Metripping Technologies Pvt Ltd

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Metripping Technologies Pvt Ltd - overview

Established

2016

Location

Bangalore, -, India

Primary Industry

Software

About

Metripping Technologies Pvt Ltd, operating as Pathfndr. io, specializes in travel technology, utilizing machine learning and geospatial analysis to optimize dynamic travel packages for industry clients. Founded in 2016 in Bangalore, India, Metripping Technologies Pvt Ltd offers innovative technology solutions for the travel sector. The company has executed four deals, with the most recent in October 2022 involving a Seed round of INR 15.


2 million led by Arali Ventures, JAZFund, and KPB Family Trust. Varun Gupta serves as the CEO and was also the founder of the company. The firm has achieved a current valuation of INR 308. 199 million.


Pathfndr. io specializes in providing intelligent dynamic packages designed for the travel industry through advanced data analytics, machine learning, and geospatial analysis. Their core offerings leverage decision-making algorithms that analyze over 40 million air and land routes to optimize travel solutions. The company’s tools utilize deep learning and natural language processing (NLP) to enhance intent matching, while an improvised Analytic Hierarchy Process (AHP) model incorporates domain-specific knowledge to improve travel package relevancy.


Target clientele includes medium and large travel advisors, airlines, hospitality brands, and Destination Management Companies (DMCs) seeking to streamline their package offerings and enhance customer experiences. Pathfndr. io operates primarily in markets such as India and the United States, collaborating with travel agencies and airlines to implement their solutions and improve operational efficiencies. In the most recent fiscal year of 2023, Pathfndr.


io reported a revenue of INR 132,597. 7 and an EBITDA of INR -801,162. 3. The company generates revenue through a combination of subscription services and partnerships with various entities in the travel sector, engaging in B2B transactions that allow travel advisors, airlines, and hotel partners to utilize their technology for dynamic holiday packages and other travel solutions.


Metripping Technologies Pvt Ltd plans to leverage the recent Seed funding of INR 15. 2 million raised in October 2022 to enhance its product offerings and expand its reach. The company aims to introduce new features and products specifically designed for the travel market by mid-2024. Additionally, there are plans to enter new geographic regions, including further expansion within the Indian subcontinent and targeted efforts in the United States, aiming to establish a stronger presence by the end of 2024.


Current Investors

Wayfare Ventures, Arali Ventures, Salamander Advisors

Primary Industry

Software

Sub Industries

Travel & Tourism, Internet, Systems Management Software, Analytics & Performance Software

Website

www.pathfndr.io

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Metripping Technologies Pvt Ltd - timeline of key events

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Metripping Technologies Pvt Ltd - financials

Fiscal Year EndedMar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)286,58939,35990,284584,8153,337,3801,049,556---
% Revenue Growth (YoY)-(86.3%)129.4%547.8%470.7%(68.6%)---
EBITDA (USD)(275,431)(4,022,200)(7,016,486)(15,560,358)(19,464,310)(21,354,988)---
Operating Income (USD)(276,072)(4,033,032)(7,188,117)(15,755,453)(19,706,527)(21,476,829)---
Operating Margin(96.3%)(10246.8%)(7961.7%)(2694.1%)(590.5%)(2046.3%)---
% EBITDA Margin(96.1%)(10219.3%)(7771.6%)(2660.7%)(583.2%)(2034.7%)---
NET Income (USD)(276,072)(4,033,032)(7,150,803)(15,717,658)(19,578,940)(21,526,566)---
% Net Margin(96.3%)(10246.8%)(7920.3%)(2687.6%)(586.7%)(2051.0%)---

Metripping Technologies Pvt Ltd - employee data

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