Mystifly

Singapore, Singapore Founded: 2009 • Age: 17 yrs
SaaS-enabled solutions are provided for airline ticket booking agencies.
Annual revenue $36.9M Latest available
Total funding $16.3M 4 rounds
Employees 157 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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 as of March 30, 2024. Mystifly operates in a competitive market with competitors including Travelzen, Datalex, Airlines Reporting Corporation, TripStack and Radixx, among others.

  • Headquarter Singapore, Singapore
  • Employees 157 as on 30 Mar, 2024
  • Founders Bharat Goyal, Rajeev Kumar
  • Stage Minicorn
  • Sectors
    Travel & Hospitality
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mystifly Consulting (India) Private Limited
  • Date of Incorporation 30 Jul, 2009
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $36.94 M (USD)
    140.8
    as on Mar 31, 2023
  • Net Profit
    $980.96 K (USD)
    234.82
    as on Mar 31, 2023
  • EBITDA
    -$4.52 M (USD)
    -34.75
    as on Mar 31, 2023
  • Total Equity Funding
    $16.3 M (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    157

    as on Mar 30, 2024

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital fund investing in B2B technologies and enterprise solutions in India.
Locked Locked Locked
Offers venture debt to early and growth-stage technology firms in Asia.
Locked Locked Locked
Staffing and recruitment services are provided by Recruit Holdings.
Locked Locked Locked
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Investor details for Mystifly

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Investments & Acquisitions by Mystifly

Investments
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Investment portfolio details for Mystifly

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Financial Statements - Mystifly

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Detailed financials for Mystifly

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Mystifly Comparisons

Mystifly Primary company
Description
SaaS-enabled solutions are provided for airline ticket booki...
Location
Singapore, Singapore
Founded Year
2009
Annual Revenue
$36.94 M (USD)
Net Profit
$980.96 K (USD)
EBITDA
-$4.52 M (USD)
Employees
157
As of 2024
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Peer comparison for Mystifly

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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 year HQ Location Description
Locked Locked Locked
Booking engine for travel services
Locked Locked Locked
AI and web-enabled flight ancillary distribution and pricing engine solution provider
Locked Locked Locked
Secure platform for airline partnerships, transactions, and NDC implementation services.
Locked Locked Locked
SaaS-based flight distribution and itinerary solutions for OTAs are delivered.
Locked Locked Locked
Global distribution systems and tech solutions for airlines are provided.
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Detailed competitors of Mystifly

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Latest news on Mystifly

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Complete news archive for Mystifly

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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.

As of Mar 30, 2024, the latest employee count at Mystifly is 157.

Annual revenue of Mystifly is $36.94M as on Mar 31, 2023.

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's top competitors include TripStack, Datalex and Travelzen.

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.

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