About Traviate
Traviate is a company based in Noida (India) founded in 2016 was acquired by EaseMyTrip in November 2021. Traviate has raised $679.94 thousand across 2 funding rounds from investors including Praveen Chugh and EaseMyTrip. Traviate operates in a competitive market with competitors including CloudBeds, Guesty, Shiji, StayNTouch and Hotelogix, among others.
- Headquarter Noida, India
- SectorsTechnologyTravel & Hospitality
- Email••••••••
- Website traviate.com
- Social LinkedIn X Facebook
- Acquired by EaseMyTrip (Nov 2021)
- Annual Revenue$27.79 K (USD)284as on Mar 31, 2021
- Net Profit-$228.8 K (USD)-373as on Mar 31, 2021
- EBITDA-$228.24 K (USD)-256as on Mar 31, 2021
- Total Equity Funding$679.94K (USD)
in 2 rounds
- Latest Funding Round$173.6K (USD), Angel Round
Mar 2019
- InvestorsEaseMyTrip
& 1 more
- Acquired byEaseMyTrip
(Nov 2021)
Associated legal entities of Traviate
Traviate is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Traviate Private Limited CIN U63040DL2013PTC258561 | Active | 30 Sep 2013 | Delhi, Delhi | – | – | 2 | View details |
| Travatar Online Private Limited CIN U63000DL2015PTC285995 | Active | 05 Oct 2015 | New Delhi, Delhi | – | – | 2 | View details |
| Traviate Online Private Limited CIN U63090DL2015PTC285413 | Active | 19 Sep 2015 | New Delhi, Delhi | ₹0.0 Cr | – | 2 | View details |
Funding Insights of Traviate
Traviate has successfully raised a total of $679.94K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $173.6 thousand completed in March 2019. 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 $679,941
- Total Rounds 2
- Last Round Angel Round — $173,596
- First Round $506,345
(Apr 2018)
- Investors Count 1
All 2 funding rounds of Traviate 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 |
|---|---|---|---|---|---|
| Mar 2019 | $173,596 | Angel Round | – | – | |
| Apr 2018 | $506,345 | Angel Round | – | Praveen Chugh | – |
2 investors in total: 1 institutional and 1 angel.
Investors in Traviate
Traviate has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Praveen Chugh and EaseMyTrip.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PC Praveen Chugh | - | – | unknown_c3ab755662294fdf8 | - |
- | – | easymytrip.com | - |
Investor details for Traviate
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 Traviate
The boards of the 3 registered companies of Traviate currently have 2 directors; the longest-serving is Pranita Baveja, appointed in 2018. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pranita Baveja DIN 00024946 | Director | 01 Apr 2018 | 8 yrs 6 mo | Travatar Online Private Limited, Traviate Private Limited, Traviate Online Private Limited |
| Ranita Chugh DIN 07027473 | Director | 08 May 2019 | 7 yrs 5 mo | Travatar Online Private Limited, Traviate Private Limited, Traviate Online Private Limited |
Financials of Traviate
Figures of Traviate Online Private Limited, the primary company behind Traviate, for FY 2024. Revenue was ₹1,140 (-98% year on year). Net loss was -₹32,516 (-2851% margin). EBITDA was -₹30,218 (-2649% margin). Revenue has grown at a compounded annual rate of -92% over three years and -76% over five years.
- ₹1,140Revenue · FY 2024 · -98% YoY
- -₹32,516Net loss · -2851% margin
- -₹30,218EBITDA · -2649% margin
- ₹1 LakhPaid-up capital
- -92%Revenue CAGR, 3 years
- -76%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Traviate Online Private Limited are on its company page.
Detailed financial statements for Traviate
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 Traviate
4 dated milestones of Traviate across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Traviate is founded.
- Funding First funding round of $506K.
- Funding Latest funding round, Angel Round, of $174K.
- Exit Acquired by EaseMyTrip.
Competitors of Traviate
Traviate 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 CloudBeds, Guesty, Shiji, StayNTouch and Hotelogix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cloudbeds.com | 2012 | San Diego, United States | $246.94M | 172 | Browser-based software solutions for hotels and other accomodations | |
| guesty.com | 2013 | Walnut, United States | $409.25M | – | Cloud-based software is provided for vacation rental management and synchronization. | |
| shijigroup.com | 1998 | Beijing, China | $458.66M | – | Cloud-based property management solutions for hospitality are provided. | |
| stayntouch.com | 2012 | Bethesda, United States | $60.8M | 69 | Property management software is delivered through a SaaS platform. | |
| hotelogix.com | 2008 | Singapore | $9.97M | 162 | Cloud-based hotel management system | |
| rategain.com | 2004 | London, United Kingdom | $64.87M | 12 | SaaS solutions for hospitality revenue and operations management are delivered. | |
| canarytechnologies.com | 2017 | San Francisco, United States | $175.15M | 106 | Enterprise hospitality technology solutions are provided for business operations. | |
| mews.com | 2012 | Amsterdam, Netherlands | $409.99M | – | Cloud-based software for hotel and hostel operations is managed. | |
| apaleo.com | 2017 | Munich, Germany | $31.23M | 32 | Cloud-based ERP system for hotel operations is provided. |
Detailed competitors of Traviate
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.
Latest news on Traviate
Complete news archive for Traviate
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.
Similar companies to Traviate
10 companies that operate in the same segment as Traviate (Enterprise Resource Planning), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 1991 | Loughborough, England, United Kingdom | USD 1.49 B | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Cloud-based ERP software is provided for automotive and manufacturing sectors. | 1972 | Austin, Texas, United States | USD 229.28 M | – | 834 | |
Cloud-based ERP software is provided for project-driven organizations. | 1983 | Herndon, Virginia, United States | USD 107.08 M | – | – | |
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | – | – | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M | – | – | |
Cloud-based accounting and payroll solutions for small and medium businesses | 1981 | United States | – | USD 4.54 M | – | |
Cloud-based ERP software is delivered for multiple industries. | 1998 | Redwood City, California, United States | USD 119.92 M | – | – |
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Frequently Asked Questions about Traviate
Traviate was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Traviate is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Traviate is a funded company, having raised a total of $679.94K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $506.35K, raised on Apr 2018.
Annual revenue of Traviate is $27.79K as on Mar 31, 2021.
Traviate was founded in 2016 in Noida, India, as a SaaS-based platform in the hospitality sector. Core operations include native apps for corporate bookings, integration of ground transportation with hotel reservations, tools for employee-specific policies, connections between aggregators and vendors, credit systems for agents, and property management software that handles beds, rooms, and floors independently. Flight notifications, ground transport options, and automated check-in processes are also supported.
Traviate's top competitors include Guesty, CloudBeds and Canary Technologies.
Traviate has 2 investors. Key investors include Praveen Chugh, and EaseMyTrip.
Traviate is associated with 3 legal entities: Travatar Online Private Limited, Traviate Private Limited, Traviate Online Private Limited.
Yes. Traviate was acquired by EaseMyTrip in November 2021.
The legal entities of Traviate currently have 2 directors, including Ranita Chugh, Pranita Baveja.