Sanjay Ghare | |
|---|---|
Sanjay Ghare, Founder and CEO of Vervotech | |
| Born | Maharashtra, India |
| Nationality | Indian |
| Occupation | Entrepreneur, business executive |
| Years active | 2007–present |
| Known for | Founder and CEO of Vervotech |
| Title | Founder and CEO, Vervotech |
Sanjay Ghare is an Indian entrepreneur and business executive. He is the co-founder and CEO of Vervotech, a Pune-based travel technology company that was acquired by Juniper Group, a division of Constellation Software, in August 2023.[1][2]
Early life and education[edit source]
Sanjay Ghare was born into a farming family in Maharashtra, India. He completed an engineering degree, followed by a C-DAC course in computer applications.[3]
Career[edit source]
Tavisca Solutions[edit source]
In 2008, Ghare joined Tavisca Solutions, a Pune-based travel technology firm, as Vice President of the SaaS business. Over more than a decade at Tavisca, he built and scaled the company's software-as-a-service division serving customers globally.[3][2] Tavisca was acquired by cxLoyalty in 2018, which was subsequently acquired by JPMorgan Chase, where the technology became part of Chase Travel.[2]
Vervotech[edit source]
Ghare co-founded Vervotech in October 2018, along with Dharmendra Ladi and four other co-founders from Tavisca.[4][3] The founders pooled ₹10 lakh (approximately US$13,300) of their savings to start the company, which was based in Pune and initially staffed by six engineers.[4][3]
Vervotech's flagship products, Hotel Mapping and Room Mapping, use artificial intelligence and natural language processing to consolidate hotel data from multiple suppliers.[4] The company signed its first customer, Akbar Travels, within its first year of operation.[3] By 2023, Vervotech served over 1,000 online travel companies globally and reported annual revenue of approximately US$2.9 million, having grown from US$1.8 million in 2022.[2]
In August 2023, Vervotech was acquired by Juniper Group, a subsidiary of Vela Software within Constellation Software Inc. Ghare continued as CEO of Vervotech following the acquisition, with the company operating independently within the Juniper Group.[1][2]
Vervotech was named "World's Best Hotel Mapping Solutions Provider" at the World Travel Tech Awards in 2023.[5]
Other activities[edit source]
Ghare also co-founded Techspian, a Pune-based technology consulting and services company, during the COVID-19 pandemic.[6] He is a founding investor and advisor to travel and hospitality technology startups including Zeal Connect, Guestara, and TravClan.[2]
He is the founder of the Ram Sukrut Kalyan Foundation, a non-profit organisation focused on skill development for rural youth in India.[3]
Ghare has delivered a TEDx talk on entrepreneurship and technology.[6] He is a member of the Forbes Technology Council and contributes columns to Forbes on travel technology and entrepreneurship.[7]
References[edit source]
- ↑ 1.0 1.1 Vervotech acquired as Constellation continues acquisition spree, PhocusWire, 18 August 2023.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 How Vervotech CEO Sanjay Ghare grew to $2.9M revenue and 200 customers in 2023, Get Latka, 25 September 2023.
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 Founded in 2018 and based in Pune, Maharashtra, Vervotech..., Startup Pedia.
- ↑ 4.0 4.1 4.2 Using artificial intelligence, this SaaS startup is helping travel agencies, YourStory, 28 July 2020.
- ↑ World's Best Hotel Mapping Solutions Provider 2023, World Travel Tech Awards.
- ↑ 6.0 6.1 The new age of AI and its impact on startups | Sanjay Ghare | TEDxNainiStudio, TEDx, 14 September 2022.
- ↑ India's Hotel Dream: Why Tech And Demand Are Driving The Story, Forbes, 27 June 2025.