Online Marketplace Company Investment Opportunity in Bhubaneswar, India
Established | 5-10 year(s) |
Employees | 50 - 100 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1.1 million |
Run Rate Sales | USD 1.1 million |
EBITDA Margin | Nil |
Industries | Online Marketplace |
Locations | Bhubaneswar |
Local Time | 4:53 PM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
- The company is a SaaS-based hotel tech start-up dedicated to enhancing direct bookings and reducing acquisition costs through its modern all-in-one hotel operating system, allowing hotel owners and managers to Sell-Manage-Market their properties with the integration of marketing automation, AI, and analytics.
- With a robust financial performance, the company has achieved an ARR of 9 Cr, showcasing a remarkable 2x Year-over-Year growth.
- Boasting a substantial customer base, the company serves over 2,800 customers, including 1,900 paying customers, with an impressive 94% customer retention rate.
- The start-up has garnered substantial support from marquee investors such as Mumbai Angels, IPV, TiA, and IM venture Dubai, with 80% of the funding round already secured. Demonstrating financial prowess,
- (CAC of INR 23,000 and a noteworthy customer lifetime value (LTV) of INR 1.6 lakhs.
- The company's influence extends to tourism development corporations, with 8 entities, including Kerala Tourism and Tamil Nadu Tourism, utilizing its full stack.
- The extensive connectivity is evident through its integration with 300+ channels and over 300 integrations, providing a comprehensive solution for hotel management.
- Featuring advanced functionalities like an AI-based price recommendation engine and review automation, the company stands as a recognized and trusted choice in the hotel tech industry.
- Currently the company is functioning at break-even.
- Services we offer are channel manager/PMS/CRM/booking engine/chatbot.
- Clients are hotel owners and managers.
Apart from the IP, the business owns furniture, fixtures and office equipment.
It will be answered after the introduction.
The capitalization overview will be answered after the introduction.
-
Earlier than 15 daysCEO, Online Travel Agency, Delhi, Corporate Investor / Buyer connected with the Business