About Promovacances
Promovacances is a company based in Paris (France) founded in 1999 was acquired by LBO France in May 2011.. Promovacances offers products and services including Vacation Packages, Hotel Bookings, and Cruise Services. Promovacances operates in a competitive market with competitors including Traveloka, Ixigo, Priceline, Despegar and MakeMyTrip, among others.
- Headquarter Paris, France
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Sectors
Travel & Hospitality
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
LBO France
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Promovacances
Promovacances offers a comprehensive portfolio of products and services, including Vacation Packages, Hotel Bookings, and Cruise Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers deals for flights, hotels, and tours to various global destinations
Provides reservations for hotels in Europe and international locations
Facilitates bookings for cruises to destinations like the Caribbean and Mediterranean
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Funding Insights of Promovacances
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Promovacances
Promovacances has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include LBO France and Equistone Partners Europe. 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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are made in France and the US.
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A mid-market private equity firm based in Europe is operated.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Promovacances
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Promovacances
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Promovacances Comparisons
Competitors of Promovacances
Promovacances 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, Ixigo, Priceline, Despegar and MakeMyTrip, 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 |
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online platform providing multiple travel booking services
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| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Promovacances
When was Promovacances founded?
Promovacances was founded in 1999.
Where is Promovacances located?
Promovacances is headquartered in Paris, France.
What does Promovacances do?
Promovacances was established in 1999 in Paris, France, as an online travel agency. Flights, hotels, cruises, holiday rentals, and related services are offered for discovery, comparison, and booking on its platform. Over 10,000 trips to 120 destinations are featured, with bookings completed for 2.5 million customers. Last-minute deals and discounts are also provided to facilitate timely reservations.
Who are the top competitors of Promovacances?
Promovacances's top competitors include MakeMyTrip, Ixigo and Despegar.
What products or services does Promovacances offer?
Promovacances offers Vacation Packages, Hotel Bookings, and Cruise Services.
Who are Promovacances's investors?
Promovacances has 2 investors. Key investors include LBO France, and Equistone Partners Europe.