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On average, business travel represents the second largest cost nominal after manpower for the 30 million SMEs in India. Despite this, business travel is pretty much an unorganised sector in India, with the majority of these SMEs using their friendly neighbourhood travel agent or prominent branded B2C websites to book. An average SME has (a) 15% cost overrun ticketing at higher fares and doing manual tasks. (b) 22% decrease in productivity keeping up with changes, check-ins, passport & visa work, health-related validations and so on (c) 0% preparedness for employee safety & security. With the advancement in technology, employees can be covered for health and security rescue in emergencies for a fraction of the cost. (d) 12% increase in retention rates by extending discounted travel & holidays to families and providing them with a lifestyle of freedom they always wanted. Incbuddy's reward-based tool utilises machine learning at the centre of its tool.
Legal Name
:
IncBuddy Technologies Private Limited
Headquarters
:
Bangalore, Karnataka, India
Business Model
:
Founding Date
:
20th Nov 2022
No. of Employees
:
11 to 20
Core Team
:
1.
Kasim Rahim
Founder & CEO
2020
Mar | Key Revenue Milestone
Achieved revenue of INR 4 crore with 32 clients (audited).
2024
Mar | Became Profitable
Became profitable in the very first year of starting The Inc Buddy.
Mar | Key Revenue Milestone
Achieved INR 12 crore in Revenue in the first year
B2C
B2B SaaS
User Age
:
26 to 34,
35 to 45,
46 to 60
User Income
:
Lower-middle Income,
Upper-middle Income,
High Income
Location
:
B2B
Small & medium enterprises/corporates & Startups having corporate travel. Any industry.
Client Segment
:
E-Commerce,
FMCG,
HealthTech / MedTech / Healthcare,
Technology
Target Companies
:
Startup,
Small Enterprise,
Medium Enterprise,
Large Enterprise
Target Geography
:
Frequently Asked Questions
