About Tripeur
Tripeur is a Technology company based in Bengaluru (India) founded in 2015 by Manish Raj, Thiagarajan Rajagopalan, and Sajit Chacko, and was acquired by Navan in April 2023. AI and cloud-driven corporate travel management solutions are provided. It operates in the Technology and Travel & Hospitality sectors. Tripeur has raised $2.86 million across 7 funding rounds from investors including Navan, Angel List and Wellfound. The company has 47 employees. Tripeur was last valued at $1.49 million in September 2021. Its chief executive, as recorded, is Thiagarajan Rajagopalan. Its Indian entity Navan Labs India Private Limited reported revenue of ₹29.14 Cr. Tripeur offers products and services including Navan Travel, Navan Expense, and Navan Connect. Its focus areas include Enterprise Applications, HRTech, HRMS and Employee Mobility Management.
Company details
Tripeur was founded in 2015 in Bengaluru, India, within the corporate travel sector. AI and cloud technologies are utilized to deliver integrated solutions, including trip approval workflows, travel policy compliance checks, expense reporting tools, analytics for travel data, and employee location tracking. Operations target efficiency improvements for finance teams, travel desks, and individual travelers across organizations.
- Headquarters Bengaluru, India
- Employees 47
- Founders Manish Raj, Thiagarajan Rajagopalan, Sajit Chacko
- Stage Acquired
- SectorsTechnologyTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website tripeur.com
- Social LinkedIn X Facebook
- Acquired by Navan (Apr 2023)
- Legal Name Navan Labs India Private Limited
- Date of Incorporation 23 Dec, 2015
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Tripeur
Tripeur operates through Navan Labs India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Navan Labs India Private Limited CIN U72200KA2015PTC084890 | Active | 23 Dec 2015 | Bangalore, Karnataka | ₹29.1 Cr | 47 | 2 | View details |
Products & Services of Tripeur
Tripeur offers a comprehensive portfolio of products and services, including Navan Travel, Navan Expense, and Navan Connect.
Platform for booking and managing corporate trips within policies.
Tool for automating expense tracking and reconciliation processes.
Service to link cards for seamless transaction approvals and rewards.
Funding Insights of Tripeur
Tripeur has successfully raised a total of $2.86M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $67.83 thousand completed in September 2021. 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 $2.86M
- Total Rounds 7
- Last Round Seed — $67,825
- First Round $20,324
(Jun 2016)
- Investors Count 30
All 7 funding rounds of Tripeur 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 |
|---|---|---|---|---|---|
| Sep 2021 | $67,825 | Seed | $1.49M | – | |
| Feb 2021 | $68,373 | Seed | $1.51M | – | |
| Nov 2019 | $544,444 | Seed | $••••• | – | |
| Apr 2019 | $1.21M | Seed | $••••• | LetsVenture | |
| Mar 2018 | $600,000 | Seed | $••••• | Incubate Fund | |
| Nov 2016 | $344,391 | Seed | $••••• | – | |
| Jun 2016 | $20,324 | Angel Round | $••••• | M Sutapa Lakshmanan |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $1.49M | •••••••• |
| Feb 2021 | $1.51M | •••••••• |
| Nov 2019 | $••••• | •••••••• |
| Apr 2019 | $••••• | •••••••• |
| Mar 2018 | $••••• | •••••••• |
| Nov 2016 | $••••• | •••••••• |
Full valuation and stage history of Tripeur
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $1.49M (Sep 2021). 31 investors in total: 16 institutional and 15 angel.
Investors in Tripeur
Tripeur has secured backing from 31 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Navan, Angel List and Wellfound.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing in seed-stage B2B SaaS companies with a focus on digital transformation and emerging tech in India. | 2020 | pentathlon.vc | Pune, India | |
Venture capital investments are directed toward consumer brand startups. | Mumbai, India | |||
Single family office of Suman Kant Munjal, Managing Director of Rockman Industries Ltd | survam.com | Delhi, India | ||
Venture capital investments and startup support services are provided by Incubate Fund in Japan. | 2010 | incubatefund.com | ||
Micro venture capital fund focusing on health tech sector | Bengaluru, India | |||
SenseAI is focused on investing in AI-first startups. | senseai.ai | Gurugram, India | ||
Early-stage companies are invested in by Better Capital. | bettercapital.vc | Santa Clara, United States | ||
Alacrity India is focused on supporting entrepreneurial programs. | alacrityindia.com | |||
Venture capital fund focused on logistics tech and multiple sectors | Mumbai, India | |||
Investor details for Tripeur
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 Navan Labs India Private Limited (Tripeur)
Navan Labs India Private Limited is the primary company behind Tripeur. The board of Navan Labs India Private Limited currently have 2 directors; the longest-serving is Sajit Chacko, appointed in 2015. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sajit Chacko DIN 01846776 | Director | 23 Dec 2015 | 10 yrs 10 mo | Navan Labs India Private Limited |
| Howard M Baik DIN 10119916 | Director | 16 May 2023 | 3 yrs 5 mo | Navan Labs India Private Limited |
People of Tripeur
6 people are tracked at Tripeur (3 in leadership, 3 in team); the tracked headcount is 47.
| Name | Role | Group |
|---|---|---|
Manish Raj | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Dipanjan Das | Operations Manager | Team |
Subhankar Das | Senior Travel Counselor | Team |
Aakash Kapoor | Senior Manager - Growth | Team |
Complete people profiles for Tripeur
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 Tripeur
Figures of Navan Labs India Private Limited, the primary company behind Tripeur, for FY 2024. Revenue was ₹29.14 Cr (+677% year on year). Net profit was ₹3.40 Cr (12% margin). EBITDA was ₹5.48 Cr (19% margin). Revenue has grown at a compounded annual rate of +254% over three years and +76% over five years.
- ₹29.14 CrRevenue · FY 2024 · +677% YoY
- ₹3.40 CrNet profit · 12% margin
- ₹5.48 CrEBITDA · 19% margin
- ₹3.2 LakhPaid-up capital
- 47Employees (provident fund records)
- +254%Revenue CAGR, 3 years
- +76%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Navan Labs India Private Limited are on its company page.
Detailed financial statements for Tripeur
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 Tripeur
5 dated milestones of Tripeur across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Tripeur is founded.
- Funding First funding round of $20K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $68K.
- Exit Acquired by Navan.
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Related news about Tripeur
Complete news archive for Tripeur
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Frequently Asked Questions about Tripeur
Tripeur was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Tripeur is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Thiagarajan Rajagopalan is the CEO of Tripeur, as recorded in our data. They have also founded this company.
Tripeur is a funded company, having raised a total of $2.86M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $20.32K, raised on Jun 2016.
Tripeur has 47 employees.
The primary company behind Tripeur, Navan Labs India Private Limited, reported revenue of ₹29.14 Cr for FY 2024, up 677% year on year.
Tripeur was founded in 2015 in Bengaluru, India, within the corporate travel sector. AI and cloud technologies are utilized to deliver integrated solutions, including trip approval workflows, travel policy compliance checks, expense reporting tools, analytics for travel data, and employee location tracking. Operations target efficiency improvements for finance teams, travel desks, and individual travelers across organizations.
Tripeur offers Navan Travel, Navan Expense, and Navan Connect.
Tripeur has 31 investors. Key investors include Navan, Angel List, Wellfound, LetsVenture, and Pentathlon Ventures.
The valuation of Tripeur is $1.49M as of Sep 2021.
Tripeur operates through Navan Labs India Private Limited.
Yes. Tripeur was acquired by Navan in April 2023.