Tavisca Solutions

Pune, India Founded: 2008 • Age: 18 yrs Acquired By JPMorgan Chase
SaaS products for travel agencies and inventory aggregators are offered.

About Tavisca Solutions

Tavisca Solutions is a Travel & Hospitality company based in Pune (India) founded in 2008, and was acquired by JPMorgan Chase in July 2021. It operates as a saaS products for travel agencies and inventory aggregators are offered. The company was acqui-hired. Its focus areas include Consumer, Online Travel, Technology Enablers and Reservation Management. Its competitors include Checkfront, GlobalTix, TrekkSoft, Xola and travel Compositor and 5 more; 9 of its 10 listed competitors have raised funding.

Company details

Tavisca Solutions was founded in 2008 in Pune, India, within the travel technology sector. Software solutions are developed to address industry challenges, including package inventory management and lead generation for travel agents, online travel agencies, and consolidators. A booking engine is also created to enable online access to inventories. Operations focus on efficient technology integration for these users.

Operational Areas
Key Metrics
  • Annual Revenue
    $11.76 M (USD)
    -3
    as on Mar 31, 2024
  • Net Profit
    $1.51 M (USD)
    -20
    as on Mar 31, 2024
  • EBITDA
    $2.11 M (USD)
    -21
    as on Mar 31, 2024
  • Investors
  • Acquired by
    JPMorgan Chase

    & 1 more

    (Jul 2021)

Investors in Tavisca Solutions

Tavisca Solutions has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include JPMorgan Chase and CX Loyalty.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Financial services are provided to consumers and corporations worldwide.
2000jpmorganchase.comNew York, United States
Enterprise loyalty management platforms are provided to businesses worldwide.
1981cxloyalty.comStamford, United States
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Investor details for Tavisca Solutions

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Board of directors of Tavisca Solutions

The boards of the 2 registered companies of Tavisca Solutions currently have 8 directors; the longest-serving is Abhay Suresh Raut, appointed in 2017. 19 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Abhay Suresh Raut
DIN 01842418
Designated Partner05 Apr 20179 yrs 6 moPraya Niveza Llp
Anup Vishwas Patil
DIN 00838622
Designated Partner05 Apr 20179 yrs 6 moPraya Niveza Llp
Sneha Tope
DIN 09082148
Director23 Mar 20215 yrs 6 moTenerity India Private Limited
Loic Blondel
DIN 09121625
Director31 Mar 20215 yrs 6 moTenerity India Private Limited
David Treybig Jared
DIN 10568397
Director06 Jun 20242 yrs 4 moTenerity India Private Limited
Harshal Vishwas Bhamburkar
DIN 05157578
Director15 Oct 20242 yrsTenerity India Private Limited
Gaurav Bhupendra Pal
DIN 10997796
Director26 Mar 20251 yr 6 moTenerity India Private Limited
Jayeshkumar Bhogilal Patel
DIN 11098473
Director02 Jun 20251 yr 4 moTenerity India Private Limited

Financials of Tavisca Solutions

Figures of Tenerity India Private Limited, the primary company behind Tavisca Solutions, for FY 2025. Revenue was ₹90.78 Cr (-7% year on year). Net profit was ₹10.16 Cr (11% margin). EBITDA was ₹15.12 Cr (17% margin). Revenue has grown at a compounded annual rate of +4% over three years and -10% over five years.

  • ₹90.78 CrRevenue · FY 2025 · -7% YoY
  • ₹10.16 CrNet profit · 11% margin
  • ₹15.12 CrEBITDA · 17% margin
  • ₹1.1 LakhPaid-up capital
  • 116Employees (provident fund records)
  • +4%Revenue CAGR, 3 years
  • -10%Revenue CAGR, 5 years

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

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Detailed financial statements for Tavisca Solutions

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Timeline of Tavisca Solutions

3 dated milestones of Tavisca Solutions across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Tavisca Solutions is founded.
  2. Exit Acquired by Connexions.
  3. Exit Acquired by JPMorgan Chase.

Competitors of Tavisca Solutions

Tavisca Solutions has 10 listed competitors in our database, 9 of them funded. They include Checkfront, GlobalTix, TrekkSoft, Xola and travel Compositor, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
checkfront.com2010Victoria, Canada$8.51M–
Online bookings for leisure and tour activities are managed.
globaltix.com2013Singapore$19.88M–
SaaS-driven end-to-end ticketing & distribution solution for the travel industry
trekksoft.com2010Interlaken, Switzerland$2.7M–
Booking and channel management software is provided for tour operators.
xola.com2011Houston, United States$7.74M20
Booking and payments software is offered for tourism operators.
travelcompositor.com2014Palma, Spain$1.13M–
Software for multidestination B2B & B2C travel reservations
bookingboss.com2011North Sydney, Canada$2M–
Booking management technology is offered for tours and activities.
regiondo.com2011Munich, Germany–47
SaaS-driven booking solutions for tour operators & activity providers
redeam.com2015Boulder, United States$19.7M21
Channel management solutions for tour providers are delivered by Redeam.
adventurebucketlist.com2014Sunnyvale, United States$25,000–
Booking software is provided for adventure tour operators.
theonlysky.com2016Denver, United States$1.43M–
Cloud-driven booking solutions are provided to tour operators.
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Detailed competitors of Tavisca Solutions

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Web traffic of Tavisca Solutions

Websites that share an audience with Tavisca Solutions (tavisca.com).

Similar websites

Websites whose visitors overlap most with Tavisca Solutions. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
teknokraaft.com
100%
––View details
interglobetechnologies.com
99%
––View details
rezgateway.com
98%
––View details
justdial.com
63%
91.3M#480View details
epicommonline.com
epicommonline.com
41%
–––
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 7 similar websites and full traffic analytics for Tavisca Solutions

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Top companies in Online Travel

10 companies that operate in the same segment as Tavisca Solutions (Online Travel), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online bookings for flights, hotels, and travel packages are facilitated.
2000Gurugram, Haryana, IndiaUSD 39 MUSD 1.04 B5,120
Online platform providing multiple travel booking services
2007Gurugram, Haryana, IndiaUSD 96.62 MUSD 130.88 M465
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 5.07 B–6,209
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Multiple travel services are booked via an app-based platform.
1999Miami, Florida, United StatesUSD 331.37 M–5,191
Multiple travel services are booked via an app-based platform.
2012Jakarta, Jakarta, IndonesiaUSD 1.02 BUSD 90.89 M3,164
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.2 B–5,356
Bus tickets are booked online via portal and mobile app.
2006Bengaluru, Karnataka, IndiaUSD 10 M––
Outdoor tours and activities are booked via an app-based platform.
2009Berlin, Berlin, GermanyUSD 877.51 M–1,532
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Related news about Tavisca Solutions

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Frequently Asked Questions about Tavisca Solutions

Tavisca Solutions was founded in 2008.

Tavisca Solutions is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Annual revenue of Tavisca Solutions is $11.76M as on Mar 31, 2024.

Tavisca Solutions was founded in 2008 in Pune, India, within the travel technology sector. Software solutions are developed to address industry challenges, including package inventory management and lead generation for travel agents, online travel agencies, and consolidators. A booking engine is also created to enable online access to inventories. Operations focus on efficient technology integration for these users.

Tavisca Solutions's top competitors include GlobalTix, TrekkSoft and Redeam.

Tavisca Solutions has 2 investors. Key investors include JPMorgan Chase, and CX Loyalty.

Tavisca Solutions is associated with 2 legal entities: Praya Niveza Llp, Tenerity India Private Limited.

Yes. Tavisca Solutions was acquired by JPMorgan Chase in July 2021.

The legal entities of Tavisca Solutions currently have 8 directors, including Abhay Suresh Raut, Anup Vishwas Patil, Harshal Vishwas Bhamburkar and others.

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