Verteil Technologies

Kochi, India Founded: 2016 • Age: 10 yrs Minicorn
Provider of cloud-based NDC aggregator platform for the airline industry

About Verteil Technologies

Verteil Technologies is a Technology company based in Kochi (India) founded in 2016 by Satheesh Satchit, Ranjit Kurian, and Jerrin Jos. Provider of cloud-based NDC aggregator platform for the airline industry. Verteil Technologies has raised $29.38 million across 7 funding rounds from investors including KSIDC, IndigoEdge and Bluebell Group. The company has 123 employees. Verteil Technologies was last valued at $33.99 million in January 2022. Its chief executive, as recorded, is Jerrin Jos. Its website verteil.com draws about 17 thousand monthly visits. Its Indian entity Verteil Technologies Private Limited reported revenue of β‚Ή25.99 Cr. Its focus areas include Travel and Hospitality Tech, Aviation IT, Passenger Service Systems and New Distribution Capability.

Company details

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.

  • Headquarters Kochi, India
  • Employees 123
  • Founders Satheesh Satchit, Ranjit Kurian, Jerrin Jos
  • Stage Minicorn
  • Sectors
    Technology
  • Website category Travel and Tourism · Air Travel
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website verteil.com
  • Social LinkedIn
  • Legal Name Verteil Technologies Private Limited
  • Date of Incorporation 23 Aug, 2016
  • Jurisdiction Kochi, Kerala, India
Key Metrics
  • Annual Revenue
    ₹25.99 Cr

    FY 2025 · +313% YoY

  • Net Loss
    -₹19.96 Cr

    FY 2025 · -77% margin

  • EBITDA
    -₹24.12 Cr

    FY 2025 · -93% margin

  • Total Equity Funding
    $29.38M (USD)

    in 7 rounds

  • Latest Funding Round
    $19.9M (USD), Series B

    May 2024

  • Investors
    KSIDC

    & 29 more

  • Employee Count
    123

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.

  • Total Funding $29.38M
  • Total Rounds 7
  • Last Round Series B β€” $19.9M
  • Investors Count 30

All 7 funding rounds of Verteil Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2024$19.9MSeries B––
–
Dec 2023$1.29MAngel Round––
Sep 2022$2.48MSeries A––
Jan 2022$3.25MSeries A$33.99MHassan Kunhi MP
May 2021$676,820Seed$12.41MBluevibe Hospitality And Logistics, Kuriakose Murickanaril Varghese
–
Feb 2021$1.78MSeed$β€’β€’β€’β€’β€’Kochouseph Chittilappilly, Bluebell Group
Jun 2017Seed–KSIDC
Valuation history
DateValuationStage
Jan 2022$33.99Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2021$12.41Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $33.99M (Jan 2022). 30 investors in total: 9 institutional and 21 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Tech startups are funded by 10 || 2 Capital Partners.
102capital.comPittsburgh, United States
bluevibehospitalityandlogistics.tcc.mode
Brand curation and omnichannel distribution services are provided across Asia.
1954bluebellgroup.comHong Kong, China
M&A and capital raising advisory firm focused on consumer brands and technology companies
2006indigoedge.comBengaluru, India
Specializes in web, mobile, and custom software development services.
2005vofoxsolutions.comKochi, India
M&A advisory services for tech companies, focusing on transactions and fund raising.
2015finlead.inErnakulam, India
Offers software products, incubation, and services for cloud, mobile, and enterprise solutions.
2007foundingminds.comFremont, United States
Serves as a government-backed organization for Kerala's industrial development.
ksidc.orgThiruvananthapuram, India
kcfoundation.in

Hassan Kunhi MP

unknown_137ad7d94af4437fb
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Investor details for Verteil Technologies

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Board of directors of Verteil Technologies Private Limited (Verteil Technologies)

Verteil Technologies Private Limited is the primary company behind Verteil Technologies. The board of Verteil Technologies Private Limited currently have 5 directors; the longest-serving is Jerrin Jos, appointed in 2016. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jerrin Jos
DIN 07526381
Managing Director23 Aug 201610 yrs 2 moVerteil Technologies Private Limited
Satheesh Satchit
DIN 07518259
Director23 Aug 201610 yrs 2 moVerteil Technologies Private Limited
Jenish Justin
DIN 07524838
Director23 Aug 201610 yrs 2 moVerteil Technologies Private Limited
Methale Purayil Hassan Kunhi
DIN 02793323
Nominee Director22 Apr 20224 yrs 6 moVerteil Technologies Private Limited
Jorg Christian Troester
DIN 10630799
Nominee Director07 Jun 20242 yrs 4 moVerteil Technologies Private Limited

People of Verteil Technologies

29 people are tracked at Verteil Technologies (11 in leadership, 18 in team); the tracked headcount is 123.

NameRoleGroup
Co-Founder & CPOLeadership
Co-Founder & CMOLeadership
Co-Founder & CEOLeadership
Abdul Bijur
Chief Growth OfficerLeadership
Prajoth Kumar
Head Of Business DevelopmentLeadership
Idicula Phillip
VP People OperationsLeadership
Nevin J Perunama
Chief Technology OfficerLeadership
Jimmy Fukumoto
Senior Partner, Partership DevelopmentLeadership
Vinod Sivashankaran
Director Of EngineeringLeadership
Biju George Varghese
Senior Director Sales - Middle EastLeadership
Idicula Philip
Vice President & Head Of People OperationsLeadership
Ajith Kumaran P
Business AnalystTeam
Vishakh Raj
Product DesignerTeam
Shivathmica Chandrasekaran
Business AnalystTeam
Arockia Raj V
Senior Software EngineerTeam
Anand Ajith
Software EngineerTeam
Clinton Nj
Senior Software EngineerTeam
Gokul Krishnan
Software EngineerTeam
Priyanka S
Senior Software EngineerTeam
Adith K V
Software EngineerTeam

9 more people are available in the full profile.

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Financials of Verteil Technologies

Figures of Verteil Technologies Private Limited, the primary company behind Verteil Technologies, for FY 2025. Revenue was ₹25.99 Cr (+313% year on year). Net loss was -₹19.96 Cr (-77% margin). EBITDA was -₹24.12 Cr (-93% margin). Revenue has grown at a compounded annual rate of +234% over three years.

  • ₹25.99 CrRevenue · FY 2025 · +313% YoY
  • -₹19.96 CrNet loss · -77% margin
  • -₹24.12 CrEBITDA · -93% margin
  • ₹10.69 CrPaid-up capital
  • 123Employees (provident fund records)
  • +234%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Verteil Technologies Private Limited are on its company page.

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Detailed financial statements for Verteil Technologies

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Timeline of Verteil Technologies

4 dated milestones of Verteil Technologies across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Verteil Technologies is founded.
  2. Funding First funding round.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B, of $19.9M.

Web traffic of Verteil Technologies

The website of Verteil Technologies (verteil.com) receives about 16.9K visits a month and ranks #1,102,588 among all websites worldwide, #3,353 in Air Travel.

  • Monthly visits
    16.9K

    ▼ 9.8% vs previous month

  • Unique visitors
    6K

    per month

  • Global rank
    #1,102,588

    among all websites

  • Category rank
    #3,353

    Travel and Tourism · Air Travel

Similar websites

Websites whose visitors overlap most with Verteil Technologies. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ndc.deals
ndc.deals
100%
#1,277,156–
goindigo.in
82%
20.2M#1,604View details
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Related news about 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 CEO of Verteil Technologies, as recorded in our data. 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.

Verteil Technologies has 123 employees.

The primary company behind Verteil Technologies, Verteil Technologies Private Limited, reported revenue of β‚Ή25.99 Cr for FY 2025, up 313% year on year.

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 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.

Verteil Technologies operates through Verteil Technologies Private Limited.

The legal entities of Verteil Technologies currently have 6 directors, including Jerrin Jos, Satheesh Satchit, Jorg Christian Troester and others.

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