MGHWorld - About the company
MGHWorld is a seed company based in Noida (India), founded in 2010 by Varun Chawla. It operates as a Cloud based channel manager and hotel management platform. MGHWorld has raised $1.7M in funding from MakeMyTrip, with a current valuation of $*****. The company has 436 active competitors, including 23 funded and 34 that have exited. Its top competitors include companies like Amadeus, Emerging Travel Group and CloudBeds.
Company Details
Cloud based channel manager and hotel management platform. It offers a cloud platform for both hotels, travel agents, distributors and corporate travel to manage their businesses online.
- Website
- mghworld.net
- Registered Address
- A-65A, NIZAMUDDIN EAST, NEW DELHI, Delhi, India, 110013
Key Metrics
Founded Year
2010
Location
Noida, India
Stage
Seed
Total Funding
$1.7M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 16, 2013
Investors
Ranked
43rd among 436 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2015
Employee Count
39 as on Jul 31, 2026
Legal entities associated with MGHWorld
MGHWorld is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MY GUEST HOUSE ACCOMMODATIONS PRIVATE LIMITED CIN: U55101DL2010PTC203380 , India, Active | May 31, 2010 | 0 - ₹10 Cr (As on Mar 31, 2015) | - |
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MGHWorld's funding and investors
MGHWorld has raised a total funding of $1.7M over 3 rounds. Its first funding round was on Aug 31, 2011. Its latest funding round was a Seed round on Mar 16, 2013 for $*****. 1 investor participated in its latest round. MGHWorld has 1 institutional investor and 4 angel investors.
Here is the list of recent funding rounds of MGHWorld:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 16, 2013 | 7364015 | Seed | 4775637 | 2994524 | 6990680 | 7255991 |
Dec 07, 2011 | 4908520 | Seed | 2157385 | 6255750 | 8054827 | 9867518 |
Aug 31, 2011 | 7472332 | Angel | 5782480 | 8257046 | 2924494 |
View details of MGHWorld's funding rounds and investors
MGHWorld's founders and board of directors
Founder? Claim ProfileThe founders of MGHWorld is Varun Chawla.
Here are the details of MGHWorld's key team members:
- Varun Chawla: Former Co-Founder of MGHWorld and founder of 3 other companies, 91Springboard, Build3 and MyGuestHouse. They serve on the board of 1 company.Contact Info: 1 phone number
MGHWorld's Board of Directors
MGHWorld's board has 3 active members. Shefali Relhan, Jitender Arora and Akbar Mandal are independent board members.Here is the list of MGHWorld's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 11y 8m | |
uufchjc | Independent board member | - | Current | 2y 7m |
ajsrpcw | Independent board member | - | Current | 9y 4m |
View details of MGHWorld's Founder profiles and Board Members
MGHWorld's employee count trend
MGHWorld has 39 employees as of Jul 26. Here is MGHWorld's employee count trend over the years:
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MGHWorld's Competitors and alternates
Top competitors of MGHWorld include Amadeus, Emerging Travel Group and CloudBeds. Here is the list of Top 10 competitors of MGHWorld, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SaaS-based operations management solution for the hospitality and aviation industry | - | 81/100 | ||
2nd | Emerging Travel Group 2010, Wilmington (United States), Series C | Developer of online platforms for travel agencies, corporate and individual clients | $62M | 74/100 | |
3rd | CloudBeds 2012, San Diego (United States), Series D | Provider of a platform for hospitality operations, distribution, and marketing | $253M | 71/100 | |
4th | SiteMinder 2006, Sydney (Australia), Public | Provider of a hotel commerce platform for marketing, sales, and management | $105M | 71/100 | |
5th | Sabre 1960, Southlake (United States), Public | Provider of technology solutions for airlines, travel agencies, and corporate travel | - | 66/100 | |
6th | WeTravel 2014, San Francisco (United States), Series C | Online platform for organizing group trips | $126M | 65/100 | |
7th | Travel Boutique Online 2006, Gurugram (India), Acquired | Provider of a platform for travel buyers and suppliers to connect | $11.3M | 65/100 | |
8th | Provider of cloud-based platform delivering solutions for the travel and hospitality industries | $20.1M | 65/100 | ||
9th | HotelRunner 2011, Delaware City (United States), Series A | Provider of a platform for managing and growing hospitality businesses | $8.5M | 61/100 | |
10th | TPConnects Technologies 2005, Dubai (United Arab Emirates), Acquired | Provider of software for airline distribution and travel content aggregation | $4.5M | 60/100 | |
43rd | Cloud based channel manager and hotel management platform | $1.7M | 36/100 |
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MGHWorld's Investments and acquisitions
MGHWorld has made no investments or acquisitions yet.
Reports related to MGHWorld
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