company, having raised a total of $1.7M across 3 funding rounds to date.

Annual revenue of MGHWorld is $127.26K as on Mar 31, 2015.

MGHWorld offers a cloud platform for both hotels, travel agents, distributors and corporate travel to manage their businesses online, the initiative called Traveneur. For hotels, it offers a channel manager to connect to all OTAs and travel agents along with an interface to manage daily operations of the hotel. For travel agents, it aids to connect with and book properties and sell customized packages. Gets revenue generation through commission on each booking and packages to hotel owners to build their custom websites for a subscription charge. As of June 2013, MakeMyTrip owns 29 equity in the company and can acquire 100 of MGHs ordinary shares based upon achievement of various business parameters spread over eight years.

MGHWorld's top competitors include Amadeus, Travelport and Sabre.

MGHWorld has 3 investors. Key investors include MakeMyTrip, Deepak Sharma, and Deepak Sharma.

The valuation of MGHWorld is $5.28M as of Mar 2013.

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