Novaturas

Kaunas, Lithuania Founded: 2000 • Age: 26 yrs Acquired By Enterprise Investors
Online travel agency for flights, hotels, tours booking

About Novaturas

Novaturas is a company based in Kaunas (Lithuania) founded in 2000 was acquired by Enterprise Investors in November 2007.. Novaturas operates in a competitive market with competitors including Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, among others.

  • Headquarter Kaunas, Lithuania
  • Sectors
    Travel & Hospitality
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $1.14 M (USD), Debt – Conventional

    May 26, 2025

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Enterprise Investors

    (Nov 29, 2007)

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People of Novaturas
Headcount 200-500
Employee Profiles 4
Board Members and Advisors 3
Employee Profiles
People
Vygantas Reifonas
CFO
People
Ieva Galvydienė
Chief Commercial Officer
People
Vitalij Rakovski
CEO
People
Rasa Barisienė
Chief Sales Officer

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Board Members and Advisors
people
Gediminas Almantas
Chairman
people
Tomas Korganas
Board Member
people
Ugnius Radvila
Board Member

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Funding Insights of Novaturas

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $1.1M
  • First Round

    (27 Mar 2025)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2025 Amount Debt – Conventional - Novaturas Valuation

investors

Mar, 2025 Amount Debt – Conventional - Novaturas Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Novaturas

Novaturas has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include Neset Kockar and Enterprise Investors. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Private equity investments in Europe are managed by the firm.
Founded Year Domain Location

Neset Kockar

-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Novaturas

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Novaturas

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Novaturas Comparisons

Employees
+
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Competitors of Novaturas

Novaturas 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 Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple travel services are booked via an app-based platform.
domain founded_year HQ Location
Travel services are booked via an AI-powered platform.
domain founded_year HQ Location
Multiple travel services are booked via an app-based platform.
domain founded_year HQ Location
Online bookings for flights, hotels, and travel packages are facilitated.
domain founded_year HQ Location
Last-minute bookings for travel and entertainment are facilitated online.
domain founded_year HQ Location
Online platform for booking multiple travel services
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Novaturas

Frequently Asked Questions about Novaturas

When was Novaturas founded?

Novaturas was founded in 2000 and raised its 1st funding round 25 years after it was founded.

Where is Novaturas located?

Novaturas is headquartered in Kaunas, Lithuania.

Who is the current CEO of Novaturas?

Linas Aldonis is the current CEO of Novaturas.

What does Novaturas do?

Novaturas was founded in 2000 in Kaunas, Lithuania, operating as an online travel agency in the tourism sector. Users are provided with tools to discover, compare, and book hotels, flights, and tours in fourteen countries, such as Spain, Italy, Egypt, and Thailand. Last-minute deals and discounts are included among the services to support travel planning.

Who are the top competitors of Novaturas?

Novaturas's top competitors include MakeMyTrip, Ixigo and Despegar.

Who are Novaturas's investors?

Novaturas has 2 investors. Key investors include Neset Kockar, and Enterprise Investors.

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