About Traacs
Traacs is a company based in Kozhikode (India) founded in 2009. It operates as a SaaS, and B2B. Traacs offers products and services including TRAACS Platform, TRAACS Enterprise, and TRAACS SaaS Edition. Traacs operates in a competitive market with competitors including Duffel, Easol, TravClan, Concertiv and Reiwa Travel, among others.
- Headquarter Kozhikode, India
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Sectors
Travel & HospitalityFinancial Services
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Email
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Website
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- Legal Name Nucore Software Solutions (P) Ltd.
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Products & Services of Traacs
Traacs offers a comprehensive portfolio of products and services, including TRAACS Platform, TRAACS Enterprise, and TRAACS SaaS Edition. 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.
Automates workflows and financial processes for travel agencies.
Provides scalable solutions for large travel organizations.
Offers subscription-based access for small to medium agencies.
Funding Insights of Traacs
| 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 |
Investments & Acquisitions by Traacs
| 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 - Traacs
| 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 |
Traacs Comparisons
Competitors of Traacs
Traacs 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 Duffel, Easol, TravClan, Concertiv and Reiwa Travel, 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 |
Travel services are planned, discovered, and booked via Duffel's platform.
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| domain | founded_year | HQ Location |
Easol is recognized as an all-in-one platform for experience creators.
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| domain | founded_year | HQ Location |
B2B platform for travel agents to buy flights hotels packages
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Web-enabled end-to-end procurement management solutions are provided.
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| domain | founded_year | HQ Location |
An online platform is provided for designing digital travel agencies.
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| domain | founded_year | HQ Location |
Technology solutions are provided to online travel agencies.
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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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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 Traacs
When was Traacs founded?
Traacs was founded in 2009.
Where is Traacs located?
Traacs is headquartered in Kozhikode, India. It is registered at Kozhikode, Kerala, India.
What does Traacs do?
TRAACS is a comprehensive software platform developed by Nucore Software Solutions that automates workflows for travel agencies, online travel agents, and management companies. It offers real-time accounting, financial control, and operational dashboards to reduce errors and enhance profitability. Based in India, it serves over 800 clients across 43 countries, processing millions of transactions and supporting scalability through SaaS and enterprise editions.
Who are the top competitors of Traacs?
Traacs's top competitors include Duffel, Easol and Fareportal.
What products or services does Traacs offer?
Traacs offers TRAACS Platform, TRAACS Enterprise, and TRAACS SaaS Edition.