About TravelSpice
TravelSpice was a Travel & Hospitality company based in Bengaluru (India) founded in 2007 by Ramakrishna Kallepalli, Prashant Satyananda Mitta, and Dhanasekar Kesavanaidu Bandhu. An online platform that allows users to bid on hotel prices for affordable bookings. It operates on a B2C model. TravelSpice has raised $340.1 thousand across 5 funding rounds from investors including Government of Karnataka, Eagle10 Ventures and Ravi Puli. TravelSpice was last valued at $922.43 thousand in January 2018. Its chief executive, as recorded, is Ramakrishna Kallepalli. Its Indian entity Travelspice Now Private Limited reported revenue of ₹13.4 Lakh. The company is recorded as dissolved. Its focus areas include Travel and Tourism, Hospitality, Online Platforms and Hotel Bidding. Its competitors include FindMyStay, HotelBids and Bid2travel; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Founders Ramakrishna Kallepalli, Prashant Satyananda Mitta, Dhanasekar Kesavanaidu Bandhu
- SectorsTravel & Hospitality
- Website travelspice.com
- Social X Facebook
- Legal Name Travelspice Now Private Limited
- Date of Incorporation 06 Feb, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹13.4 Lakh
FY 2019 · +60% YoY
- Net Loss-₹1.92 Cr
FY 2019 · -1437% margin
- EBITDA-₹1.92 Cr
FY 2019 · -1431% margin
- Total Equity Funding$340.1K (USD)
in 5 rounds
- Latest Funding Round$214.5K (USD), Angel Round
Jan 2018
- InvestorsGovernment of Karnataka
& 26 more
Associated legal entities of TravelSpice
TravelSpice operates through Travelspice Now Private Limited (under process of striking off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Travelspice Now Private Limited CIN U63090KA2017PTC099667 | Under Process Of Striking Off | 06 Feb 2017 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details |
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.
- Total Funding $340,100
- Total Rounds 5
- Last Round Angel Round — $214,500
- Investors Count 27
All 5 funding rounds of TravelSpice 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 |
|---|---|---|---|---|---|
| Jan 2018 | $214,500 | Angel Round | $922,429 | Ravi Puli, Sudipan Sharma | |
| Jan 2018 | $234,919 | Grant | – | – | |
| May 2017 | $125,600 | Seed | $698,067 | – | |
| Jun 2016 | Seed | – | – | ||
| Jun 2007 | Seed | – | – | – |
Last known valuation $922,429 (Jan 2018). 27 investors in total: 3 institutional and 24 angel.
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 |
|---|---|---|---|---|
Early-stage investment in technology-driven startups in India, focusing on teams, customers, and growth. | 2017 | eagle10ventures.com | Bengaluru, India | |
Venture building, startup incubation, and funding services are provided by FasterCapital. | fastercapital.com | |||
Public administration services in Karnataka, focusing on education, health, and governance. | 1956 | karnataka.gov.in | Bengaluru, India | |
RP Ravi Puli | unknown_072e5b603b4046b49 | |||
SS Sudipan Sharma | unknown_82c4990044d749d6a | |||
DB Dinesh Bhatt | unknown_4e21650f17f44fdb9 | |||
RP Ramesh Phatak | unknown_3f16d416f0bb40628 | |||
PK Pawan K Gupta | unknown_1d9594a94c5f4a92b | |||
BN Bhupathiraju Neelavathi | unknown_476beb48f42448a9b | |||
SK Santhosh Kumar Joga | unknown_21ffa98651b84f14b |
Investor details for TravelSpice
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Travelspice Now Private Limited (TravelSpice)
Travelspice Now Private Limited is the primary company behind TravelSpice. The board of Travelspice Now Private Limited currently have 2 directors; the longest-serving is Ramakrishna Kallepalli, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramakrishna Kallepalli DIN 02053140 | Director | 06 Feb 2017 | 9 yrs 9 mo | Travelspice Now Private Limited |
| Dhanasekar Kesavanaidu Bandhu DIN 07269341 | Director | 03 Jul 2017 | 9 yrs 4 mo | Travelspice Now Private Limited |
People of TravelSpice
3 people are tracked at TravelSpice (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for TravelSpice
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 TravelSpice
Figures of Travelspice Now Private Limited, the primary company behind TravelSpice, for FY 2019. Revenue was ₹13.4 Lakh (+60% year on year). Net loss was -₹1.92 Cr (-1437% margin). EBITDA was -₹1.92 Cr (-1431% margin).
- ₹13.4 LakhRevenue · FY 2019 · +60% YoY
- -₹1.92 CrNet loss · -1437% margin
- -₹1.92 CrEBITDA · -1431% margin
- ₹2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Travelspice Now Private Limited are on its company page.
Detailed financial statements for TravelSpice
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 TravelSpice
3 dated milestones of TravelSpice across 11 years, from founding to its latest funding, stage changes and deals.
- Founded TravelSpice is founded.
- Funding First funding round.
- Funding Latest funding round, Angel Round, of $214K.
Competitors of TravelSpice
TravelSpice has 3 listed competitors in our database, 1 of them funded. They include FindMyStay, HotelBids and Bid2travel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| findmystay.com | 2012 | Delhi, India | 2 | Online platform to search & book hotel rooms and bid for hotel prices | ||
| hotelbids.com | 2015 | Gurugram, India | $200,000 | 2 | Hotels are booked through reverse bidding on an online platform. | |
| bid2travel.com | 2009 | Delhi, India | Operates an online bidding platform for securing discounted hotel prices. |
Detailed competitors of TravelSpice
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.
Web traffic of TravelSpice
Websites that share an audience with TravelSpice (travelspice.com).
Websites whose visitors overlap most with TravelSpice. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| musafir.com | 100% | 160.3K | #224,350 | View details | |
| deckchair.com | 100% | View details | |||
| looknbook.com | 64% | View details |
Top companies in Online Travel
3 companies that operate in the same segment as TravelSpice (Online Travel) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 399 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 425 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Travelspice
Complete news archive for TravelSpice
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 CEO of TravelSpice, as recorded in our data. They have also founded this company.
TravelSpice is a funded company, having raised a total of $340.1K across 5 funding rounds to date.
The primary company behind TravelSpice, Travelspice Now Private Limited, reported revenue of ₹13.4 Lakh for FY 2019, up 60% year on year.
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.
TravelSpice operates through Travelspice Now Private Limited.
The legal entities of TravelSpice currently have 2 directors, including Ramakrishna Kallepalli, Dhanasekar Kesavanaidu Bandhu.