About TravelSpice
TravelSpice is a company based in Bengaluru (India) founded in 2007 by Ramakrishna Kallepalli, Prashant Satyananda Mitta, and Dhanasekar Kesavanaidu Bandhu. It operates as a B2C. TravelSpice has raised $340.1 thousand across 5 funding rounds from investors including Government of Karnataka, Eagle10 Ventures and Ravi Puli. TravelSpice operates in a competitive market with competitors including FindMyStay, HotelBids and Bid2travel, among others.
- Headquarter Bengaluru, India
- Founders Ramakrishna Kallepalli, Prashant Satyananda Mitta, Dhanasekar Kesavanaidu Bandhu
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Sectors
Travel & Hospitality
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Phone
Locked
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Website
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Social
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- Legal Name Travelspice Now Private Limited
- Date of Incorporation 06 Feb, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$19.03 K (USD)0as on Mar 31, 2019
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$340.1 K (USD)
in 5 rounds
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Latest Funding Round
$214.5 K (USD), Angel Round
Jan 25, 2018
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Investors
Government of Karnataka
& 26 more
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Employee Count
Not available
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Funding Insights of TravelSpice
TravelSpice has successfully raised a total of $340.1K across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $214.5 thousand completed in January 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 TravelSpice
TravelSpice has secured backing from 27 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Government of Karnataka, Eagle10 Ventures and Ravi Puli.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investment in technology-driven startups in India, focusing on teams, customers, and growth.
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Venture building, startup incubation, and funding services are provided by FasterCapital.
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Public administration services in Karnataka, focusing on education, health, and governance.
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Investor details for TravelSpice
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Investments & Acquisitions by TravelSpice
Investment portfolio details for TravelSpice
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Financial Statements - TravelSpice
Detailed financials for TravelSpice
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Travelspice Comparisons
Peer comparison for TravelSpice
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Competitors of TravelSpice
TravelSpice 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 FindMyStay, HotelBids and Bid2travel, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform to search & book hotel rooms and bid for hotel prices
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Hotels are booked through reverse bidding on an online platform.
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Operates an online bidding platform for securing discounted hotel prices.
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Detailed competitors of TravelSpice
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Latest news on Travelspice
Complete news archive for TravelSpice
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Frequently Asked Questions about TravelSpice
TravelSpice was founded in 2007.
TravelSpice is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ramakrishna Kallepalli is the current CEO of TravelSpice. They have also founded this company.
TravelSpice is a funded company, having raised a total of $340.1K across 5 funding rounds to date.
Annual revenue of TravelSpice is $19.03K as on Mar 31, 2019.
TravelSpice, led by Ramakrishna Kallepalli as Co-Founder, CEO, Prashant Satyananda Mitta as Co-Founder, Dhanasekar Kesavanaidu Bandhu as Co-Founder, specializes in travel and tourism, offering hospitality services, online platforms, and hotel bidding. An online platform that allows users to bid on hotel prices for affordable bookings. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
TravelSpice's top competitors include FindMyStay, HotelBids and Bid2travel.
TravelSpice has 27 investors. Key investors include Government of Karnataka, Eagle10 Ventures, Ravi Puli, Sudipan Sharma, and Dinesh Bhatt.
The valuation of TravelSpice is $922.43K as of Jan 2018.