About Mystifly
Mystifly is a company based in Singapore (Singapore) founded in 2009 by Bharat Goyal and Rajeev Kumar. Mystifly has raised $16.3 million across 4 funding rounds from investors including Recruit Holdings, Cornerstone Venture Partners Fund and Crusade Partners. The company has 157 employees. Mystifly operates in a competitive market with competitors including Travelzen, Datalex, Airlines Reporting Corporation, TripStack and Radixx, among others.
- Headquarter Singapore, Singapore
- Employees 157
- Founders Bharat Goyal, Rajeev Kumar
- Stage Minicorn
- SectorsTravel & Hospitality
- Website category Travel and Tourism · Air Travel
- Phone•••• ••••
- Website mystifly.com
- Social LinkedIn X Facebook
- Legal Name Mystifly Consulting (India) Private Limited
- Date of Incorporation 30 Jul, 2009
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹183 Cr
FY 2025 · -42% YoY
- Net Loss-₹4.71 Cr
FY 2025 · -3% margin
- EBITDA₹1.43 Cr
FY 2025 · 1% margin
- Total Equity Funding$16.3M (USD)
in 4 rounds
- InvestorsRecruit Holdings
& 2 more
- Employee Count157
Associated legal entities of Mystifly
Mystifly operates through Mystifly Consulting (India) 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 |
|---|---|---|---|---|---|---|---|
| Mystifly Consulting (India) Private Limited CIN U63040KA2009PTC050524 | Active | 30 Jul 2009 | Bangalore, Karnataka | ₹183 Cr | 157 | 3 | View details |
Funding Insights of Mystifly
Mystifly has successfully raised a total of $16.3M across 4 strategic funding rounds. 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 $16.3M
- Total Rounds 4
- First Round $5M
(Oct 2016)
- Investors Count 3
All 4 funding rounds of Mystifly 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 |
|---|---|---|---|---|---|
| Jan 2024 | – | Debt – Conventional | – | – | – |
| Mar 2023 | $8M | Series A | – | Cornerstone Venture Partners Fund | |
| Jul 2020 | $3.3M | Series A | – | Recruit Holdings | – |
| Oct 2016 | $5M | Series A | $37.52M | Recruit Holdings | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2016 | $37.52M | •••••••• |
Last known valuation $37.52M (Oct 2016). 3 investors in total: 3 institutional.
Investors in Mystifly
Mystifly has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Recruit Holdings, Cornerstone Venture Partners Fund and Crusade Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in B2B technologies and enterprise solutions in India. | 2018 | csvpfund.com | Mumbai, India | |
Offers venture debt to early and growth-stage technology firms in Asia. | 2022 | crusade-partners.com | Hong Kong, China | |
Staffing and recruitment services are provided by Recruit Holdings. | 1960 | recruit-holdings.com | Chiyoda City, Japan |
Investor details for Mystifly
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Mystifly Consulting (India) Private Limited (Mystifly)
Mystifly Consulting (India) Private Limited is the primary company behind Mystifly. The board of Mystifly Consulting (India) Private Limited currently have 3 directors; the longest-serving is Jitha Ramachandran Pulikattumattathil Nair, appointed in 2009. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jitha Ramachandran Pulikattumattathil Nair DIN 02591799 | Director | 30 Jul 2009 | 17 yrs 2 mo | Mystifly Consulting (India) Private Limited |
| Rajeev Kumar Nair Gopalakrishnan DIN 02592317 | Managing Director | 30 Jul 2009 | 17 yrs 2 mo | Mystifly Consulting (India) Private Limited |
| Nanika Kakkar DIN 08563942 | Nominee Director | 03 Apr 2023 | 3 yrs 6 mo | Mystifly Consulting (India) Private Limited |
People of Mystifly
3 people are tracked at Mystifly (3 in leadership); the tracked headcount is 157.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CPTO | Leadership | |
| Co-Founder & CEO & Managing Director | Leadership | |
Varun Kumar Palde | Director Of Operations | Leadership |
Complete people profiles for Mystifly
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- Full employee list
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Financials of Mystifly
Figures of Mystifly Consulting (India) Private Limited, the primary company behind Mystifly, for FY 2025. Revenue was ₹183 Cr (-42% year on year). Net loss was -₹4.71 Cr (-3% margin). EBITDA was ₹1.43 Cr (1% margin). Revenue has grown at a compounded annual rate of +13% over three years and -26% over five years.
- ₹183 CrRevenue · FY 2025 · -42% YoY
- -₹4.71 CrNet loss · -3% margin
- ₹1.43 CrEBITDA · 1% margin
- ₹13.07 CrPaid-up capital
- 157Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- -26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mystifly Consulting (India) Private Limited are on its company page.
Detailed financial statements for Mystifly
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Mystifly
4 dated milestones of Mystifly across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Mystifly is founded.
- Funding First funding round of $5.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional,.
Competitors of Mystifly
Mystifly 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 Travelzen, Datalex, Airlines Reporting Corporation, TripStack and Radixx, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| travelzen.com | 2007 | Shanghai, China | $99.2M | – | Booking engine for travel services | |
| datalex.com | 1985 | Dublin, Ireland | $6.64M | 11 | AI and web-enabled flight ancillary distribution and pricing engine solution provider | |
| arccorp.com | 1985 | Arlington, United States | – | – | Secure platform for airline partnerships, transactions, and NDC implementation services. | |
| tripstack.com | 2016 | Toronto, Canada | $6M | 84 | SaaS-based flight distribution and itinerary solutions for OTAs are delivered. | |
| radixx.com | 1993 | Orlando, United States | – | – | Global distribution systems and tech solutions for airlines are provided. | |
| interes.com | 1997 | Darmstadt, Germany | – | – | Air travel distribution solutions are provided for airlines and agencies. | |
| monarcglobal.com | 2017 | Brisbane, Australia | – | – | SaaS-driven global network for private aircraft charters is operated. | |
| seatassignmate.com | 2012 | New York, United States | $50,000 | – | Interactive email confirmation services are provided to airlines. | |
| atlaslovestravel.com | 2021 | Singapore | – | – | Connects low-cost carriers and travel businesses through data-driven API solutions. |
Detailed competitors of Mystifly
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Web traffic of Mystifly
The website of Mystifly (mystifly.com) receives about 4.2K visits a month and ranks #3,689,749 among all websites worldwide, #6,509 in Air Travel.
- Monthly visits4.2K
▼ 6.9% vs previous month
- Unique visitors1.8K
per month
- Global rank#3,689,749
among all websites
- Category rank#6,509
Travel and Tourism · Air Travel
- Bounce rate37%
- Pages per visit2.2
- Average visit26 sec
- DevicesDesktop 37% · Mobile 63%
Websites whose visitors overlap most with Mystifly. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| myfarebox.com | 100% | – | #1,119,936 | View details | |
| phantiptravel.com | 53% | – | #2,999,515 | View details | |
expressticketing.com.au | expressticketing.com.au | 53% | – | – | – |
| travelopro.com | 49% | 76.9K | #501,194 | View details |
Latest news on Mystifly
Complete news archive for Mystifly
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Mystifly
10 companies that operate in the same segment as Mystifly (Online Travel), 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 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | – | 4,543 | |
Multiple travel services are booked via an app-based platform. | 2012 | Jakarta, Jakarta, Indonesia | USD 1.02 B | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
Outdoor tours and activities are booked via an app-based platform. | 2009 | Berlin, Berlin, Germany | USD 877.51 M | – | – |
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Frequently Asked Questions about Mystifly
Mystifly was founded in 2009 and raised its 1st funding round 7 years after it was founded.
Mystifly is headquartered in Singapore, Singapore.
Rajeev Kumar is the current CEO of Mystifly. They have also founded this company.
Mystifly is a funded company, having raised a total of $16.3M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Oct 2016.
Mystifly has 157 employees.
The primary company behind Mystifly, Mystifly Consulting (India) Private Limited, reported revenue of ₹183 Cr for FY 2025, down 42% year on year.
Mystifly was founded in 2009 and is headquartered in Singapore. SaaS-enabled technology solutions are delivered to airline ticket booking agencies within the travel technology sector. A B2B platform for global airfare aggregation, consolidation, and fulfillment is operated, supporting ticket distribution. Self-booking tools for corporate users are included, allowing employees to handle multi-itinerary bookings and management. Operations emphasize efficient booking processes across international markets.
Mystifly has 3 investors. Key investors include Recruit Holdings, Cornerstone Venture Partners Fund, and Crusade Partners.
The valuation of Mystifly is $37.52M as of Oct 2016.
Mystifly operates through Mystifly Consulting (India) Private Limited.
The legal entities of Mystifly currently have 3 directors, including Jitha Ramachandran Pulikattumattathil Nair, Rajeev Kumar Nair Gopalakrishnan, Nanika Kakkar.