About Mihuru
Mihuru is a Travel & Hospitality company based in Mumbai (India) founded in 2016 by Jonathan Nunez Gonzalez and Shruti Mehrotra. Fintech platform for travel solutions with book-now-pay-later options is offered. It operates in the Travel & Hospitality and Financial Services sectors. Mihuru has raised $8.21 million across 9 funding rounds from investors including VLS Finance, VLS CAPITAL and Chandirani Holdings. Mihuru was last valued at $1.47 million in May 2020. Its chief executive, as recorded, is Shruti Mehrotra. Its Indian entity Itraveleo Private Limited reported revenue of ₹41.3 Lakh. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include SanKash and Tripmoney; 1 of its 2 listed competitors has raised funding.
Company details
Provider of a fintech platform for travel solutions. It provides users with a financial technology platform that offers book now, pay later options for travel, empowering individuals to achieve their travel goals and create unforgettable experiences. The companys innovative solutions aim to redefine travel with freedom and affordability.
- Headquarters Mumbai, India
- Founders Jonathan Nunez Gonzalez, Shruti Mehrotra
- Stage Minicorn
- SectorsTravel & HospitalityFinancial Services
- Email••••••••
- Phone•••• ••••
- Website mihuru.com
- Social LinkedIn X Facebook
- Legal Name Itraveleo Private Limited
- Date of Incorporation 07 Dec, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹41.3 Lakh
FY 2025 · +62% YoY
- Net Loss-₹3.15 Cr
FY 2025 · -763% margin
- EBITDA-₹2.88 Cr
FY 2025 · -698% margin
- Total Equity Funding$8.21M (USD)
in 9 rounds
- Latest Funding Round$38.29K (USD), Seed
May 2024
- InvestorsVLS Finance
& 8 more
Associated legal entities of Mihuru
Mihuru operates through Itraveleo Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Itraveleo Private Limited CIN U74999MH2016PTC288272 | Active | 07 Dec 2016 | Mumbai, Maharashtra | ₹0.4 Cr | 22 | 4 | View details |
Funding Insights of Mihuru
Mihuru has successfully raised a total of $8.21M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $38.29 thousand completed in May 2024. 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 $8.21M
- Total Rounds 9
- Last Round Seed — $38,288
- First Round $63,353
(Apr 2018)
- Investors Count 9
All 9 funding rounds of Mihuru 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 |
|---|---|---|---|---|---|
| May 2024 | $38,288 | Seed | – | Yellow Services | – |
| Dec 2022 | $198,185 | Seed | – | Chandirani Holdings | – |
| Sep 2021 | $7.32M | Seed | – | Chandirani Holdings | – |
| Mar 2021 | $73,329 | Seed | – | – | – |
| May 2020 | $294,100 | Seed | $1.47M | Chandirani Holdings | – |
| Jan 2020 | $24,239 | Angel Round | – | Anil Chandirani | – |
| Dec 2019 | $86,802 | Seed | – | Sunita Mehrotra | |
| Dec 2019 | $114,317 | Seed | $1.14M | – | |
| Apr 2018 | $63,353 | Seed | $••••• | VLS CAPITAL |
| Date | Valuation | Stage |
|---|---|---|
| May 2020 | $1.47M | •••••••• |
| Dec 2019 | $1.14M | •••••••• |
| Apr 2018 | $••••• | •••••••• |
Full valuation and stage history of Mihuru
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 $1.47M (May 2020). 9 investors in total: 5 institutional and 4 angel.
Investors in Mihuru
Mihuru has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include VLS Finance, VLS CAPITAL and Chandirani Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Women-led tech startups are accelerated via a 12-month program. | womenstartuplab.com | Menlo Park, United States | ||
Corporate advisory services are provided by VLS Finance in India. | 1986 | vlsfinance.com | Delhi, India | |
Delivers comprehensive water management services for various needs. | 1985 | vlscapital.com | Delhi, India | |
AC Anil Chandirani | unknown_ea417a1bbc8e47bd9 | |||
SM Sunita Mehrotra | unknown_96908ed436f840e4b | |||
PM Pranay Mehrotra | unknown_7a5c9b73a448497c8 | |||
SM Shruti Mehrotra | Angel investor, ex-Google, focused on early-stage Indian startups | unknown_a3431a6fdcae412da |
Investor details for Mihuru
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Itraveleo Private Limited (Mihuru)
Itraveleo Private Limited is the primary company behind Mihuru. The board of Itraveleo Private Limited currently have 3 directors; the longest-serving is Sunita Mehrotra, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunita Mehrotra DIN 08081793 | Director | 09 Mar 2018 | 8 yrs 8 mo | Itraveleo Private Limited |
| Shruti Mehrotra DIN 07615640 | CEO | 01 Jun 2020 | 6 yrs 5 mo | Itraveleo Private Limited |
| Kolla Srinivasu DIN 05226046 | Nominee Director | 09 Nov 2020 | 6 yrs | Itraveleo Private Limited |
People of Mihuru
4 people are tracked at Mihuru (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Jason John Sum | Senior Vice President - Strategic Initiatives; Ceos Office | Leadership |
Abhishek Varma | Strategy Manager | Team |
Complete people profiles for Mihuru
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Mihuru
Figures of Itraveleo Private Limited, the primary company behind Mihuru, for FY 2025. Revenue was ₹41.3 Lakh (+62% year on year). Net loss was -₹3.15 Cr (-763% margin). EBITDA was -₹2.88 Cr (-698% margin). Revenue has grown at a compounded annual rate of +144% over three years and +71% over five years.
- ₹41.3 LakhRevenue · FY 2025 · +62% YoY
- -₹3.15 CrNet loss · -763% margin
- -₹2.88 CrEBITDA · -698% margin
- ₹36.1 LakhPaid-up capital
- 22Employees (provident fund records)
- +144%Revenue CAGR, 3 years
- +71%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Itraveleo Private Limited are on its company page.
Detailed financial statements for Mihuru
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
Verified entity values are shown only after access is granted.
Timeline of Mihuru
4 dated milestones of Mihuru across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Mihuru is founded.
- Funding First funding round of $63K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $38K.
Competitors of Mihuru
Mihuru has 2 listed competitors in our database, 1 of them funded. They include SanKash and Tripmoney.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sankash.in | 2017 | Gurugram, India | $167,388 | 14 | Travel loan services are provided to customers in India. | |
| tripmoney.com | 2014 | Gurugram, India | 14 | Online marketplace for travel loans |
Detailed competitors of Mihuru
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Verified entity values are shown only after access is granted.
Web traffic of Mihuru
The website of Mihuru (mihuru.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▼ 11.6% vs previous month
Top companies in Online Travel
3 companies that operate in the same segment as Mihuru (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 | 399 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 505 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 425 |
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Related news about Mihuru
Complete news archive for Mihuru
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Frequently Asked Questions about Mihuru
Mihuru was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Mihuru is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Shruti Mehrotra is the CEO of Mihuru, as recorded in our data. They have also founded this company.
Mihuru is a funded company, having raised a total of $8.21M across 9 funding rounds to date. The company's 1st funding round was a Seed of $63.35K, raised on Apr 2018.
The primary company behind Mihuru, Itraveleo Private Limited, reported revenue of ₹41.3 Lakh for FY 2025, up 62% year on year.
Provider of a fintech platform for travel solutions. It provides users with a financial technology platform that offers book now, pay later options for travel, empowering individuals to achieve their travel goals and create unforgettable experiences. The companys innovative solutions aim to redefine travel with freedom and affordability.
Mihuru has 9 investors. Key investors include VLS Finance, VLS CAPITAL, Chandirani Holdings, Women's Startup Lab, and Anil Chandirani.
The valuation of Mihuru is $1.47M as of May 2020.
Mihuru operates through Itraveleo Private Limited.
The legal entities of Mihuru currently have 3 directors, including Shruti Mehrotra, Kolla Srinivasu, Sunita Mehrotra.