Shine Tech Lab

Delhi, India Founded: 2017 • Age: 9 yrs
Delivers comprehensive software solutions and services for the travel industry.

About Shine Tech Lab

Shine Tech Lab is a company based in Delhi (India) founded in 2017. It operates as a B2B. Shine Tech Lab operates in a competitive market with competitors including Tripeur, Duffel, Easol, TravClan and Concertiv, among others.

  • Headquarter Delhi, India
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website shinetechlab.com
  • Social Facebook
  • Legal Name Shinetech Labs Private Limited
  • Date of Incorporation 12 Jul, 2017
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹19.1 Lakh

    FY 2024 · -24% YoY

  • Net Loss
    -₹5.1 Lakh

    FY 2024 · -27% margin

  • EBITDA
    -₹2.7 Lakh

    FY 2024 · -14% margin

Board of directors of Shinetech Labs Private Limited (Shine Tech Lab)

Shinetech Labs Private Limited is the primary company behind Shine Tech Lab. The board of Shinetech Labs Private Limited currently have 2 directors; the longest-serving is Arvind Shukla, appointed in 2017.

DirectorDesignationAppointedTenureEntity
Arvind Shukla
DIN 07806564
Director12 Jul 20179 yrs 3 moShinetech Labs Private Limited
Sachi Shukla
DIN 07806585
Director12 Jul 20179 yrs 3 moShinetech Labs Private Limited

Financials of Shine Tech Lab

Figures of Shinetech Labs Private Limited, the primary company behind Shine Tech Lab, for FY 2024. Revenue was ₹19.1 Lakh (-24% year on year). Net loss was -₹5.1 Lakh (-27% margin). EBITDA was -₹2.7 Lakh (-14% margin). Revenue has grown at a compounded annual rate of +17% over three years and -21% over five years.

  • ₹19.1 LakhRevenue · FY 2024 · -24% YoY
  • -₹5.1 LakhNet loss · -27% margin
  • -₹2.7 LakhEBITDA · -14% margin
  • ₹5 LakhPaid-up capital
  • +17%Revenue CAGR, 3 years
  • -21%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Shinetech Labs Private Limited are on its company page.

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Detailed financial statements for Shine Tech Lab

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Competitors of Shine Tech Lab

Shine Tech Lab 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 Tripeur, Duffel, Easol, TravClan and Concertiv, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
tripeur.com2015Bengaluru, India$2.86M128
AI and cloud-driven corporate travel management solutions are provided.
duffel.com2017London, United Kingdom$56.37M24
Travel services are planned, discovered, and booked via Duffel's platform.
easol.com2017London, United Kingdom$59.5M34
Easol is recognized as an all-in-one platform for experience creators.
travclan.com2018Delhi, India$5.7M220
B2B platform for travel agents to buy flights hotels packages
concertiv.com2014New York, United States$6.62M27
Web-enabled end-to-end procurement management solutions are provided.
reiwatravel.co.jp2021Shibuya, Japan$20.3M–
An online platform is provided for designing digital travel agencies.
fareportal.com2002New York, United States––
Technology solutions are provided to online travel agencies.
nezasa.com2012Zurich, Switzerland$16.49M–
SaaS-based software for travel planning and itinerary management is provided.
caravelo.com2010Barcelona, Spain$6.79M–
Travel subscription solutions are provided for the travel industry.
tripsuite.com2022United States$9.5M–
SaaS management solutions for travel agencies are provided.
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Detailed competitors of Shine Tech Lab

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  • Full competitor set
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Similar companies to Shine Tech Lab

10 companies that operate in the same segment as Shine Tech Lab (Aviation Software & IT Solutions), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
SaaS-based operations management is provided for hospitality and aviation sectors.
1987Madrid, Madrid, Spain–USD 7.66 B20,640
Private airline services are offered via a membership-based subscription model.
2012Santa Monica, California, United StatesUSD 24.78 MUSD 106.56 M703
Multiple travel services are booked via an online platform.
1945Orly, Ile-de-france, France–USD 7.87 B29,330
Private jets are booked through an online membership platform.
2013New York, New York, United StatesUSD 401.58 MUSD 736.5 M1,870
Satellite-based communication services for data and voice are provided globally.
1979London, England, United Kingdom–––
Provider of cloud-based NDC aggregator platform for the airline industry
2016Kochi, Kerala, IndiaUSD 29.38 MUSD 735.83 K123
Cloud-based enterprise content management and compliance are delivered.
2007Beloit, Wisconsin, United StatesUSD 12 M––
AI-enabled inventory optimization and e-commerce solutions for airlines are provided.
2008Atlanta, Georgia, United StatesUSD 9.35 M–13
Blockchain and SaaS solutions are delivered for travel providers.
1971Atlanta, Georgia, United States–––
In-flight connectivity and entertainment solutions are provided for airlines.
1991Itasca, Illinois, United StatesUSD 297.14 MUSD 910.49 M790
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Frequently Asked Questions about Shine Tech Lab

Shine Tech Lab was founded in 2017.

Shine Tech Lab is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

The primary company behind Shine Tech Lab, Shinetech Labs Private Limited, reported revenue of β‚Ή19.1 Lakh for FY 2024, down 24% year on year.

Shine Tech Lab delivers comprehensive software solutions and services for the travel industry, focusing on leveraging cutting-edge technology, software services, travel solutions, and creating custom software solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Shine Tech Lab's top competitors include Duffel, Easol and Fareportal.

Shine Tech Lab operates through Shinetech Labs Private Limited.

The legal entities of Shine Tech Lab currently have 2 directors, including Arvind Shukla, Sachi Shukla.

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