ITQ Technologies - About the company
ITQ Technologies is a late stage company based in Gurugram (India), founded in 2005 by Rahul Bhatia. It operates as a Provider of technology solutions designed to streamline travel retailing processes. ITQ Technologies has raised $340M in funding from investors like Standard Chartered, UBS and DBS Bank, with a current valuation of $*****. The company has 107 active competitors, including 11 funded and 12 that have exited. Its top competitors include companies like TBO, Mondee and TBO Holidays.
Company Details
Provider of technology solutions designed to streamline travel retailing processes. The company offers a platform built for travel agencies, providing tools to enhance customer experiences. It focuses on simplifying complexities within the travel industry by offering faster and easier methods for travel retailing. The platform aims to provide intuitive digital experiences.
- Website
- itq.in
- Email ID
- *****@itq.in
- Phone Number
- +91 **********
- Registered Address
- 1st Floor, Space No. 4, Scindia House, Outer Circle, Connaught Place, Connaught Place, Central Delhi, New Delhi, Delhi, India, 110001
Key Metrics
Founded Year
2005
Location
Gurugram, India
Stage
Late Stage
Total Funding
$340M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 04, 2017
Investors
Ranked
10th among 107 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
226 as on Apr 30, 2025
Legal entities associated with ITQ Technologies
ITQ Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ITQ TECHNOLOGIES PRIVATE LIMITED CIN: U74999DL2005PTC132134 , India, Active | Jan 14, 2005 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 220 (As on May 01, 2026) |
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ITQ Technologies's funding and investors
ITQ Technologies has raised a total funding of $340M over 2 rounds. Its first funding round was on Jan 10, 2008. Its latest funding round was a PE round on Oct 04, 2017 for $*****. 1 investor participated in its latest round. ITQ Technologies has 11 institutional investors.
Here is the list of recent funding rounds of ITQ Technologies:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 04, 2017 | 8991275 | PE | 6198302 | 7628625 | 6803393 | 5634329 |
Jan 10, 2008 | 4688296 | PE | 6651632 | 9215027 | 9272873 |
View details of ITQ Technologies's funding rounds and investors
ITQ Technologies' founders and board of directors
Founder? Claim ProfileThe founders of ITQ Technologies is Rahul Bhatia.
Here are the details of ITQ Technologies' key team members:
- Rahul Bhatia: Co-Founder of ITQ Technologies. They are also an angel investor in 1 startup and serve on the boards of 3 companies.Contact Info: 1 phone number
ITQ Technologies' Board of Directors
ITQ Technologies's board has 4 active members. Rahul Bhatia, Neena Gupta and Anil Parashar are part of team and Kanwal jeet Singh Bakshi is independent board member.Here is the list of ITQ Technologies' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 21y 6m | |
kzmnbhf | Team | - | Past | 3y 2m |
wwupndn | Team | - | Current | 7y 6m |
hiwuhav | Team | - | Current | 5y 6m |
syvrmoa | Team | - | Past | 9y 1m |
n{rfxct | Investor | idcjbpn | Past | 2y 7m |
fmdpddi | Investor | dbajdbt | Past | 7y 3m |
Independent board member | - | Current | 2y 11m | |
jowaljc | Independent board member | - | Past | 3y 1m |
rtwkpvr | Independent board member | - | Past | 9y 7m |
do{apyd | Independent board member | - | Past | 2y 4m |
View details of ITQ Technologies's Founder profiles and Board Members
ITQ Technologies' employee count trend
ITQ Technologies has 226 employees as of Apr 25. Here is ITQ Technologies's employee count trend over the years:
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ITQ Technologies's Competitors and alternates
Top competitors of ITQ Technologies include TBO, Mondee and TBO Holidays. Here is the list of Top 10 competitors of ITQ Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform connecting travel buyers and suppliers for booking various travel services | $61M | 73/100 | ||
2nd | Mondee 2011, California City (United States), Acquired | Provider of an AI-powered marketplace connecting travel agents with travel inventory | - | 60/100 | |
3rd | TBO Holidays 2006, Dubai (United Arab Emirates), Unfunded | Platform connecting travel agents, hoteliers, suppliers, and wholesalers globally | - | - | 57/100 |
4th | Provider of global distribution and sourcing for flights and hotels | $2.59M | 57/100 | ||
5th | AI and web-enabled flight ancillary distribution and pricing engine solution provider | $6.64M | 55/100 | ||
6th | DidaTravel 2012, Shenzhen (China), Series B | B2B hotel consolidator | $7.9M | 53/100 | |
7th | TPConnects 2005, Dubai (United Arab Emirates), Series A | Provider of technology solutions for airline and travel seller content distribution | $4.5M | 53/100 | |
8th | TravelX 2021, Miami (United States), Seed | Blockchain-based network for the travel industry | $10M | 53/100 | |
9th | Travelfusion 2000, London (United Kingdom), Acquired | Provider of travel content aggregation and distribution via direct connect XML API | $500K | 51/100 | |
10th | ITQ Technologies 2005, Gurugram (India), Late Stage | Provider of technology solutions designed to streamline travel retailing processes | $340M | 48/100 |
Looking for more details on ITQ Technologies's competitors? Click here to see the top ones
ITQ Technologies's Investments and acquisitions
ITQ Technologies has made no investments or acquisitions yet.
Reports related to ITQ Technologies
Here is the latest report on ITQ Technologies's sector:
News related to ITQ Technologies
•
Travomint Announces its Renewal of a Long-term Contract with ITQ to Further Enhance Global Travel ServicesBusinessnewsthisweek•Oct 05, 2024•Travomint, ITQ Technologies
•
ITQ and EaseMyTrip Announce Agreement Worth $10 milliontraveltrendstoday.in•Sep 27, 2021•ITQ Technologies, EaseMyTrip
•
InterGlobe Technology Quotient awarded the prestigious Golden Peacock Award for Risk Management 2018Travelbizmonitor•Dec 12, 2018•ITQ Technologies
•
MakeMyTrip Strikes Deal with InterGlobe Technology Quotient For Travelport Commerce PlatformMarket Exclusive•Aug 24, 2017•MakeMyTrip, ITQ Technologies
•
MakeMyTrip inks pact to use ITQ’s e-comm platform - The Hindu BusinessLine
Business Line•Aug 23, 2017•MakeMyTrip, ITQ Technologies
•
MakeMyTrip to Use the Travelport PlatformPR Newswire•Aug 22, 2017•Travelport, MakeMyTrip, ITQ Technologies
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