About Verchaska
Verchaska is a company based in Navi Mumbai (India) founded in 2000 by Aniket Upganlawar. Verchaska has raised $20.98 million across 7 funding rounds from investors including Times Internet, Peak XV Partners and Alteria Capital. The company has 1 employees as of March 28, 2024. Verchaska offers products and services including VE.Enterprise and VE.Mobile. Verchaska operates in a competitive market with competitors including Amadeus, Travelport, Sabre, Mondee and RateGain, among others.
- Headquarter Navi Mumbai, India
- Employees 1 as on 28 Mar, 2024
- Founders Aniket Upganlawar
- Stage Minicorn
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Sectors
Travel & Hospitality
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Email
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Phone
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Website
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Social
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- Legal Name Varank Tech Private Limited
- Date of Incorporation 18 Feb, 2020
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$824.05 K (USD)-10.34as on Mar 31, 2023
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Net Profit
-$540.49 K (USD)-396.81as on Mar 31, 2023
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EBITDA
-$459.21 K (USD)-460.69as on Mar 31, 2023
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Total Equity Funding
$20.98 M (USD)
in 7 rounds
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Latest Funding Round
$78.12 K (USD), Series B
Apr 21, 2020
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Investors
Times Internet
& 9 more
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Employee Count
1
as on Mar 28, 2024
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Products & Services of Verchaska
Verchaska offers a comprehensive portfolio of products and services, including VE.Enterprise and VE.Mobile.
Manages transaction processing and integrations for travel companies.
Enables 24/7 booking of flights and hotels for travel agencies.
Funding Insights of Verchaska
Verchaska has successfully raised a total of $20.98M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $78.12 thousand completed in April 2020. 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.
Investors in Verchaska
Verchaska has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Times Internet, Peak XV Partners and Alteria Capital.
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Venture debt funding and structured finance for innovative startups in India.
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Venture capital fund focused on making growth equity investments across tech startups
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Venture capital firm investing in startups and providing support programs.
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Investor details for Verchaska
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Investments & Acquisitions by Verchaska
Investment portfolio details for Verchaska
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Financial Statements - Verchaska
Detailed financials for Verchaska
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Verchaska Comparisons
Peer comparison for Verchaska
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Competitors of Verchaska
Verchaska 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, Travelport, Sabre, Mondee and RateGain, among others.
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SaaS-based operations management is provided for hospitality and aviation sectors.
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Blockchain and SaaS solutions are delivered for travel providers.
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Business management solutions are offered to travel service providers.
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SaaS solutions are delivered for travel professionals' tech needs.
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SaaS solutions for hospitality revenue and operations management are delivered.
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Turnkey solutions and tools are offered for travel agencies.
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Detailed competitors of Verchaska
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Latest news on Verchaska
Complete news archive for Verchaska
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Frequently Asked Questions about Verchaska
Verchaska was founded in 2000 and raised its 1st funding round 13 years after it was founded.
Verchaska is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
Rajiv Menon is the current CEO of Verchaska.
Verchaska is a funded company, having raised a total of $20.98M across 7 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Verchaska is 1.
Annual revenue of Verchaska is $824.05K as on Mar 31, 2023.
Verchaska was founded in 2000 in Navi Mumbai, India. Business management software is delivered through a SaaS model for the travel sector. Complete transaction processing is handled for travel companies, with integrations to GDS, CRS, and payment gateways. Support is extended to B2C, B2B, and B2E models. Various sales channels are integrated, including corporate self-booking tools and expense management systems.
Verchaska's top competitors include Amadeus, Travelport and Sabre.
Verchaska offers VE.Enterprise and VE.Mobile.
Verchaska has 10 investors. Key investors include Times Internet, Peak XV Partners, Alteria Capital, Greyhound Capital Management, and AXIOM Capital.
The valuation of Verchaska is $55.69M as of Apr 2020.