When was Mihuru founded?

Mihuru was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Who is the current CEO of Mihuru?

Shruti Mehrotra of Mihuru. They have also founded 1 company.

Which legal entities is Mihuru associated with?

Mihuru is associated with ITRAVELEO PRIVATE LIMITED.

How many employees does Mihuru have?

As of Aug 31, 2025, the latest employee count at Mihuru is 18.

Is Mihuru a funded company?

Mihuru is a funded company, having raised a total of $897K across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 04, 2018.

How much is Mihuru worth?

The latest valuation of Mihuru is $***** as of May 27, 2024.

When was the latest funding round of Mihuru?

Mihuru's latest funding was a $***** Seed round on May 27, 2024, with participation from 1 investor.

What is the annual revenue of Mihuru?

Annual revenue of Mihuru is less than ₹10 Cr as on Mar 31, 2025

Where does Mihuru rank among its competitors?

Mihuru ranks 2nd amongst 21 active competitors, of which 6 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Laters.com, which secured $1.5M in Sep, 2026.

Who are the top competitors of Mihuru?

Mihuru's top competitors include Fly Now Pay Later, Airfordable and Laters.com. Among them, Laters.com secured the most recent funding round in September, 2026.

Mihuru - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Credit for travel businesses and travellers: GoFurther, GoBuild, GoGlobal; LSP to RBI-regulated NBFCs.

Website: www.mihuru.com
Social
Email ID: *****@mihuru.com
Phone Number: +91 **********
Registered Address: 58th Floor, 5805, Two ICC, , Island City Centre, G.D. Amebkar Marg, Near Wadala Telephone Exchange, Dadar (East), Dadar, Mumbai, Mumbai, Maharashtra, India, 400014

Key Metrics

Founded Year

2018

Stage

Seed

Total Funding

$897K in 8 rounds

Latest Funding Round

Seed, May 27, 2024, $*****

Post Money Valuation

$***** as on May 27, 2024

Investors

Chandirani Holdings & 8 more

Ranked

2^nd among 21 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

18 as on Aug 31, 2025

Investment & Acquisitions

Monedo

Similar Companies

Fly Now Pay Later & 23 more

View Mihuru's full profile

Mihuru is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ITRAVELEO PRIVATE LIMITED CIN: U74999MH2016PTC288272 , India, Active	Dec 07, 2016	0 - ₹10 Cr (As on Mar 31, 2025)	18 (As on Aug 31, 2025)

Mihuru has raised a total funding of $897K over 8 rounds. Its first funding round was on Apr 04, 2018. Its latest funding round was a Seed round on May 27, 2024 for $*****. 1 investor participated in its latest round. Mihuru has 6 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Mihuru:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 27, 2024	1938624	Seed	1500744	1296672	8531654	3926540
Dec 02, 2022	4619987	Seed	1421310	5620125	6104042	9636400
Sep 13, 2021	2159805	Seed	7154664	1826873	Chandirani Holdings	4484183

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View details of Mihuru's funding rounds and investors

The founders of Mihuru are Jonathan Nunez Gonzalez and Shruti Mehrotra. Shruti Mehrotra is the CEO of Mihuru.

Here are the details of Mihuru's key team members:

Jonathan Nunez Gonzalez: Co-Founder of Mihuru. They serve on the board of 1 company.
Shruti Mehrotra: Co-Founder & CEO of Mihuru. They serve on the board of 1 company.
Contact Info: 1 email address and 2 phone numbers

Mihuru's Board of Directors

Mihuru's board has 4 active members. Jonathan Nunez Gonzalez, Shruti Mehrotra, Kolla Srinivasu and Sunita Mehrotra are part of team.

Here is the list of Mihuru's board of directors:

Name	Type	Representing	Status	Duration
pjfgswt	Team	-	Past	8y 6m
reyppvg	Team	-	Past	5y 9m
pfkjnij	Team	-	Past	4y 3m
xwhsrzt	Investor	-	Past	6y 9m

View details of Mihuru's Founder profiles and Board Members

Mihuru's employee count trend

Mihuru has 18 employees as of Aug 25. The total employee count is 28.0% lower than what it was in Aug 24. Here is Mihuru's employee count trend over the years:

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Top competitors of Mihuru include Fly Now Pay Later, Airfordable and Laters.com. Here is the list of Top 10 competitors of Mihuru, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fly Now Pay Later 2013, London (United Kingdom), Series A	Online marketplace for purchase financing focused on traveling sectors	$62.5M	Revenio Capital, Atalaya Capital Management ... & 3 others	54/100
2nd	Mihuru 2018, Seed	Provider of travel financing and cross-border payment solutions for travel businesses and travellers	$897K	Village Capital, VLS Finance & 7 others	43/100
3rd	Airfordable 2016, Chicago (United States), Seed	Fly now, pay later: Flexible flight installment plans	$120K	Y Combinator, Builders VC & 2 others	42/100
4th	Laters.com 2023, Singapore (Singapore), Seed	Online travel agency for flights	$1.5M	XBO	40/100
5th	Tripmoney 2014, Gurugram (India), Funding Raised	Online marketplace for travel loans	-	-	38/100
6th	Slice 2018, Pyrmont (Australia), Seed	Provider of payment management solutions for travel services	$7.5M	Peak XV Partners, Roadnight Capital	37/100
7th	Ulysse 2017, Paris (France), Funding Raised	Online platform to book flight tickets	-	Kima Ventures, Frst Capital & 3 others	34/100
8th	Pana Iran, Unfunded	Platform offering business travel solutions	-	-	31/100
9th	PowerCredit 2019, Sao Paulo (Brazil), Unfunded	Online platform for point of sale financing	-	-	26/100
10th	Easy Umrah with Korpri 2019, Unfunded	Online platform for point of sale financing	-	-	26/100

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ITRAVELEO PRIVATE LIMITED, the legal entity associated with Mihuru, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of ITRAVELEO PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 62% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	9770	7673	9359	5719	7114
Total Sales	2484	1371	7057	6752	4202
Total Expenses	8868	3531	8357	3507	5265
Operating Expenses	5006	6237	8738	5389	7638
Employee Expenses	4203	5309	7860	6646	4363
Operating Income (EBIT)	1113	5753	5434	6213	6388
Interest Expenses	6358	4014	5922	4385	7480
Expenses from other activities	2981	1725	5331	4308	2685
EBITDA	1610	3143	7488	1805	4877
Taxes	1118	2618	6046	5393	6748
Net Profit	8025	2390	9962	3753	4579
Balance Sheet
Assets	8813	5505	4684	2446	4118
Accounts Receivables	5386	2288	2900	4885	7686
Inventory	4261	6534	8597	2286	8859
Liabilities	9945	8708	4335	5958	3043
Total Debt	3665	3998	6954	3672	7187
Accounts Payable	7330	7727	3594	3670	4018
Equities	7096	4017	6364	3242	2863

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders (largest shareholder) own 56.43%, Funds own 4.20%, Enterprises own 33.91% and Angels own 3.33%. The net worth of Mihuru's founders is INR 16.4Cr as of May 27, 2024. The cap table displayed below is for ITRAVELEO PRIVATE LIMITED which is the legal entity associated with Mihuru.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	56.43%	16.4Cr	2353070	7924322	5775899	7509674
Shruti Mehrotra	8974942	6107016	4538330	4211438	1526442	4251716
Fund	4.20%	1.22Cr	4598	1889	8225	7711
Enterprise	33.91%	9.88Cr	3768553	3139091	3308166	8167237
Angel	3.33%	96.9L	570	864	489	872
Other People	2.13%	62.1L	70	33	93	27
Total	100.00%	29.1Cr	8374352	6548796	5247142	5225854