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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.
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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
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2015
Employee Count
39 as on Jul 31, 2026
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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
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MGHWorld's founders and board of directors

Founder? Claim Profile
The founders of MGHWorld is Varun Chawla.
Here are the details of MGHWorld's key team members:

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

MGHWorld's employee count trend

MGHWorld has 39 employees as of Jul 26. Here is MGHWorld's employee count trend over the years:
Employee count trend for MGHWorld
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Amadeus
Amadeus
1987, Madrid (Spain), Public
SaaS-based operations management solution for the hospitality and aviation industry
-
81/100
2nd
Logo for Emerging Travel Group
Emerging Travel Group
2010, Wilmington (United States), Series C
Developer of online platforms for travel agencies, corporate and individual clients
$62M
74/100
3rd
Logo for CloudBeds
CloudBeds
2012, San Diego (United States), Series D
Provider of a platform for hospitality operations, distribution, and marketing
$253M
71/100
4th
Logo for SiteMinder
SiteMinder
2006, Sydney (Australia), Public
Provider of a hotel commerce platform for marketing, sales, and management
$105M
71/100
5th
Logo for Sabre
Sabre
1960, Southlake (United States), Public
Provider of technology solutions for airlines, travel agencies, and corporate travel
-
66/100
6th
Logo for WeTravel
WeTravel
2014, San Francisco (United States), Series C
Online platform for organizing group trips
$126M
65/100
7th
Logo for Travel Boutique Online
Travel Boutique Online
2006, Gurugram (India), Acquired
Provider of a platform for travel buyers and suppliers to connect
$11.3M
65/100
8th
Logo for ZEN Rooms
ZEN Rooms
2015, Singapore (Singapore), Series B
Provider of cloud-based platform delivering solutions for the travel and hospitality industries
$20.1M
65/100
9th
Logo for HotelRunner
HotelRunner
2011, Delaware City (United States), Series A
Provider of a platform for managing and growing hospitality businesses
$8.5M
61/100
10th
Provider of software for airline distribution and travel content aggregation
$4.5M
60/100
43rd
Logo for MGHWorld
MGHWorld
2010, Noida (India), Seed
Cloud based channel manager and hotel management platform
$1.7M
36/100
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MGHWorld's Latest cap tables and shareholding

Founders (largest shareholder) own 54.30%, Enterprises own 38.34% and Angels own 7.36%. The net worth of MGHWorld's founders is INR 15.5Cr as of Mar 16, 2013.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
54.30%
15.5Cr
8027992
1112299
8843581
7766676
3428457
3694093
6842604
8793006
9125084
5615769
Enterprise
38.34%
10.9Cr
1527892
1605590
6740639
7338802
Angel
7.36%
2.1Cr
3206533
8048033
2765666
1847745
228
352
216
879
523
707
Total
100.00%
28.5Cr
3822276
7318984
9980491
5225572
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of MGHWorld's Shareholding

MGHWorld's Investments and acquisitions

MGHWorld has made no investments or acquisitions yet.

Reports related to MGHWorld

Here is the latest report on MGHWorld's sector:

FAQs about MGHWorld

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