About Travel Grid
Travel Grid is a company based in Bengaluru (India) founded in 2003. Travel Grid has raised $348.53 thousand across 1 funding round from investors including KITVEN, Poornaprajna Technologies and Mohan Sindhghatta. The company has 4 employees as of April 07, 2024. Travel Grid operates in a competitive market with competitors including Ramp, Navan, Brex, Spendesk and Concur, among others.
- Headquarter Bengaluru, India
- Employees 4 as on 07 Apr, 2024
- Stage Minicorn
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Sectors
TechnologyTravel & Hospitality
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Phone
Locked
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Website
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Social
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- Legal Name Channel Mentor It Solutions Private Limited
- Date of Incorporation 09 Dec, 2003
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$77.63 K (USD)45.49as on Mar 31, 2023
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Net Profit
$31.94 K (USD)123.26as on Mar 31, 2023
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EBITDA
$17.32 K (USD)49.7as on Mar 31, 2023
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Total Equity Funding
$348.53 K (USD)
in 1 rounds
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Latest Funding Round
$348.53 K (USD), Seed
Mar 11, 2013
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Investors
KITVEN
& 18 more
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Employee Count
4
as on Apr 07, 2024
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Funding Insights of Travel Grid
Travel Grid has successfully raised a total of $348.53K through 1 strategic funding round. The most recent funding activity was a Seed round of $348.53 thousand completed in March 2013. 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 Travel Grid
Travel Grid has secured backing from 19 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include KITVEN, Poornaprajna Technologies and Mohan Sindhghatta.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund backed by government financial institutions focused on early and growth stage startups
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Delivers comprehensive solutions in mobile app, web development, e-commerce, and marketing services.
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MS
Mohan Sindhghatta |
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Investor details for Travel Grid
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Investments & Acquisitions by Travel Grid
Investment portfolio details for Travel Grid
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Financial Statements - Travel Grid
Detailed financials for Travel Grid
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Travel Grid Comparisons
Peer comparison for Travel Grid
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- Named peers
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Competitors of Travel Grid
Travel Grid 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 Ramp, Navan, Brex, Spendesk and Concur, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Spend management and accounts payable solutions are delivered to businesses.
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Corporate travel and expense management are facilitated through SaaS platform.
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SaaS-driven credit card and spend management solutions platform for businesses
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Provider of prepaid cards for financial benefits of employees
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| Locked | Locked | Locked |
Corporate travel expenses and invoices are managed via SaaS platform.
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SaaS expense management solutions for business travel are provided.
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Detailed competitors of Travel Grid
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Latest news on Travel Grid
Complete news archive for Travel Grid
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Frequently Asked Questions about Travel Grid
Travel Grid was founded in 2003 and raised its 1st funding round 10 years after it was founded.
Travel Grid is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Travel Grid is a funded company, having raised a total of $348.53K across 1 funding round to date.
As of Apr 07, 2024, the latest employee count at Travel Grid is 4.
Annual revenue of Travel Grid is $77.63K as on Mar 31, 2023.
Founded in 2003 and based in Bengaluru, India, Travel Grid operates in the travel management sector. Automation solutions are provided for corporate travel, including budget control, alerts, coordination with travel desks and agents, invoice handling, audit trails, and integration with HR and finance ERPs. Travel analytics are also supported. Additional products cover customer management, channel management, and educational institution operations.
Travel Grid has 19 investors. Key investors include KITVEN, Poornaprajna Technologies, Mohan Sindhghatta, Jyothi N, and Sreeharsha K R.
The valuation of Travel Grid is $4.88M as of Mar 2013.