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Radar · Hotels in Mumbai

Best Hotels Companies in Mumbai, India

The 76 best Hotels companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Apodis Hotels & Resorts.

76companies tracked
$357.2Mdisclosed funding
0unicorns
14have raised

Ranked: Best Hotels companies in Mumbai

#CompanyRevenueDisclosed fundingEmployeesFoundedFounderTech stackRecent signals
1IHCL
Operator of hotels
$1.0B
FY2025
—3,0481899Puneet Chhatwal
CEO & MD
Adobe Experience ManagerJavaYouTube+211 partnership · 7 expansions
2Club Mahindra
Listing platform for hotels & restaurants
$341M
FY2024
—3,7041996—October CMSPHPLaravel+291 job opening · 1 award
3Keys Hotels
Manages the mid-budget "Keys" hotel line in India
$130M
FY2024
$31M582006Anshu Sarin
CEO
——
4Deltacorp
Operator of casino gaming, hospitality, and real estate businesses
$93M
FY2025
$44M1,7791990Ashish Kapadia
Managing Director
NginxGoogle Font APIFont Awesome+11—
5Ginger Hotels
Operates of hotel chains
$57M
FY2025
$58M1,2472003Prabhat Pani
CEO
SanityNode.jsMUI+21—
6Kamat Hotels India
Manages chain of hotels and resorts
$43M
FY2025
—1261986—YouTubeBootstrapApache HTTP Server+9—
7HLV
Operator of standalone hotel
$26M
FY2025
—12019—OpenSSLBootstrapApache HTTP Server+4—
8Lavasa
Operator of apartments
$19M
FY2017
$65M261999—Windows ServerMicrosoft ASP.NETIIS+5—
9Sarovar Hotels
Indian hotel & restaurant chain
$13M
FY2017
$13M1751994Ajay Bakaya
Co-Founder & Managing Director
StripeAmazon Web ServicesCloudflare+20—
10Mirah Hospitality
Multiple brand owners in hospitality
$13M
FY2025
$728K321988Gaurav Goenka
Owner
WordPressMySQLPHP+15—
11Fern Hotel & Resorts
Operator of hotels and resorts
$11M
FY2024
$352K5912009Suhail Kannampilly
Managing Director
Node.jsPHPUbuntu+13—
12GCC Hotel and Club
Operator of standalone hotel
$10M
FY2025
—3751993—Cart FunctionalityWordPressMySQL+28—
13Mint Hotels
Operator of hotels and resorts
$9M
FY2020
—1492015Shirish Arya
Co-Founder
——
14Apodis Hotels & Resorts
Hotel operator, developer and invester in budget, mid tier and leisure segments.
$8M
FY2019
$110M142008Mahesh Gandhi
Co-Founder
——
15Graviss Hospitality
Operates one luxurious hotel in Mumbai
$7M
FY2025
—411959———
167 Apple Hotels
Chain of hotels and resorts
$7M
FY2025
—240
240 → 263 (+10%)
2013Aman Shaikh
CEO
Microsoft ASP.NETBootstrapCloudflare+15—
17IntelliStay Hotels
Operator of hotel accommodations
$7M
FY2020
$3M602008Rohan Dsilva
Co-Founder & CFO
——
18Kohinoor Continental
Kohinoor Hotels is a hospitality company that provides hotel bookings, wedding events, dining, and recreation…
$5M
FY2025
—142008—BootstrapAmazon ALBAmazon Web Services+13—
19EsselWorld
Operator of large-scale water and bird theme parks
$4M
FY2025
—3751989Shirish Deshande
CEO
——
20Club Emerald
Operates luxury hotel & resorts
$2M
FY2023
—191933—WordPressMySQLPHP+19—
21Avion Hotel
Operator of hotels and resorts providing accommodation, dining, and event services
$1M
FY2025
——1999—Cart FunctionalityWordPressMySQL+22—
22Svenska Hotels
Owner and operator of luxury hotels
$518K
FY2025
$6M1032009—PleskWindows ServerMicrosoft ASP.NET+141 award
23Abode
Operator of luxury hotels
$16K
FY2025
——2013Abedin Sham
Co-Founder
UbuntuBootstrapNginx+5—
24Della Resorts
Chains providing experiential hospitality services including luxury accommodations, adventure activities…
—$25M8832009Jimmy Mistry
Founder & Managing Director
YouTubeBootstrapGSAP+19—
25HS India
Operates hotels and restaurants of different brands
—$600K1531989———

Top 12 Hotels companies in Mumbai

#1
Funding Raised · Mumbai, Maharashtra · founded 2009 · 883 employees
$25.1Mraised
▾

Chains providing experiential hospitality services including luxury accommodations, adventure activities, fine dining, and wellness treatments. These properties offer diverse lodging options, multi-cuisine restaurants, and entertainment venues. The facilities feature extreme adventure parks, spa and salon services, and event spaces for weddings and corporate gatherings. The operations focus on integrating leisure, recreation, and dining within expansive resort environments.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 29k LinkedIn followers — 4.1% of this cohort's audience
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Graphic Designer
Activity: 1 awards announced in 12 mo
Funding rounds
  • Feb 2023Conventional Debt$25.1M
Founders & team
Jimmy MistryFounder & Managing Director
Investors
Nomura
Tech stack
BootstrapCdnjsCloudflareCloudflare Browser InsightsCore-JsCrazy Egg
#2
Deadpooled · Mumbai, Maharashtra · founded 2008 · 14 employees
$110.3Mraised
▾

Apodis Hotels & Resorts Ltd. is a hotel operator, developer and investor. It has interests in budget, mid market and leisure hospitality segments. It has developed Tune Hotels in India whose concept is to build by acquiring land (0.5 to 1 acre) or develop an existing structure (30000+ sqft) into low cost rooms with space efficiency and tech infra. In the mid market segment it looks to develop boutique brands, serviced apartments and acquiring and branding business hotels. Apart from Tune, the company has Intel stay Hotels and Brand Mango Suites in its bouquet.

Funding rounds
  • Apr 2016PE$900.9K
  • Apr 2015Series C$1.3M
  • Apr 2014Series C$5.5M
  • Mar 2011Series C$22.6M
Founders & team
Mahesh GandhiCo-Founder
Investors
Vistra ITCL, Prama Hotels and Resorts, Trikona Capital
Tech stack
Nginx
#3
Series C · Mumbai, Maharashtra · founded 2003 · 1247 employees
$58.5Mraised
▾

Operates of hotel chains. They offer modern, stylish accommodations with thoughtful amenities designed for business and leisure travelers, featuring a blend of work, play, and relaxation spaces. It focuses on providing a lean-luxe experience with smart design, urban vibes, and service that combines comfort and connectivity.

Funding rounds
  • Apr 2018Series C$17.8M
  • Mar 2013Series B$9.2M
  • Nov 2011Series B$10.1M
  • Apr 2011Series B$11M
Founders & team
Prabhat PaniCEO
Investors
Omega TC Holdings, Tata Capital, Tata Investment, Oriental Hotels, Piem Hotels, Tifco Holdings
Tech stack
AmpCloudflareCore-JsEmotionFacebook PixelGoogle Analytics
#4
Funding Raised · Mumbai, Maharashtra · founded 1999 · 26 employees
$65.2Mraised
▾

Lavasa Corporation is a company that has developed and manages an Industrial park situated on a hill city in India. The city on the hills has been equipped with luxurious villas, business centers, KPO's, hospitality, education centers, retail parks, and shopping malls. Lavasa Corporation Limited operates as a subsidiary of HCC Real Estate Ltd.

Funding rounds
  • Jan 2010Conventional Debt$54.8M
  • Jul 2009Conventional Debt$10.5M
Investors
ICICI Bank, IndusInd Bank, Brand Capital, Timesgroup, Axis Bank, Bank of India
Tech stack
FancyboxFlexsliderGoogle AnalyticsIisJqueryJquery Ui
#5
Public · Mumbai, Maharashtra · founded 1990 · 1779 employees
$43.5Mraised
▾

Operator of casino gaming, hospitality, and real estate businesses. The company focuses on diversified segments within these industries. It aims to enhance value for its stakeholders. The company also seeks sustainable and profitable growth.

Funding rounds
  • 2009Post IPO$17.9M
  • 2008Post IPO$25.6M
Founders & team
Ashish KapadiaManaging Director
Investors
ICICI Venture, Rare Enterprises
Tech stack
AosCdnjsCloudflareFancyboxFont AwesomeGoogle Analytics
#6
Acquired · Mumbai, Maharashtra · founded 2006 · 58 employees
$30.9Mraised
▾

Keys Hotels, funded by New York-headquartered Berggruen Holdings, has total of 35 hotels in India including those under development and has been growing through management contracts and franchise. The company also owns c.8 hotels and plans to manage 100 properties in India by 2018. Nicolas Berggruen launched Berggruen Holdings in 1985 to manage the family fortune and has invested over $100m in Keys Hotels. Besides hospitality, Berggruen has significant investments in car rental, education, SEZ and BPO sectors in the country.

Funding rounds
  • May 2017Series E$30.9M
Founders & team
Anshu SarinCEO
Investors
Berggruen Holdings
#7
Acquired · Mumbai, Maharashtra · founded 1994 · 175 employees
$13.3Mraised
▾

Sarovar Hotels & Resorts is a chain of hotels, restaurants & resorts located across India. The company operates its hotel under the brands, Hometel, Sarovar Portico - full service 3/4 star hotels, and Sarovar Premiere - high-end luxury 5-star hotels. Additionally, the company also operates the brands 'The Oriental Blossom' - a Chinese restaurant chain and 'Geoffrey's The Pub' - a contemporary pub chain targetted at metros. The hotels offer standardized accommodation, event & wedding venues, multiple restaurants, and more. Additionally, the chain has also expanded to African destinations.

Funding rounds
  • Dec 2006PE$5.1M
  • Dec 2005PE$8.2M
Founders & team
Ajay BakayaCo-Founder & Managing Director
Investors
Bessemer Venture Partners, New Vernon Wealth Management
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesCdnjsCloudflare
#8
Acquired · Mumbai, Maharashtra · founded 2008 · 60 employees
$2.7Mraised
▾

Operator of hotel accommodations. It is an accommodation service provider and a hotel brand company operating various co-working, co-living, student accommodation centers. It features Tv sets, reading corners, breakfast centers, mini room bars, and more.

Funding rounds
  • May 2019Series A—
  • Jul 2010Series A$2.7M
Founders & team
Rohan DsilvaCo-Founder & CFO
Investors
Lush Hospitality, NEXTT Management
Tech stack
NginxOwl CarouselJqueryGoogle AnalyticsFont Awesome
#9
Series A · Mumbai, Maharashtra · founded 2009 · 103 employees
$6.1Mraised
▾

Owner and operator of luxury hotels

LinkedIn Pulse recent public activity · Jul 2026
Audience: 11k LinkedIn followers
Activity: 1 awards announced in 12 mo
Funding rounds
  • Oct 2011Series A$6.1M
Investors
DMI Finance
Tech stack
Apache Http ServerBootstrapBootstrap IconsCdnjsCloudflareFont Awesome
#10
Acquired · Mumbai, Maharashtra · founded 1988 · 32 employees
$728.3Kraised
▾

Various brands under its wings namely Rajdhani, Citrus Hotels, Palette Food Court, United Sports Bar. Strategic alliances such as Mad Over Donut, Massive Restaurants, Impresario Handmade Restaurants. Present in 20 cities across India as of 2014. Looking to invest 200 crores by 2018 to expand food and beverage business in India and overseas. Group is also present in verticals like real estate, energy, textile. Plans to tie up with Jiggs Kalra to open three brands of food chain.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 15k LinkedIn followers — 2.1% of this cohort's audience
Activity: 2 expansions announced in 12 mo
Funding rounds
  • Mar 2009Unattributed$728.3K
Founders & team
Gaurav GoenkaOwner
Tech stack
Anime.JsApache Http ServerAstraCore-JsElementorGoogle Font Api
#11
Seed · Mumbai, Maharashtra · founded 2009 · 591 employees
$352.3Kraised
▾

Operator of hotels and resorts. It is offering a range of premium and mid-tier accommodations across numerous locations. Their focus on sustainability, personalized service, and contemporary amenities makes them a top choice for environmentally conscious travelers and those seeking a blend of comfort and responsibility.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 81k LinkedIn followers — 11.5% of this cohort's audience
Funding rounds
  • Apr 2015Seed$352.3K
  • Mar 2015PE$8M
Founders & team
Suhail KannampillyManaging Director
Investors
Zinchotelsandresortsglobal, Chaudhary Group, Busi India Holdings, Obelia Hotels
Tech stack
Apache Http ServerBootstrapCart FunctionalityCloudflareCloudflare Bot ManagementContact Form 7
#12
Public · Mumbai, Maharashtra · founded 1989 · 153 employees
$600Kraised
▾

H. S. India Ltd. was incorporated in the name of Hotel Silver Plaza Private Limited in 1989. The company has changed its name from Hotel Silver Plaza Private Limited to H. S. India Ltd. on 16th January, 2001. The company belongs to the Bansal group of companies which is a part of Karishma group. It operates a 3 star hotel under the Lords Plaza name in Surat, Gujarat. The company is also exploring all possibilities for going into Information Technology (IT) related to hospitality and tourism industry.

Funding rounds
  • Oct 2009Post IPO$600K

Funding & investor landscape

$357.2Mtotal disclosed funding
12companies funded
24disclosed rounds
0rounds last 90 days
Most active investors
Brand Capital2 rounds
Rare Enterprises2 rounds
Allahabad Bank1 rounds
Andhra Bank1 rounds
Axis Bank1 rounds
Bank of India1 rounds
BanyanTree Finance1 rounds
Berggruen Holdings1 rounds
Bessemer Venture Partners1 rounds
Busi India Holdings1 rounds

Notable founders

Jimmy Mistry
Founder & Managing Director · Della Resorts
Mahesh Gandhi
Co-Founder · Apodis Hotels & Resorts
Prabhat Pani
CEO · Ginger Hotels
Ashish Kapadia
Managing Director · Deltacorp
Anshu Sarin
CEO · Keys Hotels
Ajay Bakaya
Co-Founder & Managing Director · Sarovar Hotels
Rohan Dsilva
Co-Founder & CFO · IntelliStay Hotels
Gaurav Goenka
Owner · Mirah Hospitality
Suhail Kannampilly
Managing Director · Fern Hotel & Resorts
Puneet Chhatwal
CEO & MD · IHCL
Shirish Arya
Co-Founder · Mint Hotels
Prism market signals · India · country-scoped Prism corpus, 6,002,803 docs

Market landscape — 10 sub-themes by coverage

Share of Hotels coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Hotels companies are there in Mumbai, India?
Radar tracks 76 indexable Hotels companies headquartered in Mumbai, India, India, that meet our profile-completeness bar.
What is the total funding raised by Hotels companies in Mumbai, India?
The Hotels companies in Mumbai, India on this list have raised a combined $357.2M in disclosed equity funding across 12 funded companies.
Which is the highest-funded Hotels company in Mumbai, India?
Apodis Hotels & Resorts is the highest-funded Hotels company in Mumbai, India, with $110.3M in disclosed equity funding.
How many Hotels companies in Mumbai, India are funded?
12 of the 76 Hotels companies in Mumbai, India on this list have disclosed at least one equity funding round.
How many Hotels unicorns are there in Mumbai, India?
None of the Hotels companies in Mumbai, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Mumbai, India Hotels companies?
The most active investors in Mumbai, India Hotels companies on this list include Brand Capital, Rare Enterprises, Allahabad Bank, Andhra Bank, Axis Bank.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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