Trip38

Bengaluru, India Founded: 2013 • Age: 13 yrs
Travel itineraries and alerts are managed through a mobile app.

About Trip38

Trip38 is a Travel & Hospitality company based in Bengaluru (India) founded in 2013. Travel itineraries and alerts are managed through a mobile app. Trip38 has raised $1 million across 1 funding round from investors including InterGlobe Enterprises. Its Indian entity Trip38 Technologies Private Limited reported revenue of β‚Ή18.4 Lakh. Its focus areas include Consumer, Online Travel, Trip Planning and Post-Booking.

Company details

Trip38 is a mobile-first travel assistant app offering an itinerary display comprising of flight tickets, hotel reservations, car rentals, taxi rides, attractions and even event bookings in a single place. Along with this, it provides travel status alerts and reminders such as check-ins and baggage allowance etc after users forward booking e-mails. Also provides offline access for recognizing current location of the user along with serving as a local guide to locate nearby restaurants, hotels, events etc. Available on Android. The app is downloaded in 70 countries according to the team, with database of over 350K hotels and 180K attractions in over 30K cities. App gets revenue through paid partnership with hotels, travel agents and tourism boards. Raised about Rs 6 crore (1 million) in funding from InterGlobe Technology Quotient, the parent of Indigo airlines, and Singapore based Lantern Capital.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹18.4 Lakh

    FY 2024

  • Net Profit
    ₹17.4 Lakh

    FY 2024 · 95% margin

  • EBITDA
    ₹17.4 Lakh

    FY 2024 · 95% margin

  • Total Equity Funding
    $1M (USD)

    in 1 rounds

  • Latest Funding Round
    $1M (USD), Seed

    Nov 2014

  • Investors

Funding Insights of Trip38

Trip38 has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in November 2014. 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 $1M
  • Total Rounds 1
  • Last Round Seed β€” $1M
  • First Round $1M

    (Nov 2014)

  • Investors Count 1

All 1 funding rounds of Trip38 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2014$1MSeed–InterGlobe Enterprises
–
Valuation history

1 investors in total: 1 institutional.

Investors in Trip38

Trip38 has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include InterGlobe Enterprises.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Passenger airline and aviation services are provided internationally.
1989interglobe.comGurugram, India
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Investor details for Trip38

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 Trip38 Technologies Private Limited (Trip38)

Trip38 Technologies Private Limited is the primary company behind Trip38. The board of Trip38 Technologies Private Limited currently have 3 directors; the longest-serving is Niranjan Rajaram Gupta, appointed in 2014. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Niranjan Rajaram Gupta
DIN 00187867
Director02 Jun 201412 yrs 4 moTrip38 Technologies Private Limited
Seshadri Krishnan
DIN 02488973
Director11 Sep 201412 yrs 1 moTrip38 Technologies Private Limited
Sandeep Dwivedi
DIN 07218674
Director07 Aug 201511 yrs 2 moTrip38 Technologies Private Limited

Financials of Trip38

Figures of Trip38 Technologies Private Limited, the primary company behind Trip38, for FY 2024. Revenue was ₹18.4 Lakh. Net profit was ₹17.4 Lakh (95% margin). EBITDA was ₹17.4 Lakh (95% margin). Revenue has grown at a compounded annual rate of +9% over five years.

  • ₹18.4 LakhRevenue · FY 2024
  • ₹17.4 LakhNet profit · 95% margin
  • ₹17.4 LakhEBITDA · 95% margin
  • ₹11 LakhPaid-up capital
  • +9%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Trip38 Technologies Private Limited are on its company page.

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Detailed financial statements for Trip38

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 Trip38

2 dated milestones of Trip38 across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Trip38 is founded.
  2. Funding First funding round of $1.0M.

Top companies in Online Travel

3 companies that operate in the same segment as Trip38 (Online Travel) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online bookings for flights, hotels, and travel packages are facilitated.
2000Gurugram, Haryana, IndiaUSD 39 MUSD 1.04 B5,120
Online platform providing multiple travel booking services
2007Gurugram, Haryana, IndiaUSD 96.62 MUSD 130.88 M465
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
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Frequently Asked Questions about Trip38

Trip38 was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Trip38 is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Trip38 is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Nov 2014.

The primary company behind Trip38, Trip38 Technologies Private Limited, reported revenue of β‚Ή18.4 Lakh for FY 2024.

Trip38 is a mobile-first travel assistant app offering an itinerary display comprising of flight tickets, hotel reservations, car rentals, taxi rides, attractions and even event bookings in a single place. Along with this, it provides travel status alerts and reminders such as check-ins and baggage allowance etc after users forward booking e-mails. Also provides offline access for recognizing current location of the user along with serving as a local guide to locate nearby restaurants, hotels, events etc. Available on Android. The app is downloaded in 70 countries according to the team, with database of over 350K hotels and 180K attractions in over 30K cities. App gets revenue through paid partnership with hotels, travel agents and tourism boards. Raised about Rs 6 crore (1 million) in funding from InterGlobe Technology Quotient, the parent of Indigo airlines, and Singapore based Lantern Capital.

Trip38 has 1 investor. Key investors include InterGlobe Enterprises.

Trip38 operates through Trip38 Technologies Private Limited.

The legal entities of Trip38 currently have 3 directors, including Niranjan Rajaram Gupta, Seshadri Krishnan, Sandeep Dwivedi.

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