About myOtels
myOtels was a Travel & Hospitality company based in Bengaluru (India) founded in 2015 by Chandrahasa Reddy. It operates a digital hub for convenient hotel bookings. It operates on a B2C model. The company is recorded as dissolved. Its focus areas include Travel and Hospitality, Online Travel, Hotel Booking and Digital Platforms. Its legal entity in India is Myclass Products And Solutions Private Limited (U72200KA2015PTC083862). Its competitors include YUHI, ICanStay and FABgetaways; 2 of its 3 listed competitors have raised funding.
Company details
myOtels, based in Bengaluru, focuses on travel and hospitality, online travel, hotel booking, and digital platforms. Operates a digital hub for convenient hotel bookings. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Founders Chandrahasa Reddy
- SectorsTravel & Hospitality
- Website myotels.com
- Social X
- Legal Name Myclass Products And Solutions Private Limited
- Date of Incorporation 04 Nov, 2015
- Jurisdiction Bangalore, Karnataka, India
- Net Loss-₹85,045
FY 2021 · -64369% margin
- EBITDA-₹83,876
FY 2021 · -63484% margin
Associated legal entities of myOtels
myOtels operates through Myclass Products And Solutions Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Myclass Products And Solutions Private Limited CIN U72200KA2015PTC083862 | Strike Off | 04 Nov 2015 | Bangalore, Karnataka | ₹0.0 Cr | 3 | View details |
Board of directors of Myclass Products And Solutions Private Limited (myOtels)
Myclass Products And Solutions Private Limited is the primary company behind myOtels. The board of Myclass Products And Solutions Private Limited currently have 3 directors; the longest-serving is Saritha Muralidhara Reddy, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saritha Muralidhara Reddy DIN 07105944 | Director | 04 Nov 2015 | 10 yrs 11 mo | Myclass Products And Solutions Private Limited |
| Muralidharareddy Rangareddy DIN 07105942 | Director | 04 Nov 2015 | 10 yrs 11 mo | Myclass Products And Solutions Private Limited |
| Narayana Chandrahasa Reddy DIN 07691656 | Director | 28 Dec 2016 | 9 yrs 10 mo | Myclass Products And Solutions Private Limited |
People of myOtels
1 people are tracked at myOtels (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CTO | Leadership |
Complete people profiles for myOtels
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of myOtels
Figures of Myclass Products And Solutions Private Limited, the primary company behind myOtels, for FY 2021. Net loss was -₹85,045 (-64369% margin). EBITDA was -₹83,876 (-63484% margin). Revenue has grown at a compounded annual rate of -94% over three years.
- -₹85,045Net loss · -64369% margin
- -₹83,876EBITDA · -63484% margin
- ₹10 LakhPaid-up capital
- -94%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Myclass Products And Solutions Private Limited are on its company page.
Detailed financial statements for myOtels
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of myOtels
myOtels has 3 listed competitors in our database, 2 of them funded. They include YUHI, ICanStay and FABgetaways.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yuhihospitality.com | 2011 | Gurugram, India | $15M | 466 | Luxurious guest rooms are provided for Japanese expats in India. | |
| icanstay.com | 2015 | Gurugram, India | $946,892 | Luxury hotel stays are booked via an online voucher platform. | ||
| fabgetaways.com | 2017 | Ahmedabad, India | Exclusive luxury hotel and resort deals are offered to members. |
Detailed competitors of myOtels
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Online Travel
3 companies that operate in the same segment as myOtels (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 myOtels
myOtels was founded in 2015.
myOtels is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Annual revenue of myOtels is $4.18K as on Mar 31, 2017.
myOtels, based in Bengaluru, focuses on travel and hospitality, online travel, hotel booking, and digital platforms. Operates a digital hub for convenient hotel bookings. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
myOtels's top competitors include YUHI, FABgetaways and ICanStay.
myOtels operates through Myclass Products And Solutions Private Limited.
The legal entities of myOtels currently have 3 directors, including Saritha Muralidhara Reddy, Muralidharareddy Rangareddy, Narayana Chandrahasa Reddy.