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 $29.38 million across 7 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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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
$29.38 M (USD)
in 7 rounds
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Latest Funding Round
$19.9 M (USD), Series B
May 03, 2024
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Investors
KSIDC
& 29 more
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Employee Count
123
as on Mar 21, 2024
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People of Verteil Technologies
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Funding Insights of Verteil Technologies
Verteil Technologies has successfully raised a total of $29.38M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $19.9 million completed in May 2024. 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 Verteil Technologies
Verteil Technologies has secured backing from 30 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include KSIDC, IndigoEdge and Bluebell Group.
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Tech startups are funded by 10 || 2 Capital Partners.
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Brand curation and omnichannel distribution services are provided across Asia.
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Investor details for Verteil Technologies
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Investments & Acquisitions by Verteil Technologies
Investment portfolio details for Verteil Technologies
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Financial Statements - Verteil Technologies
Detailed financials for Verteil Technologies
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Verteil Technologies Comparisons
Peer comparison for Verteil Technologies
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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.
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Airlines are supported by Vayant's travel technology platform for flights.
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NDC-compliant airline distribution solutions are offered to travel agents.
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Delivers NDC-based, e-retail-driven passenger service systems for airline networks.
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Delivers customer-focused solutions for airline distribution and order management.
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Delivers web-based solutions for airline retailing and inventory management.
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Detailed competitors of Verteil Technologies
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Latest news on Verteil Technologies
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Frequently Asked Questions about Verteil Technologies
Verteil Technologies was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Verteil Technologies is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
Jerrin Jos is the current CEO of Verteil Technologies. They have also founded this company.
Verteil Technologies is a funded company, having raised a total of $29.38M across 7 funding rounds to date.
As of Mar 21, 2024, the latest employee count at Verteil Technologies is 123.
Annual revenue of Verteil Technologies is $735.83K as on Mar 31, 2024.
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.
Verteil Technologies's top competitors include Vayant, AirGateway and Amber Aero.
Verteil Technologies has 30 investors. Key investors include KSIDC, IndigoEdge, Bluebell Group, Vofox Solutions, and FinLead.
The valuation of Verteil Technologies is $33.99M as of Jan 2022.