Towno

Bengaluru, India Founded: 2015 • Age: 11 yrs
Online platform that provides personalized travel packages
Annual revenue $333,446 Latest available
Total funding $85,487 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 3 Brand Intelligence

About Towno

Towno is a company based in Bengaluru (India) founded in 2015 by Ratti Bhalla and Rahul Kesar. Towno has raised $85.49 thousand across 2 funding rounds from investors including Kapil Daga and CIET. Towno operates in a competitive market with competitors including TF NEXUS and Resell Holidays, among others.

  • Headquarter Bengaluru, India
  • Founders Ratti Bhalla, Rahul Kesar
  • Stage Minicorn
  • Sectors
    Travel & Hospitality
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Intellego Tech-Solutions Private Limited
  • Date of Incorporation 30 Apr, 2016
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $333.45 K (USD)
    58.69
    as on Mar 31, 2023
  • Net Profit
    $2.09 K (USD)
    -84.37
    as on Mar 31, 2023
  • EBITDA
    $803.66 (USD)
    -93.25
    as on Mar 31, 2023
  • Total Equity Funding
    $85.49 K (USD)

    in 2 rounds

  • Latest Funding Round
    $62.17 K (USD), Seed

    Sep 20, 2018

  • Investors
    CIET

    & 1 more

  • Employee Count
    Not available
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Funding Insights of Towno

Towno has successfully raised a total of $85.49K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $62.17 thousand completed in September 2018. 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 Towno

Towno has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Kapil Daga and CIET.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Engineering, science, humanities, and business courses are offered by CIET.
Locked Locked Locked

Kapil Daga

-
Locked Locked Locked
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Investor details for Towno

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Towno

Investments
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Investment portfolio details for Towno

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Financial Statements - Towno

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Detailed financials for Towno

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  • Profit trends
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Towno Comparisons

Towno Primary company
Description
Online platform that provides personalized travel packages
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
$333.45 K (USD)
Net Profit
$2.09 K (USD)
EBITDA
$803.66 (USD)
Employees
Not available
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Peer comparison for Towno

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Competitors of Towno

Towno 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 TF NEXUS and Resell Holidays, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Offers destination management and travel services across multiple countries globally.
Locked Locked Locked
Platform for trading pre-owned holiday memberships and travel services.
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Detailed competitors of Towno

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Latest news on Towno

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Complete news archive for Towno

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Frequently Asked Questions about Towno

Towno was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Towno is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Rahul Kesar is the current CEO of Towno. They have also founded this company.

Towno is a funded company, having raised a total of $85.49K across 2 funding rounds to date.

Annual revenue of Towno is $333.45K as on Mar 31, 2023.

Towno was founded in 2015 in Bengaluru, India, as an online platform in the travel sector. Personalized travel packages are provided by local hosts, allowing travelers to plan holidays by submitting destination details and contact numbers. Packages can also be explored on the site, with bookings completed through online payments. Operations focus on facilitating direct connections between travelers and hosts in various destinations.

Towno's top competitors include TF NEXUS and Resell Holidays.

Towno has 2 investors. Key investors include Kapil Daga, and CIET.

The valuation of Towno is $1.2M as of Sep 2018.

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