About Travalate
Travalate is a Retail company based in Jaipur (India) founded in 2017 by Venu Sethi. Luggage bags and accessories are offered via an online platform. It operates in the Retail and Travel & Hospitality sectors. Travalate has raised $335 thousand across 2 funding rounds. Its Indian entity Travalate Holidays Private Limited reported revenue of ₹9 Lakh. Travalate offers products and services including Backpacks, Duffle Bags, Toiletry Kits, and Packing Cubes. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Accessories. Its competitors include Mokobara, uppercase and Assembly; 3 of its 3 listed competitors have raised funding.
Company details
Travalate was founded in 2017 in Jaipur, India, as an e-commerce platform focused on luggage and accessories. A catalog of products including backpacks, duffle bags, storage bags, pouches, sling bags, and related items is maintained. Features such as weather resistance and tear resistance are incorporated into the offerings. Operations are conducted primarily through the domain travalate.co.in, with Venu Sethi serving as founder.
- Headquarters Jaipur, India
- Founders Venu Sethi
- SectorsRetailTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website travalate.co.in
- Social LinkedIn Facebook Instagram
- Legal Name Travalate Holidays Private Limited
- Date of Incorporation 18 Sep, 2019
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹9 Lakh
FY 2023 · +791% YoY
- Net Profit₹53,575
FY 2023 · 6% margin
- EBITDA₹56,186
FY 2023 · 6% margin
- Total Equity Funding$335K (USD)
in 2 rounds
- Latest Funding Round$300K (USD), Angel Round
Oct 2022
Associated legal entities of Travalate
Travalate operates through Travalate Holidays Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Travalate Holidays Private Limited CIN U63030RJ2019PTC066334 | Active | 18 Sep 2019 | Jaipur, Rajasthan | ₹0.1 Cr | 2 | View details |
Products & Services of Travalate
Travalate offers a comprehensive portfolio of products and services, including Backpacks, Duffle Bags, Toiletry Kits, and Packing Cubes.
Bags designed for carrying travel essentials with multiple compartments.
Flexible bags for storage and transport during trips.
Organizers for personal care items on the go.
Tools to sort and compress clothing in luggage.
Funding Insights of Travalate
Travalate has successfully raised a total of $335K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $300 thousand completed in October 2022. 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.
- Total Funding $335,000
- Total Rounds 2
- Last Round Angel Round — $300,000
- First Round $35,000
(Apr 2022)
All 2 funding rounds of Travalate with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2022 | $300,000 | Angel Round | – | – | – |
| Apr 2022 | $35,000 | Seed | – | – | – |
Board of directors of Travalate Holidays Private Limited (Travalate)
Travalate Holidays Private Limited is the primary company behind Travalate. The board of Travalate Holidays Private Limited currently have 2 directors; the longest-serving is Amit Paliwal, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Paliwal DIN 08565896 | Director | 18 Sep 2019 | 7 yrs 1 mo | Travalate Holidays Private Limited |
| Hemlata DIN 08565897 | Director | 18 Sep 2019 | 7 yrs 1 mo | Travalate Holidays Private Limited |
People of Travalate
1 people are tracked at Travalate (1 in leadership).
| Name | Role | Group |
|---|---|---|
Venu Sethi | Founder | Leadership |
Complete people profiles for Travalate
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Travalate
Figures of Travalate Holidays Private Limited, the primary company behind Travalate, for FY 2023. Revenue was ₹9 Lakh (+791% year on year). Net profit was ₹53,575 (6% margin). EBITDA was ₹56,186 (6% margin). Revenue has grown at a compounded annual rate of +239% over three years.
- ₹9 LakhRevenue · FY 2023 · +791% YoY
- ₹53,575Net profit · 6% margin
- ₹56,186EBITDA · 6% margin
- ₹1 LakhPaid-up capital
- +239%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Travalate Holidays Private Limited are on its company page.
Detailed financial statements for Travalate
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Travalate
3 dated milestones of Travalate across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Travalate is founded.
- Funding First funding round of $35K.
- Funding Latest funding round, Angel Round, of $300K.
Competitors of Travalate
Travalate has 3 listed competitors in our database, 3 of them funded. They include Mokobara, uppercase and Assembly.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mokobara.com | 2019 | Bengaluru, India | $22.41M | 224 | Provider of luggage, backpacks, totes, handbags, briefcases, and travel accessories | |
| uppercase.co.in | 2021 | Bengaluru, India | $19.58M | 81 | Handcrafted eco-friendly luggage and backpack bags are sold online. | |
| assemblytravel.com | 2018 | Gurugram, India | $2.48M | 38 | Luggage bags and travel accessories are offered online by Assembly. |
Detailed competitors of Travalate
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Travalate (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 143.24 M | USD 32.66 M | 711 |
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Frequently Asked Questions about Travalate
Travalate was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Travalate is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Travalate is a funded company, having raised a total of $335K across 2 funding rounds to date. The company's 1st funding round was a Seed of $35K, raised on Apr 2022.
The primary company behind Travalate, Travalate Holidays Private Limited, reported revenue of ₹9 Lakh for FY 2023, up 791% year on year.
Travalate was founded in 2017 in Jaipur, India, as an e-commerce platform focused on luggage and accessories. A catalog of products including backpacks, duffle bags, storage bags, pouches, sling bags, and related items is maintained. Features such as weather resistance and tear resistance are incorporated into the offerings. Operations are conducted primarily through the domain travalate.co.in, with Venu Sethi serving as founder.
Travalate offers Backpacks, Duffle Bags, Toiletry Kits, and Packing Cubes.
Travalate operates through Travalate Holidays Private Limited.
The legal entities of Travalate currently have 2 directors, including Amit Paliwal, Hemlata.