About MGHWorld
MGHWorld is a Travel & Hospitality company based in Noida (India) founded in 2010 by Varun Chawla. Cloud based channel manager and hotel management platform. MGHWorld has raised $1.7 million across 3 funding rounds from investors including MakeMyTrip, Deepak Sharma and Deepak Sharma. MGHWorld was last valued at $5.28 million in March 2013. Its Indian entity My Guest House Accommodations Private Limited reported revenue of ₹84.2 Lakh. Its focus areas include Consumer, Online Travel, Technology Enablers and Suite.
Company details
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.
- Headquarters Noida, India
- Founders Varun Chawla
- Stage Minicorn
- SectorsTravel & Hospitality
- Website mghworld.net
- Social LinkedIn X Facebook
- Legal Name My Guest House Accommodations Private Limited
- Date of Incorporation 31 May, 2010
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹84.2 Lakh
FY 2015 · -28% YoY
- Net Loss-₹2.29 Cr
FY 2015 · -271% margin
- EBITDA-₹1.75 Cr
FY 2015 · -207% margin
- Total Equity Funding$1.7M (USD)
in 3 rounds
- Latest Funding Round$646.55K (USD), Seed
Mar 2013
- InvestorsMakeMyTrip
& 2 more
Associated legal entities of MGHWorld
MGHWorld operates through My Guest House Accommodations Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2015) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| My Guest House Accommodations Private Limited CIN U55101DL2010PTC203380 | Strike Off | 31 May 2010 | New Delhi, Delhi | ₹0.8 Cr | 4 | View details |
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.
- Total Funding $1.7M
- Total Rounds 3
- Last Round Seed — $646,548
- First Round $86,734
(Aug 2011)
- Investors Count 3
All 3 funding rounds of MGHWorld 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 |
|---|---|---|---|---|---|
| Mar 2013 | $646,548 | Seed | $5.28M | MakeMyTrip | – |
| Dec 2011 | $968,285 | Seed | $3.26M | MakeMyTrip | – |
| Aug 2011 | $86,734 | Angel Round | $••••• | Deepak Sharma, Deepak Sharma | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2013 | $5.28M | •••••••• |
| Dec 2011 | $3.26M | •••••••• |
| Aug 2011 | $••••• | •••••••• |
Full valuation and stage history of MGHWorld
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $5.28M (Mar 2013). 3 investors in total: 1 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | makemytrip.com | Gurugram, India | |
DS Deepak Sharma | unknown_ff45bdbdb6f04ff5b | |||
DS Deepak Sharma | unknown_f8312a79ecde4c2ea |
Investor details for MGHWorld
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of My Guest House Accommodations Private Limited (MGHWorld)
My Guest House Accommodations Private Limited is the primary company behind MGHWorld. The board of My Guest House Accommodations Private Limited currently have 4 directors; the longest-serving is Jitender Arora, appointed in 2010. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jitender Arora DIN 00791494 | Director | 31 May 2010 | 16 yrs 5 mo | My Guest House Accommodations Private Limited |
| Varun Chawla DIN 02097425 | Director | 31 May 2010 | 16 yrs 5 mo | My Guest House Accommodations Private Limited |
| Shefali Relhan DIN 06489364 | Additional Director | 15 Dec 2014 | 11 yrs 10 mo | My Guest House Accommodations Private Limited |
| Akbar Mandal DIN 07592810 | Director | 20 Aug 2016 | 10 yrs 2 mo | My Guest House Accommodations Private Limited |
People of MGHWorld
1 people are tracked at MGHWorld (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for MGHWorld
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of MGHWorld
Figures of My Guest House Accommodations Private Limited, the primary company behind MGHWorld, for FY 2015. Revenue was ₹84.2 Lakh (-28% year on year). Net loss was -₹2.29 Cr (-271% margin). EBITDA was -₹1.75 Cr (-207% margin).
- ₹84.2 LakhRevenue · FY 2015 · -28% YoY
- -₹2.29 CrNet loss · -271% margin
- -₹1.75 CrEBITDA · -207% margin
- ₹1.7 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of My Guest House Accommodations Private Limited are on its company page.
Detailed financial statements for MGHWorld
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of MGHWorld
4 dated milestones of MGHWorld across 3 years, from founding to its latest funding, stage changes and deals.
- Founded MGHWorld is founded.
- Funding First funding round of $87K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $647K.
Web traffic of MGHWorld
Websites that share an audience with MGHWorld (mghworld.net).
Websites whose visitors overlap most with MGHWorld. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
vascotravel.net | vascotravel.net | 100% | – | ||
bluemoontravels.com | bluemoontravels.com | 99% | – | ||
| totallyspain.com | 95% | #1,895,111 | View details | ||
| eindiatourism.com | 95% | #6,940,520 | View details | ||
puneritraveller.com | puneritraveller.com | 95% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for MGHWorld
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 16 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Online Travel
3 companies that operate in the same segment as MGHWorld (Online Travel) in India, 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 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 |
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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. The company's 1st funding round was a Angel Round of $86.73K, raised on Aug 2011.
The primary company behind MGHWorld, My Guest House Accommodations Private Limited, reported revenue of ₹84.2 Lakh for FY 2015, down 28% year on year.
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 has 3 investors. Key investors include MakeMyTrip, Deepak Sharma, and Deepak Sharma.
The valuation of MGHWorld is $5.28M as of Mar 2013.
MGHWorld operates through My Guest House Accommodations Private Limited.
The legal entities of MGHWorld currently have 4 directors, including Jitender Arora, Varun Chawla, Akbar Mandal and others.