Company lists
The India edition · 2026

Online travelcompanies in India

Travel agencies, hotels & stays, bus & car, travel communities, travel expense software and more: the companies building online travel in India, with their founders, funding, team size and business models.

1,821 company profiles427 with reported revenue167 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent online travel business events in India

Funding, M&A, contract wins and launches involving 2,755 online travel companies in India, last 24 months: 62 Contracts · 51 M&A deals · 26 funding rounds · 3 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Announced

Ziptrrip acquires Hellotravel Online Private Limited

Ziptrrip, an innovative AI powered corporate travel and expense management platform, has announced the acquisition of HelloTravel Online Private Limited, the erstwhile travel marketplace…

Travel marketplace
M&AAcquisition · Announced

Ziptrrip acquires HelloTravel Online

Corporate travel and expense management platform Ziptrrip has acquired online travel marketplace HelloTravel Online.

Online travel marketplace
M&AAcquisition · Completed

Wayfarers Technologies Private Limited acquires Hellotravel Online Private Limited

Ziptrrip, a prominent AI-driven corporate travel and expense management platform, has completed its inaugural acquisition by integrating HelloTravel Online Private Limited.

MICE and business leisure travel
M&AAcquisition · Completed

Ran Ventures acquires Zaggle

RAN Ventures purchased 1 Lakh equity shares of Zaggle from the open market on May 18, taking its stake in the company to 44.23% from 44.15%.

Fintech SaaS
M&AAcquisition · Announced

Zaggle Prepaid Ocean Services acquires Dice

Zaggle Prepaid Ocean Services Ltd, a spend management solutions company, has said that its board has approved the transaction structure for the strategic acquisition of DICE. Zaggle has…

AI Spend Management Platform
ContractService

Zaggle Prepaid Ocean Services · client: Generali Central Insurance Company

Generali Central Insurance Company will now have access to the Zaggle Zoyer platform, thanks to an arrangement announced by Zaggle Prepaid Ocean Services.

Spend management
Funding

Uppercase

Direct-to-consumer (D2C) luggage brand Uppercase has raised Rs 20 crore in a fresh funding round from existing investors Accel India and Volrado Venture Partners.

Investors Accel india, Volrado Venture Partners
Luggage
M&AAcquisition · Completed

The Broker Investment Group (TBIG) acquires U drive

TBIG has completed its largest acquisition to date with a 75% stake of Sunbury-on-Thames-based U Drive.

Insurance Brokerage
ContractGovernment

Infinity infoway · client: Knowledge Consortium of Gujarat

Infinity Infoway Limited has secured a government contract worth approximately Rs 10.97 crore from Knowledge Consortium of Gujarat under the Education Department, Government of Gujarat.

Technology
M&AAcquisition · Announced

Ixigo acquires Squad As Service, S.L.

The board of directors of Ixigo also approved the acquisition of a 45.02 per cent stake in Squad As Service, S.L., Spain (Sqaas) for a total consideration of 0.45 million euro.

Travel aggregator
M&AAcquisition · Announced

Prosus acquires Ixigo

In October last year, Dutch investment firm Prosus acquired a 10.1% stake in Ixigo for about Rs 1,296 crore.

Travel Tech
M&AAcquisition · Announced

Ixigo acquires Trenes

Travel aggregator Ixigo’s board has approved the acquisition of a 60 per cent stake in Spain’s second-largest train booking platform Online Travel Solutions (Trenes), for 11.70 million…

ContractGovernment

Na · client: Maharashtra

Maharashtra signed MoUs worth over ₹10,880 cr including solar manufacturing, in Vidarbha, including a ₹10,080 cr integrated solar and BESS manufacturing plant in Nagpur.

Solar, Manufacturing, BESS
ContractGovernment

Starlink · client: Maharashtra

Starlink’s rollout focuses on underserved and remote regions, with interest from state governments like Maharashtra, which signed an LoI to deploy Starlink for rural and critical…

Telecommunications
ContractService

Infinity infoway · client: The Education Committee of Shri Maheshwari Samaj

Infinity Infoway Ltd, engaged in customized, cloud-based Enterprise Resource Planning (ERP) solutions for industries like education, manufacturing, retail, and construction, has signed…

Education
ContractService

Universal Sompo General Insurance · client: Zoomcar

Zoomcar has introduced Trip Protection, a new cover supported by Universal Sompo General Insurance through a Contractual Liability Policy.

ContractService

BLS International Services · client: Slovak republic

BLS International Services has secured a five-year global contract from the Slovak Republic to establish and operate Visa Application Centres (VACs) in more than 80 countries, the…

Consular Services
FundingSeed

Alive

Alive has raised INR 6 crore in seed funding to expand its curated experiences platform.

Experience-tech / Lifestyle
FundingSeries D

Intrcity smartbus

IntrCity SmartBus, a tech-enabled intercity bus network platform, has raised ₹2.5 billion in a Series D funding round led by venture capital firm A91 Partners, the company announced on…

Investors A91 partners
Transportation
ContractService

BLS International Services · client: Indian Ministry of External Affairs

BLS International Services Limited has been awarded a 3-year contract by the Indian Ministry of External Affairs to establish and operate Indian Visa Application Centers (IVACs) in China.

Visa Application Services
M&AAcquisition · Announced

Prosus acquires Ixigo

Travel tech platform Ixigo’s has sold a 10% stake in the company to Dutch investor Prosus for ₹1,295 crore

Travel Tech
LaunchHosting Insights 2025

Zoomcar

Zoomcar ... today unveiled its Hosting Insights 2025

ContractSupply

Maharashtra · client: Na

Maharashtra Seamless Limited has announced a significant order worth approximately Rs. 256 crores for the supply of seamless pipes.

Oil and Gas
ContractInfrastructure

Au small finance bank · client: Zaggle Prepaid Ocean Services

AU Small Finance Bank has announced a strategic partnership with Zaggle Prepaid Ocean Services Ltd, India’s leading spend management company.

Financial Services
ContractService

Mastercard Asia Pacific Pte. Ltd · client: Zaggle Prepaid Ocean Services

the company said it has "entered into an agreement" with Mastercard Asia Pacific Pte. Ltd to launch and promote co-branded domestic prepaid cards on the Mastercard network.

Prepaid card
M&AAcquisition · Announced

Tbo acquires Classic Vacations

We're thrilled to bring Classic Vacations into the TBO family – the company's longstanding delivery of outstanding services has earned the trust of its more than 10,000 travel advisors…

Luxury travel
M&AAcquisition · Announced

Accor acquires Treebo hotels

Accor and InterGlobe Enterprises have also stepped up their game, acquiring a majority stake in Treebo Hotels.

Hospitality
FundingSeries B

Elivaas

"Elivaas, a luxury vacation rental platform, has secured Rs 87 crore ($10.4 million) in its Series B funding round, led by Vertex Ventures Southeast Asia & India. Existing investors Peak…

Investors Vertex ventures southeast asia & india, Peak XV Partners’ Surge, 3one4 capital
Vacation rentals
M&AAcquisition · Completed

Oyo acquires Motel 6 and Studio 6 hotel brands

Last year, Oyo acquired the Motel 6 and Studio 6 hotel brands in U.S. from Blackstone for $525 million in an all-cash deal.

Hotel

Online travel companies in India, by revenue

Browse online travel companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 427 online travel companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Online travel platform offering booking services

Online travel
₹6,947.77 crFY 2024-25
+27%2024–2025
7,498-2% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
1postings · last posted Jul 2026

Chains providing hotel and home booking services with free cancellation

Online travel
₹6,325.89 crFY 2024-25
+14%2024–2025
15,431-57% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jun 2026

App-based platform to book train tickets for travelers

Online travel
₹4,903.86 crFY 2024-25
+11%2024–2025
2,678-0% 12 mo to Sep 2024recorded Sep 2024
24 yr2002
0none in 3 months

Provider of self-drive car rental services, including delivery and support

Road transport tech
₹3,367.10 crFY 2024-25
+12%2024–2025
34+28% 12 mo to Jul 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Platform connecting travel buyers and suppliers for booking various travel services

Online travel
₹1,799.31 crFY 2024-25
+27%2024–2025
2,826+14% 12 mo to Jul 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Provider of visa, passport, and consular outsourcing services

Online travel
₹1,537.44 crFY 2022-23
Not reported
2,535+137% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows

Hrtech
₹1,330.53 crFY 2024-25
+69%2024–2025
523+50% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Aggregator of travel and lifestyle services for various industries

Online travel
₹1,300.44 crFY 2024-25
+14%2024–2025
—Not available
15 yr2011
0none in 3 months

App-based platform to book multiple travel services

Online travel
₹823.27 crFY 2024-25
Not reported
2,810-30% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
1postings · last posted Jul 2026

App-based multiple travel service booking platform

Online travel
₹651.25 crFY 2022-23
Not reported
1,102+3% 12 mo to Sep 2024recorded Sep 2024
48 yr1978
0none in 3 months

Provider of technology solutions designed to streamline travel retailing processes

Online travel
₹667.59 crFY 2024-25
-26%2024–2025
397-3% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Online retailer of travel booking services including flights, hotels, and buses

Online travel
₹603.25 crFY 2024-25
Not reported
1,307+3% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
3postings · last posted Sep 2026

Operator of leisure cruise line offering holiday voyages and experiences

Online travel
₹597.68 crFY 2024-25
+32%2024–2025
697+181% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Online platform facilitating booking of flights, trains, buses, and hotels

Online travel
₹517.57 crFY 2022-23
Not reported
653+7% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
19postings · last posted Sep 2026

Provider of technology solutions for loyalty programs, travel, and payments

Loyalty software
₹409.08 crFY 2024-25
-35%2024–2025
357+2% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Online broker for booking private charter jet

Online travel
₹352.00 crFY 2024-25
Not reported
59-6% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Business management solution for multiple travel service providers

Online travel
₹327.63 crFY 2024-25
-31%2024–2025
32-14% 12 mo to Sep 2023recorded Sep 2023
7 yr2019
0none in 3 months

B2B travel technology platform

Online travel
₹320.61 crFY 2024-25
Not reported
765+5% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
4postings · last posted Sep 2026

Online platform for booking multiple categories of travel services

Online travel
₹282.07 crFY 2022-23
Not reported
8+5% 12 mo to Sep 2024LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Digital first travel platform for booking tour services

Online travel
₹287.17 crFY 2024-25
+110%2024–2025
4LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Online loyalty, shopping & travel rewards app

Online travel
₹253.34 crFY 2022-23
-43%2022–2023
39-27% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

SaaS-driven corporate travel & expense management solution

Online travel
₹230.88 crFY 2022-23
Not reported
626+6% 12 mo to Sep 2024recorded Sep 2024
6 yr2020
—No postings tracked

SaaS-driven white-label website solution for travel agents

Online travel
₹223.75 crFY 2024-25
+251%2024–2025
59LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of customized international holiday packages with various travel themes

Online travel
₹215.85 crFY 2024-25
+13%2024–2025
674+6% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted Jun 2026

Online platform offering luxury vacation villas and rentals for short term stays

Online travel
₹182.96 crFY 2024-25
+28%2024–2025
512+14% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
6postings · last posted Aug 2026
50 of 1,821 companies shown here · the full list is on Radar
Fliar Radar

Explore all 1,821 online travel companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open online travel in India on Radar
  • Every company, not just 50All 1,821 online travel companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore online travel companies in India by what you are looking for

Browse the top online travel companies in India, from online travel agencies and booking platforms to bus and car rental services. You can also find online travel startups in India and the software that travel agents use.

9 ways to explore online travel in India

Online travel agencies & booking platformsHotel booking & stay platformsBus, car rental & transport bookingTravel communities & trip planning appsCorporate travel & expense management softwareSoftware & CRM for travel businesses

Online travel agencies & booking platforms

Websites and apps for booking hotels, flights, trains and holiday packages.

  1. MakeMyTrip

    Online travel platform offering booking services

    Online travel
    See in list
  2. OYO

    Chains providing hotel and home booking services with free cancellation

    Online travel
    See in list
  3. IRCTC

    App-based platform to book train tickets for travelers

    Online travel
    See in list
  4. TBO

    Platform connecting travel buyers and suppliers for booking various travel services

    Online travel
    See in list
  5. Dreamfolks

    Aggregator of travel and lifestyle services for various industries

    Online travel
    See in list

Hotel booking & stay platforms

Companies that let travelers book hotels, homestays and vacation rentals, plus the software hotels use.

  1. OYO

    Chains providing hotel and home booking services with free cancellation

    Online travel
    See in list
  2. Tripjack

    B2B travel technology platform

    Online travel
    See in list
  3. TravelPlus

    SaaS-driven corporate travel & expense management solution

    Online travel
    See in list
  4. StayVista

    Online platform offering luxury vacation villas and rentals for short term stays

    Online travel
    See in list
  5. Tripmax

    Online B2B hotel booking platform providing a global inventory of hotels at competitive rates

    Online travel
    See in list

Bus, car rental & transport booking

Platforms for booking buses, trains and self-drive cars.

  1. Indus Go

    Provider of self-drive car rental services, including delivery and support

    Road transport tech
    See in list
  2. Zingbus

    Operator of an online platform for booking bus transportation tickets

    Road transport tech
    See in list
  3. Radiant Info Systems

    Provider of tech-enabled solution

    Smart public transport
    See in list
  4. Carzonrent

    Online platform offering car rental services through a digital interface

    Online travel
    See in list
  5. Hans Travel

    Intercity bus booking platform

    Online travel
    See in list

Travel communities & trip planning apps

Apps where travelers share experiences, plan trips and discover places.

  1. Tripoto

    Provider of a platform for travel planning, content sharing, and booking

    Online travel
    Website
  2. Go4Explore

    App-based community for outdoor activity enthusiasts

    Online travel
    Website
  3. Explurger

    Platform for travelers to share experiences and connect with others

    Online travel
    Website
  4. Tripuntold

    Online community platform for travelers

    Online travel
    Website
  5. Travel Buddy

    App-based platform for sharing & discovering travel stories

    Online travel
    Website

Corporate travel & expense management software

Tools that help businesses manage employee travel and spending.

  1. Trexedia

    Travel & expense management solution for business travelers

    Finance & accounting tech
    Website
  2. FastCollab

    AI-enabled corporate travel management solution

    Online travel
    Website
  3. Zenpay Solutions

    Expense management card for employees

    Hrtech
    Website
  4. Zento

    Employee Expense And Travel Management System

    Finance & accounting tech
    Website
  5. Travel Grid

    Corporate travel management solution

    Online travel
    Website
84 companies in India

Software & CRM for travel businesses

CRM, ERP and booking software built for travel agents and tour operators.

  1. QuadLabs

    Provider of travel technology solutions including ERP, CRM, and booking tools

    Enterprise resource planning
    Website
  2. Techno Heaven

    White-label solution for travel businesses

    Online travel
    Website
  3. ISGe Solutions

    Web-based tour operator software

    Online travel
    Website
  4. Sembark

    Accounting & CRM software for the travel businesses

    Sales force automation
    Website
  5. TravoCRM

    Platform offering cloud driven CRM software for travel companies

    Online travel
    Website

Online travel startups in India

Newer online travel companies founded in recent years.

  1. Digitrip

    Online platform for booking multiple categories of travel services

    Online travel
    See in list
  2. ELIVAAS

    Provider of a luxury vacation home rental marketplace

    Online travel
    Website
  3. Holiday Tribe

    Provider of AI-powered travel planning and personalized holiday experience services

    Online travel
    Website
  4. Gofriends Go

    Provides offering travelling solutions

    Online travel
    Website
  5. Travlinq

    Provider of API integration solutions for travel service providers

    Online travel
    Website
271 companies in India

Online travel companies hiring in India

Online travel companies with open jobs right now.

  1. MakeMyTrip

    Online travel platform offering booking services

    Online travel
    See in list
  2. OYO

    Chains providing hotel and home booking services with free cancellation

    Online travel
    See in list
  3. Yatra

    App-based platform to book multiple travel services

    Online travel
    See in list
  4. Ixigo

    Online platform facilitating booking of flights, trains, buses, and hotels

    Online travel
    See in list
  5. Tripjack

    B2B travel technology platform

    Online travel
    See in list
42 companies in India

Listed online travel companies in India

Publicly listed online travel companies.

  1. MakeMyTrip

    Online travel platform offering booking services

    Online travel
    See in list
  2. IRCTC

    App-based platform to book train tickets for travelers

    Online travel
    See in list
  3. TBO

    Platform connecting travel buyers and suppliers for booking various travel services

    Online travel
    See in list
  4. BLS International

    Provider of visa, passport, and consular outsourcing services

    Online travel
    See in list
  5. Zaggle

    Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows

    Hrtech
    See in list
13 companies in India
Mobile reach

Top 10 online travel apps from India

The most-installed Android apps published by online travel companies headquartered in India — 825.9M installs between them. 301 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

ixigo Train, Bus, Metro Ticket

by Ixigo

Installs228.6M
Rating4.674.0M ratings
Installs, year on year+16%
Last updatedJun 2026
View on Google Play ↗
ixigo Train, Bus, Metro Ticket screenshot 1ixigo Train, Bus, Metro Ticket screenshot 2ixigo Train, Bus, Metro Ticket screenshot 3ixigo Train, Bus, Metro Ticket screenshot 4ixigo Train, Bus, Metro Ticket screenshot 5ixigo Train, Bus, Metro Ticket screenshot 6
2

IRCTC Rail Connect

by IRCTC

Installs153.8M
Rating3.522.8M ratings
Last updatedJun 2026
View on Google Play ↗
IRCTC Rail Connect screenshot 1IRCTC Rail Connect screenshot 2IRCTC Rail Connect screenshot 3IRCTC Rail Connect screenshot 4IRCTC Rail Connect screenshot 5IRCTC Rail Connect screenshot 6
3

MakeMyTrip - Flights & Hotels

by MakeMyTrip

Installs123.8M
Rating4.412.2M ratings
Installs, year on year+18%
Last updatedMay 2026
View on Google Play ↗
MakeMyTrip - Flights & Hotels screenshot 1MakeMyTrip - Flights & Hotels screenshot 2MakeMyTrip - Flights & Hotels screenshot 3MakeMyTrip - Flights & Hotels screenshot 4MakeMyTrip - Flights & Hotels screenshot 5MakeMyTrip - Flights & Hotels screenshot 6
4

OYO: Hotel Booking App

by OYO

Installs112.5M
Rating4.622.0M ratings
Last updatedApr 2026
View on Google Play ↗
OYO: Hotel Booking App screenshot 1OYO: Hotel Booking App screenshot 2OYO: Hotel Booking App screenshot 3OYO: Hotel Booking App screenshot 4OYO: Hotel Booking App screenshot 5OYO: Hotel Booking App screenshot 6
5

Train App: Easy Ticket Booking

by RailYatri

Installs65.8M
Rating4.611.9M ratings
Installs, year on year+8%
Last updatedMay 2026
View on Google Play ↗
Train App: Easy Ticket Booking screenshot 1Train App: Easy Ticket Booking screenshot 2Train App: Easy Ticket Booking screenshot 3Train App: Easy Ticket Booking screenshot 4Train App: Easy Ticket Booking screenshot 5Train App: Easy Ticket Booking screenshot 6
6

Indian Train Status - minits

by Minits

Installs45.8M
Rating4.49183K ratings
Installs, year on year+3%
Last updatedMay 2026
View on Google Play ↗
Indian Train Status - minits screenshot 1Indian Train Status - minits screenshot 2Indian Train Status - minits screenshot 3Indian Train Status - minits screenshot 4Indian Train Status - minits screenshot 5Indian Train Status - minits screenshot 6
7

m-Indicator: Mumbai Local

by m-Indicator

Installs44.4M
Rating4.05470K ratings
Last updatedJun 2026
View on Google Play ↗
m-Indicator: Mumbai Local screenshot 1m-Indicator: Mumbai Local screenshot 2m-Indicator: Mumbai Local screenshot 3m-Indicator: Mumbai Local screenshot 4m-Indicator: Mumbai Local screenshot 5m-Indicator: Mumbai Local screenshot 6
8

Yatra - Flights, Hotels, Bus

by Yatra

Installs20.1M
Rating3.43314K ratings
Installs, year on year+7%
Last updatedJun 2026
View on Google Play ↗
Yatra - Flights, Hotels, Bus screenshot 1Yatra - Flights, Hotels, Bus screenshot 2Yatra - Flights, Hotels, Bus screenshot 3Yatra - Flights, Hotels, Bus screenshot 4Yatra - Flights, Hotels, Bus screenshot 5Yatra - Flights, Hotels, Bus screenshot 6
9

Zoomcar: Car rental for travel

by Zoomcar

Installs19.1M
Rating3.15239K ratings
Last updatedMay 2026
View on Google Play ↗
Zoomcar: Car rental for travel screenshot 1Zoomcar: Car rental for travel screenshot 2Zoomcar: Car rental for travel screenshot 3Zoomcar: Car rental for travel screenshot 4Zoomcar: Car rental for travel screenshot 5Zoomcar: Car rental for travel screenshot 6
10

Indian Railway Train IRCTC App

by Indianrails

Installs11.9M
Rating4.27237K ratings
Installs, year on year+5%
Last updatedFeb 2026
View on Google Play ↗
Indian Railway Train IRCTC App screenshot 1Indian Railway Train IRCTC App screenshot 2Indian Railway Train IRCTC App screenshot 3Indian Railway Train IRCTC App screenshot 4Indian Railway Train IRCTC App screenshot 5Indian Railway Train IRCTC App screenshot 6
The business behind the activity

Online travel financials in India

Revenue, profit and growth from the filed annual accounts of 376 online travel companies in India for FY24-25 — 509 of the 1,821 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 67% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹26,105.32 cr

376 companies filing accounts

combined net profit₹3,163.04 cr

12.1% aggregate margin

are profitable59%

223 of 376 companies

median revenue~₹2.5 cr

the typical company

median revenue growth+19%

into FY24-25

earned by the top five67%

revenue concentration

Six-year view

Combined revenue of filing companies

₹10,103.54 crFY19-20318 filers
₹6,135.75 crFY20-21337 filers
₹10,449.71 crFY21-22363 filers
₹17,955.25 crFY22-23375 filers
₹22,154.58 crFY23-24388 filers
₹26,105.32 crFY24-25376 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 323 companies over three years

+47%
FY22-23₹17,517.96 cr₹525.63 cr net
FY23-24₹21,741.42 cr₹2,455.65 cr net
FY24-25₹25,758.18 cr₹3,209.65 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr13939% profitable
₹1–10 cr12161% profitable
₹10–100 cr9180% profitable
₹100–1,000 cr2085% profitable
Over ₹1,000 cr5100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking110
0–20%66
20–50%76
50–100%42
Doubled+56

350 companies with accounts for both years; median growth +19%.

Profitability

Profit is concentrated at the top

223profitable
152loss-making
12.1%aggregate margin
0.7%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
TripFactoryORN TRIP FACTORY PRIVATE LIMITED+992%
TravelopediaTRAVELOPEDIA INTERNATIONAL PRIVATE LIMITED+673%₹18.46 cr
MaujiTripMAUJI TRIP LIMITED
FlyshopFLYSHOP TRAVTECH PRIVATE LIMITED+251%₹223.75 cr
OYOORAVEL STAYS LIMITED+233%₹376.92 cr
Holiday TribeHOLIDAY TRIBE PRIVATE LIMITED+132%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
VerchaskaVA TECH VENTURES PRIVATE LIMITED212.8%
OYOORAVEL STAYS LIMITED123.1%₹376.92 cr
TripFactoryORN TRIP FACTORY PRIVATE LIMITED99.4%
TravomintSNVA TRAVELTECH LIMITED
Infinity InfowayINFINITY INFOWAY LIMITED32.5%
Cordelia CruisesWATERWAYS LEISURE TOURISM LIMITED31.6%₹589.50 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Online travel310₹20,001.23 cr~₹2.5 cr60%15.6%
Road transport tech12₹3,644.37 cr~₹98 lakh25%-2.5%
Fashion tech5₹212.91 cr~₹25.5 cr60%-2.0%
Enterprise resource planning5₹56.58 cr~₹2.9 cr80%2.2%
Leaders

Largest online travel companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
MakeMyTripMAKEMYTRIP (INDIA) PRIVATE LIMITED₹6,600.94 cr₹817.89 cr12.4%+22%
IRCTCINDIAN RAILWAY CATERING AND TOURISM CORPORATION LIMITED₹4,903.45 cr₹1,314.66 cr26.8%+11%
Indus GoINDUS MOTOR COMPANY PRIVATE LIMITED₹3,367.10 cr₹33.51 cr1.0%+12%
ZaggleZaggle Prepaid Ocean Services Limited₹1,327.16 cr₹87.48 cr6.6%+69%
DreamfolksDREAMFOLKS SERVICES LIMITED₹1,300.84 cr₹69.68 cr5.4%+14%
TBO, TBOTbo Tek Limited₹618.37 cr₹56.82 cr9.2%+10%
Cordelia CruisesWATERWAYS LEISURE TOURISM LIMITED₹589.50 cr₹186.28 cr31.6%+31%
YatraYATRA ONLINE LIMITED₹525.95 cr₹17.48 cr3.3%+65%
EaseMyTripEasy Trip Planners Limited₹423.19 cr₹102.00 cr24.1%-15%
OYOORAVEL STAYS LIMITED₹376.92 cr₹463.87 cr123.1%+233%
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Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full online travel landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the online travel landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Online travel funding and M&A across India

685 recorded equity rounds have gone to 2,755 online travel companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months13

US$67.33m

equity rounds, last 24 months53

US$232.72m

raised over five yearsUS$813.08m

217 rounds in India

M&A deals, India51

last 24 months

Capital by year

Equity funding into online travel in India

amount rounds
$1.3bn201853
$1.8bn201953
$68m202032
$257m202156
$52m202250
$53m202335
$345m202436
$71m202533
$35m20267

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2019, with US$1.84bn across 53 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$5.42m46 rounds · median US$78k
SeedUS$115.12m117 rounds · median US$488k
Series AUS$128.44m24 rounds · median US$2.10m
Series BUS$65.46m13 rounds · median US$2.15m
Series CUS$60.43m4 rounds · median US$4.46m
Series D+US$438.21m13 rounds · median US$22.23m
Where the money went · five years

Most-funded sub-sectors

Online travelUS$577.86m172 rounds · 84 companies
Road transport techUS$171.69m13 rounds · 4 companies
Fashion techUS$27.58m12 rounds · 5 companies
HrtechUS$14.07m4 rounds · 2 companies
PaymentsUS$9.57m4 rounds · 2 companies
Alternative lendingUS$7.56m3 rounds · 1 companies
Hotel itUS$3.95m3 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

51Acquisition

Most active acquirers

  1. Zaggle Prepaid Ocean Services23
  2. Oyo8
  3. Ixigo5
  4. Ziptrrip2
  5. Prosus2

Most acquired or merged

  1. Mobileware technologies3
  2. G6 hospitality3
  3. Hellotravel Online Private Limited2
  4. Dice2
  5. Na2

Each deal appears in the events strip at the top of the page.

Online travel funding in India

167 online travel companies in India have recorded equity funding, US$5.42bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind online travel companies in India. 919 of 1,821 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India online travel companies by sub-sector

The most common specialisations among online travel companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring online travel in India and nearby markets.

Coming soon