About Tripeur
Tripeur is a company based in Bengaluru (India) founded in 2015 by Manish Raj, Thiagarajan Rajagopalan, and Sajit Chacko was acquired by Navan in April 2023.. Tripeur has raised $2.86 million across 7 funding rounds from investors including Navan, Angel List and Wellfound. The company has 47 employees as of April 04, 2024. Tripeur offers products and services including Navan Travel, Navan Expense, and Navan Connect. Tripeur operates in a competitive market with competitors including Amadeus, TravelPerk, CloudBeds, Deem and Guesty, among others.
- Headquarter Bengaluru, India
- Employees 47 as on 04 Apr, 2024
- Founders Manish Raj, Thiagarajan Rajagopalan, Sajit Chacko
- Stage Minicorn
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Sectors
TechnologyTravel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Navan Labs India Private Limited
- Date of Incorporation 23 Dec, 2015
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$451.18 K (USD)221.87as on Mar 31, 2023
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Net Profit
$-444.03 K (USD)-215.78as on Mar 31, 2023
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EBITDA
$-361.28 K (USD)-279.07as on Mar 31, 2023
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Total Equity Funding
$2.86 M (USD)
in 7 rounds
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Latest Funding Round
$67.83 K (USD), Seed
Sep 20, 2021
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Investors
Navan
& 30 more
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Employee Count
47
as on Apr 04, 2024
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Acquired by
Navan
(Apr 06, 2023)
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Products & Services of Tripeur
Tripeur offers a comprehensive portfolio of products and services, including Navan Travel, Navan Expense, and Navan Connect. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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 Total Funding
- Total Rounds 7
- Last Round Seed — $67,825
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First Round
First Round
(20 Jun 2016)
- Investors Count 30
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - Tripeur | Valuation |
investors |
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| Feb, 2021 | Amount | Seed - Tripeur | Valuation |
investors |
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| Nov, 2019 | Amount | Seed - Tripeur | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investing in seed-stage B2B SaaS companies with a focus on digital transformation and emerging tech in India.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward consumer brand startups.
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Founded Year | Domain | Location | |
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Single family office of Suman Kant Munjal, Managing Director of Rockman Industries Ltd
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tripeur
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tripeur
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tripeur Comparisons
Competitors of Tripeur
Tripeur 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 Amadeus, TravelPerk, CloudBeds, Deem and Guesty, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-based operations management is provided for hospitality and aviation sectors.
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| domain | founded_year | HQ Location |
SaaS-driven corporate travel management & booking engine platform
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| domain | founded_year | HQ Location |
Browser-based software solutions for hotels and other accomodations
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| domain | founded_year | HQ Location |
Provider of corporate travel management solutions
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| domain | founded_year | HQ Location |
Cloud-based software is provided for vacation rental management and synchronization.
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| domain | founded_year | HQ Location |
Corporate travel solutions are offered to business travelers worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tripeur
Frequently Asked Questions about Tripeur
When was Tripeur founded?
Tripeur was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Tripeur located?
Tripeur is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Tripeur?
Thiagarajan Rajagopalan is the current CEO of Tripeur. They have also founded this company.
Is Tripeur a funded 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 Seed of $544.44K, raised on Jun 20, 2016.
How many employees does Tripeur have?
As of Apr 04, 2024, the latest employee count at Tripeur is 47.
What is the annual revenue of Tripeur?
Annual revenue of Tripeur is $451.18K as on Mar 31, 2023.
What does Tripeur do?
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.
Who are the top competitors of Tripeur?
Tripeur's top competitors include TravelPerk, Amadeus and Guesty.
What products or services does Tripeur offer?
Tripeur offers Navan Travel, Navan Expense, and Navan Connect.
Who are Tripeur's investors?
Tripeur has 31 investors. Key investors include Navan, Angel List, Wellfound, LetsVenture, and Pentathlon Ventures.
What is Tripeur's valuation?
The valuation of Tripeur is $1.49M as of Sep 2021.
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