About Verteil Technologies
Verteil Technologies is a company based in Kochi (India) founded in 2016 by Satheesh Satchit, Ranjit Kurian, and Jerrin Jos.. Verteil Technologies has raised $5.71 million across 4 funding rounds from investors including KSIDC, IndigoEdge and Bluebell Group. The company has 123 employees as of March 21, 2024. Verteil Technologies operates in a competitive market with competitors including Vayant, AirGateway, Amber Aero, Retailaer and Pribas, among others.
- Headquarter Kochi, India
- Employees 123 as on 21 Mar, 2024
- Founders Satheesh Satchit, Ranjit Kurian, Jerrin Jos
- Stage Minicorn
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Sectors
Technology
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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 Verteil Technologies Private Limited
- Date of Incorporation 23 Aug, 2016
- Jurisdiction Kochi, Kerala, India
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Annual Revenue
$735.83 K (USD)149.56as on Mar 31, 2024
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Net Profit
$-2.5 M (USD)-102.79as on Mar 31, 2024
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EBITDA
$-2.1 M (USD)-69.65as on Mar 31, 2024
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Total Equity Funding
$5.71 M (USD)
in 4 rounds
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Latest Funding Round
$3.25 M (USD), Series A
Jan 07, 2022
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Investors
KSIDC
& 28 more
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Employee Count
123
as on Mar 21, 2024
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Funding Insights of Verteil Technologies
Verteil Technologies has successfully raised a total of $5.71M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.25 million completed in January 2022. 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 4
- Last Round Series A — $3.3M
- First Round First Round
- Investors Count 29
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series A - Verteil Technologies | Valuation | Hassan Kunhi MP | |
| May, 2021 | Amount | Seed - Verteil Technologies | Valuation | Bluevibe Hospitality And Logistics , Kuriakose Murickanaril Varghese |
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| Feb, 2021 | Amount | Seed - Verteil Technologies | Valuation | Kochouseph Chittilappilly , Bluebell Group |
| 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 Verteil Technologies
Verteil Technologies has secured backing from 29 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include KSIDC, IndigoEdge and Bluebell Group. 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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Tech startups are funded by 10 || 2 Capital Partners.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Brand curation and omnichannel distribution services are provided across Asia.
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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 Verteil Technologies
| 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 - Verteil Technologies
| 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 |
Verteil Technologies Comparisons
Competitors of Verteil Technologies
Verteil Technologies 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 Vayant, AirGateway, Amber Aero, Retailaer and Pribas, 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 |
Airlines are supported by Vayant's travel technology platform for flights.
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| domain | founded_year | HQ Location |
NDC-compliant airline distribution solutions are offered to travel agents.
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| domain | founded_year | HQ Location |
Delivers NDC-based, e-retail-driven passenger service systems for airline networks.
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| domain | founded_year | HQ Location |
Delivers customer-focused solutions for airline distribution and order management.
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| domain | founded_year | HQ Location |
Delivers web-based solutions for airline retailing and inventory management.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Verteil Technologies
Frequently Asked Questions about Verteil Technologies
When was Verteil Technologies founded?
Verteil Technologies was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Verteil Technologies located?
Verteil Technologies is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
Who is the current CEO of Verteil Technologies?
Jerrin Jos is the current CEO of Verteil Technologies. They have also founded this company.
Is Verteil Technologies a funded company?
Verteil Technologies is a funded company, having raised a total of $5.71M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.78M, raised on Jun 01, 2017.
How many employees does Verteil Technologies have?
As of Mar 21, 2024, the latest employee count at Verteil Technologies is 123.
What is the annual revenue of Verteil Technologies?
Annual revenue of Verteil Technologies is $735.83K as on Mar 31, 2024.
What does Verteil Technologies do?
Verteil Technologies was founded in 2016 in Kochi, India, and operates within the airline sector. A cloud-based NDC aggregator platform is offered to connect suppliers with products for sale and enable consumer access. A B2B travel portal is included for searching, booking, and modifying airline content. Additional services encompass product information, revenue management, process automation, and analytics.
Who are the top competitors of Verteil Technologies?
Verteil Technologies's top competitors include Vayant, AirGateway and Amber Aero.
Who are Verteil Technologies's investors?
Verteil Technologies has 29 investors. Key investors include KSIDC, IndigoEdge, Bluebell Group, Vofox Solutions, and FinLead.
What is Verteil Technologies's valuation?
The valuation of Verteil Technologies is $33.99M as of Jan 2022.