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{{AfC submission|||ts= | {{AfC submission|||ts=20260813145105|u=Prashant1|ns=118}} | ||
{{Short description|Indian travel technology company}} | {{Short description|Indian travel technology company}} | ||
{{Infobox company | {{Infobox company | ||
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| hq_location_country = India | | hq_location_country = India | ||
| key_people = Sanjay Ghare (Co-founder and CEO) | | key_people = Sanjay Ghare (Co-founder and CEO) | ||
| products = Hotel Mapping, Room Mapping, | | products = Hotel Mapping, Room Mapping, Profit Maximizer | ||
| parent = Juniper Group ([[Constellation Software]]) | | parent = Juniper Group ([[Constellation Software]]) | ||
| website = {{URL|https://vervotech.com/}} | | website = {{URL|https://vervotech.com/}} | ||
}} | }} | ||
'''Vervotech''' is an Indian travel technology company headquartered in [[Pune]], [[Maharashtra]]. The company develops artificial intelligence-based accommodation data products, including hotel mapping, room mapping and | '''Vervotech''' is an Indian travel technology company headquartered in [[Pune]], [[Maharashtra]]. The company develops artificial intelligence-based accommodation data products, including hotel mapping, room mapping and supplier optimisation solutions used by online travel agencies, hotel wholesalers, and travel technology providers worldwide.<ref name="yourstory">{{cite news |last=Bhattacharyya |first=Sindhu |title=Using artificial intelligence, this SaaS startup is helping travel agencies consolidate hotel inventory |url=https://yourstory.com/2020/07/artificial-intelligence-saas-pune-startup-vervotech-travel-agencies |work=YourStory |date=28 July 2020 |access-date=13 August 2026}}</ref><ref name="phocuswire">{{cite news |last=Fox |first=Linda |title=Vervotech acquired as Constellation continues acquisition spree |url=https://www.phocuswire.com/vervotech-acquired-constellation-acquisition-spree |work=PhocusWire |date=18 August 2023 |access-date=13 August 2026}}</ref> | ||
Founded in October 2018 by former colleagues from Tavisca Solutions, Vervotech was acquired in August 2023 by Juniper Group, a subsidiary of Vela Software within [[Constellation Software]].<ref name="phocuswire" /><ref name="getlatka">{{cite web |title=Travel SaaS Vervotech hits 70% YoY growth, joins Juniper |url=https://getlatka.com/blog/this-hotel-tech-saas-just-exited-to-constellation-group-after-hitting-30-ebitda-margin-and-sharing-25-of-profits-with-employees/ |website=Get Latka |date=25 September 2023 |access-date=13 August 2026}}</ref> | Founded in October 2018 by former colleagues from Tavisca Solutions, Vervotech was acquired in August 2023 by Juniper Group, a subsidiary of Vela Software within [[Constellation Software]].<ref name="phocuswire" /><ref name="getlatka">{{cite web |title=Travel SaaS Vervotech hits 70% YoY growth, joins Juniper |url=https://getlatka.com/blog/this-hotel-tech-saas-just-exited-to-constellation-group-after-hitting-30-ebitda-margin-and-sharing-25-of-profits-with-employees/ |website=Get Latka |date=25 September 2023 |access-date=13 August 2026}}</ref> | ||
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== Products == | == Products == | ||
Vervotech's primary products focus on standardising | Vervotech's primary products focus on standardising accommodation data and optimising supplier selection for the travel industry: | ||
* '''Vervotech Mappings''' — a hotel-level mapping product that consolidates and de-duplicates hotel inventory from multiple suppliers using artificial intelligence and natural language processing.<ref name="yourstory" /> | * '''Vervotech Mappings''' — a hotel-level mapping product that consolidates and de-duplicates hotel inventory from multiple suppliers using artificial intelligence and natural language processing.<ref name="yourstory" /> | ||
* '''Room Mapping''' — a room-level data standardisation product that matches equivalent room types across different suppliers.<ref name="phocuswire" /> | * '''Room Mapping''' — a room-level data standardisation product that matches equivalent room types across different suppliers.<ref name="phocuswire" /> | ||
* ''' | * '''Profit Maximizer''' — a supplier optimisation product that helps travel companies select the most profitable supplier for each booking based on real-time margin analysis. | ||
According to the company, its products are used by more than 1,000 online travel companies and travel technology firms worldwide.<ref name="phocuswire" /> | According to the company, its products are used by more than 1,000 online travel companies and travel technology firms worldwide.<ref name="phocuswire" /> | ||
Revision as of 14:51, 13 August 2026
| Industry | Travel technology |
|---|---|
| Founded | October 2018 |
| Founder(s)s | Sanjay Ghare, Dharmendra Ladi |
| Headquarters | Pune , India |
Key people | Sanjay Ghare (Co-founder and CEO) |
| Products | Hotel Mapping, Room Mapping, Profit Maximizer |
| Parent | Juniper Group (Constellation Software) |
| Website | vervotech |
Vervotech is an Indian travel technology company headquartered in Pune, Maharashtra. The company develops artificial intelligence-based accommodation data products, including hotel mapping, room mapping and supplier optimisation solutions used by online travel agencies, hotel wholesalers, and travel technology providers worldwide.[1][2]
Founded in October 2018 by former colleagues from Tavisca Solutions, Vervotech was acquired in August 2023 by Juniper Group, a subsidiary of Vela Software within Constellation Software.[2][3]
History
Founding
Vervotech was founded in October 2018 in Pune by Sanjay Ghare and co-founder Dharmendra Ladi, both of whom had previously worked together at Tavisca Solutions, a Pune-based travel technology company that was later acquired by cxLoyalty and subsequently JPMorgan Chase.[1][4]
The founders bootstrapped the company with their own savings, and it was initially staffed by a small engineering team focused on solving the challenge of consolidating fragmented hotel inventory data from multiple suppliers.[1][4] Vervotech signed its first customer, Akbar Travels, within its first year of operation.[4]
Growth and acquisition
Vervotech grew as a bootstrapped venture, expanding its customer base among online travel agencies during the COVID-19 pandemic when travel companies sought to consolidate operations and reduce inventory management costs.[3] By 2023, the company reported annual revenue of approximately US$2.9 million, up from US$1.8 million in 2022, and served more than 1,000 online travel companies globally.[3]
In August 2023, Vervotech was acquired by Juniper Group, a portfolio company of Vela Software within Constellation Software (Template:TSX). The financial terms of the acquisition were not disclosed. Following the transaction, Vervotech continued to operate independently under Sanjay Ghare's leadership, retaining its Pune headquarters and product roadmap.[2][3]
Products
Vervotech's primary products focus on standardising accommodation data and optimising supplier selection for the travel industry:
- Vervotech Mappings — a hotel-level mapping product that consolidates and de-duplicates hotel inventory from multiple suppliers using artificial intelligence and natural language processing.[1]
- Room Mapping — a room-level data standardisation product that matches equivalent room types across different suppliers.[2]
- Profit Maximizer — a supplier optimisation product that helps travel companies select the most profitable supplier for each booking based on real-time margin analysis.
According to the company, its products are used by more than 1,000 online travel companies and travel technology firms worldwide.[2]
Recognition
Vervotech was named "World's Best Hotel Mapping Solutions Provider" at the World Travel Tech Awards in 2023 and 2024.[5]
The company was also featured in industry coverage of the growth of Indian travel technology firms and the trend of hyper-automation in B2B travel technology.[6]
See also
References
- ↑ 1.0 1.1 1.2 1.3 Bhattacharyya, Sindhu (28 July 2020). "Using artificial intelligence, this SaaS startup is helping travel agencies consolidate hotel inventory". YourStory. Retrieved 13 August 2026.
- ↑ 2.0 2.1 2.2 2.3 2.4 Fox, Linda (18 August 2023). "Vervotech acquired as Constellation continues acquisition spree". PhocusWire. Retrieved 13 August 2026.
- ↑ 3.0 3.1 3.2 3.3 "Travel SaaS Vervotech hits 70% YoY growth, joins Juniper". Get Latka. 25 September 2023. Retrieved 13 August 2026.
- ↑ 4.0 4.1 4.2 "Founded in 2018 and based in Pune, Maharashtra, Vervotech is a leading hotel accommodation data provider". Startup Pedia. Retrieved 13 August 2026.
- ↑ "Vervotech – World's Best Hotel Mapping Solutions Provider 2023". World Travel Tech Awards. Retrieved 13 August 2026.
- ↑ "Hyper-automation and personalisation now table stakes in B2B tech". TravTalk India. 2025. Retrieved 13 August 2026.