Company lists
The Delhi edition · 2026

Travel and hospitalitycompanies in Delhi

Tour operators, hotels, car rentals, adventure, aviation and more: the companies building travel and hospitality in Delhi, with their founders, funding, team size and business models.

903 company profiles207 with reported revenue7 with recorded fundingSeptember 2026 edition
Delhi · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent travel and hospitality business events in Delhi

Funding, M&A, contract wins and launches involving 973 travel and hospitality companies in Delhi, last 24 months: 53 Contracts · 21 M&A deals · 8 funding rounds · 5 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractService

Lemon tree hotels · client: Sparsh

Lemon Tree Hotels has announced the mutual termination of its franchise agreement with Sparsh Inn LLP. The agreement, originally signed on 10 May 2024, was intended for the use of the…

Hospitality
ContractService

M/s. Sparsh Inn LLP · client: Lemon tree hotels

Lemon Tree Hotels Limited has officially communicated the mutual termination of a Franchise Agreement executed on May 10, 2024. This agreement was with M/s. Sparsh Inn LLP and concerned…

Hospitality
ContractMaintenance

Brahmaputra Infrastructure · client: NHIDCL

Brahmaputra Infrastructure Limited has been declared L-1 for a Rs. 25.78 crore short-term road maintenance contract on the Pailapool–Hangrum corridor in Assam, awarded by NHIDCL under…

Government Highway Maintenance
ContractSupply

Schwing stetter · client: Nimbus group

Nimbus Group has procured advanced boom placers from Schwing Stetter for its flagship residential project Nimbus The Arista Luxe located along the Noida Expressway.

Construction
M&AAcquisition · Announced

Catalyst Partners Middle East (CPME) acquires Eih

Egypt’s first listed special purpose acquisition company, Catalyst Partners Middle East (CPME), has launched due diligence to fully acquire precious metals investment and consulting firm…

Precious metals investment and consulting
ContractService

Thales · client: Air india

Air India has signed a 10-year agreement with Thales for its FlytCARE services package, covering line maintenance, spares, repairs and logistics management support for inflight…

Technology
ContractService

Hughes network systems · client: Air india

Hughes Network Systems announced that Air India has selected the Hughes In-Flight connectivity solution to deliver a consistent Wi‑Fi experience using a common connectivity platform…

ContractService

Panasonic avionics · client: Air india

Panasonic Avionics has secured a major agreement with Air India to provide comprehensive maintenance and support for the airline’s in-flight entertainment (IFE) systems across 74 aircraft.

ContractService

Panasonic Technical Services · client: Air india

Panasonic Avionics Corporation (Panasonic Avionics) has today announced that Air India has selected Panasonic Technical Services' (PTS) Total Care Package to maintain the airline's…

Aviation
ContractService

Haeco · client: Air india

March 13, 2026 Air India Taps HAECO For Shanghai Widebody Line Maintenance HAECO has signed a contract with Air India to provide line maintenance services for its widebody fleet at…

Aviation Maintenance
M&AAcquisition · Announced

Ms. Priya Paul acquires Apeejay Surrendra Park Hotels

Apeejay Surrendra Park Hotels has announced that its Director and Promoter, Ms. Priya Paul, has acquired 18,200 equity shares of the company. This acquisition represents 0.00853% of the…

ContractService

GMR Airports Ltd · client: Delhi International Airport

GMR Airports Ltd (GAL) said it has received a Letter of Award from DIAL for being the selected bidder to upgrade, modernise, finance, operate, manage and maintain the Cargo Terminal 1 at…

Airport Operations
ContractService

Aeroprime · client: Tap air portugal

TAP Air Portugal has appointed Aeroprime as its General Sales and Service Agent (GSSA) for cargo operations in India.

Air Freight
ContractService

Apeejay Surrendra Park Hotels · client: Luxmi Tea

Apeejay Surrendra Park Hotels has entered into a Hotel Management and Licensing Agreement (Agreement) with Luxmi Tea Co. for operation and management of a proposed 100-room premium hotel…

Hospitality
Contract

Air india · client: Lufthansa group

Air India has signed a Memorandum of Understanding (MoU) with the Lufthansa Group, to enhance connectivity between India and Europe.

M&AAcquisition · Completed

Green Dome Investments acquires Transcorp international

GDI completed the acquisition of a 100% equity stake in Transcorp for an agreed purchase price of SAR230 million ($61.2 million), said Sisco Holding in its bourse filing.

M&AAcquisition · Completed

Transcorp acquires Nitel

Transcorp’s mounting debt to the banking syndicate that lent it $500m for the acquisition of NITEL.

Telecommunications
ContractService

Boeing Global Services · client: Air india

Air India today announced a multi-year agreement with Boeing Global Services for its Component Services Program (CSP), encompassing the airline’s entire Boeing 787 fleet, both existing…

Aviation
ContractSupply

Airbus · client: Air india

Air India on Thursday announced the conversion of 15 of its current orders for Airbus A321neo aircraft to the advanced Airbus A321XLR variant.

Aviation
ContractSupply

Boeing · client: Air india

Air India has placed a firm order for 30 additional Boeing single-aisle aircraft, consisting of 20 737-8 and 10 737-10 models, the airline announced at Wings India 2026.

Aerospace
ContractService

Boeing Global Services · client: Air india

Air India signed a multi-year agreement with Boeing Global Services for the Component Services Program (CSP), covering its entire Boeing 787 fleet.

Aviation
LaunchB787-9

Air india

Air India today announced a significant enhancement to its popular Mumbai-Frankfurt route, with the deployment of its newly delivered, first line-fit (or made-for-Air India) B787-9…

Aircraft
M&AMerger · Announced

Lemon tree hotels acquires Carnation Hotels & Hamstede Living

Lemon Tree will merge two of its wholly owned subsidiaries, Carnation Hotels and Hamstede Living, into itself.

FundingAngel investment

Capture a trip

Capture A Trip has secured INR 75 lakh in funding from Shark Tank India judges to expand its curated travel experiences for young and first-time travelers.

Investors Shark Tank India judges
Travel & experiences
ContractService

Airbaltic · client: Air india

Air India has strengthened its footprint in Europe by signing a new codeshare pact with Latvia’s flag carrier airBaltic, improving connectivity from India to the Baltic region.

Airline/Transport
LaunchAirport Predictive Operations Centre (APOC)

Delhi International Airport

The Airport Predictive Operations Centre (APOC), which plays a central role, has integrated real‑time data, predictive weather models and airside operational inputs into a single command…

Airport Operations
ContractInfrastructure

NHIDCL · client: The company

The company has received a work order worth Rs 220.14 crore from the National Highways and Infrastructure Development Corporation (NHIDCL). The order involves the construction of a…

Infrastructure
M&AMerger · Completed

Vistara acquires Air india

The merger of the two airlines was completed on November 12

Airlines
ContractService

TFS Gurgaon Airport Services · client: Delhi International Airport

shares of Travel Food Services Ltd (TFS) edged higher on Monday after its wholly owned subsidiary, TFS Gurgaon Airport Services, signed a License Agreement with Delhi International…

Airport hospitality

Travel and hospitality companies in Delhi, by revenue

Browse travel and hospitality companies in Delhi 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 207 travel and hospitality companies in Delhi 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

Operator of metro rails

Passenger rail operators
₹8,151.57 crFY 2024-25
+6%2024–2025
14,269+3% 12 mo to Sep 2024recorded Sep 2024
31 yr1995
0none in 3 months

Chains providing luxury accommodations, dining, wellness, and event hosting services

Hotels
₹2,879.51 crFY 2024-25
+10%2024–2025
1,001-80% vs previous recordrecorded
17 yr2009
0none in 3 months

Operates hotels and cruisers

Hotels
₹2,625.97 crFY 2023-24
Not reported
2,326+7% 12 mo to Oct 2023recorded Oct 2023
77 yr1949
—No postings tracked

Developer of a smart ring for payments

Travel agencies
₹1,435.20 crFY 2024-25
-33%2024–2025
297+47% 12 mo to Mar 2023recorded Mar 2023
32 yr1994
0none in 3 months

Operates a chain of hotels and resorts

Hotels
₹1,076.76 crFY 2023-24
Not reported
7,554LinkedIn · Jul 2026
24 yr2002
2postings · last posted Jul 2026

Delhi Tourism is a travel agency that arranges guided tours, trip plans, visas, and destination services.

Tour operators
₹845.66 crFY 2021-22
Not reported
110LinkedIn · Jul 2026
—
0none in 3 months

Highway management company responsible for implementing electronic toll collection (ETC) solutions on national highways

Road infrastructure operators
₹948.67 crFY 2024-25
+9%2024–2025
68+0% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Operator of hotels

Hotels
₹667.73 crFY 2024-25
+12%2024–2025
121LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Five (5) star Luxury & Boutique hotels in India - The Park Hotels, India

Hotels
₹591.71 crFY 2023-24
Not reported
1,341recorded
59 yr1967
—No postings tracked

Provider of tour operator services

Tour operators
₹548.76 crFY 2023-24
Not reported
513-23% 12 mo to Mar 2023recorded Mar 2023
61 yr1965
—No postings tracked

Airport authority of India

Airport operators
₹480.67 crFY 2021-22
Not reported
7,845+50920% vs previous recordLinkedIn · Jul 2026
31 yr1995
0none in 3 months

Provider of private air charter, air ambulance, and aircraft leasing

Chartered flights
₹431.52 crFY 2024-25
+46%2024–2025
2LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Owns and operates luxurious properties

Hotels
₹420.51 crFY 2024-25
+2%2024–2025
4+7% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Operator of private jet, helicopter, airliner, and cargo aircraft charters

Chartered flight brokers
₹391.02 crFY 2024-25
+18%2024–2025
65LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Provider of national highways and infrastructure development services

Road infrastructure operators
₹332.53 crFY 2021-22
Not reported
438LinkedIn · Jul 2026
12 yr2014
0none in 3 months

A Flagship brand of Bharat Hotels Limited

Hotels
₹322.48 crFY 2021-22
Not reported
65+16% 12 mo to Jul 2024recorded Jul 2024
38 yr1988
1postings · last posted Jul 2026

Chain of hotels

Hotels
₹357.52 crFY 2024-25
+36%2024–2025
1,282+26% 12 mo to Jul 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Operator of luxury hotel

Hotels
₹320.68 crFY 2024-25
+7%2024–2025
9+7% 12 mo to Sep 2024LinkedIn · Jul 2026
46 yr1980
0none in 3 months

Provider of hospitality company operating hotels in various parts offering hospitality

Hotel management services
₹305.08 crFY 2024-25
+18%2024–2025
—Not available
16 yr2010
0none in 3 months

Provider of chartered flight services

Chartered flights
₹290.77 crFY 2024-25
+2%2024–2025
50LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Provider of franchise consulting and market entry services

Aviation ground handling services
₹263.58 crFY 2024-25
+11%2024–2025
490LinkedIn · Jul 2026
40 yr1986
0none in 3 months

Premium Leather Accessory Brand.

Fashion accessories
₹233.26 crFY 2022-23
Not reported
466+9% 12 mo to Sep 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Industrial equipment manufacturer offering solutions for the railways and metro sectors

Rail equipment
₹237.33 crFY 2023-24
Not reported
46LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Provider of global travel management services

Travel agencies
₹242.27 crFY 2024-25
+9%2024–2025
450+4% 12 mo to Jul 2024recorded Jul 2024
45 yr1981
2postings · last posted Aug 2026

Offers air cargo and passenger airline services

Air cargo
₹195.40 crFY 2023-24
+73%2023–2024
20+0% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months
50 of 903 companies shown here · the full list is on Radar
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  • Every company, not just 50All 903 travel and hospitality companies in Delhi, filterable by stage, funding, team size, revenue model and age.
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Explore travel and hospitality companies in Delhi by what you are looking for

Find top travel and hospitality companies in Delhi, from tour operators and travel agencies to hotels and car rentals. Browse travel and hospitality startups in Delhi and companies that are hiring.

8 ways to explore travel and hospitality in Delhi

Tour operators & travel agenciesHotels & hotel management companiesCar rental & bus operatorsAdventure, trekking & camping tour operatorsChartered flights & aviation companiesTravel and hospitality startups in Delhi

Tour operators & travel agencies

Agencies that plan holidays, guided tours and corporate trips.

  1. Delhitourism

    Delhi Tourism is a travel agency that arranges guided tours, trip plans, visas, and destination services.

    Tour operators
    See in list
  2. India Tourism Development Corporation

    Provider of tour operator services

    Tour operators
    See in list
  3. International Travel House

    Provider of global travel management services

    Travel agencies
    See in list
  4. B2B Hospitality

    Provider of hospitality services including tours, conferences, and event accommodations

    Corporate travel management services
    See in list
  5. IATO

    Operator of tours

    Tour operators
    Website

Hotels & hotel management companies

Hotel chains, standalone hotels and companies that manage hospitality properties.

  1. Oberoi Hotels

    Chains providing luxury accommodations, dining, wellness, and event hosting services

    Hotels
    See in list
  2. EIH

    Operates hotels and cruisers

    Hotels
    See in list
  3. Lemon Tree Hotels

    Operates a chain of hotels and resorts

    Hotels
    See in list
  4. InterGlobe Hotels

    Operator of hotels

    Hotels
    See in list
  5. The Park Hotels

    Five (5) star Luxury & Boutique hotels in India - The Park Hotels, India

    Hotels
    See in list

Car rental & bus operators

Self-drive and chauffeur car rentals, bus operators and two wheeler rentals.

  1. Eco Rent a Car

    Provider of luxury car rental services

    Car rentals
    See in list
  2. Dimts

    Provider of integrated transport solutions, engineering, and technology consulting services

    Road infrastructure operators
    See in list
  3. Goverdhan Transport

    Operator of buses

    Bus operators
    See in list
  4. KTC India

    Provider of luxury car rental services

    Car rentals
    Website
  5. Pannu Car Rental

    Provider of car rental services

    Car rentals
    Website

Adventure, trekking & camping tour operators

Operators of treks, camps, wildlife trips and adventure parks.

  1. Vadehra Art Gallery

    Retailer of arts

    Museums & galleries
    See in list
  2. Adventure Island

    Amusement and theme park operator that designs and operates family-friendly entertainment attractions and water parks across various locations

    Theme & amusement parks
    Website
  3. EOD Amusement

    Operator of adventure park

    Hiking camping & adventure tour operators
    Website
  4. AVZA Move

    Provider of relocation, household goods movement, and fine arts handling

    Trucking
    Website
  5. Climb Central

    Operator of indoor rock climbing and adventure ropes course facility

    Theme & amusement parks
    Website
64 companies in Delhi

Chartered flights & aviation companies

Private charter operators, brokers, airlines and aviation training and ground services.

  1. VSR Aviation

    Provider of private air charter, air ambulance, and aircraft leasing

    Chartered flights
    See in list
  2. Air Charter Services

    Operator of private jet, helicopter, airliner, and cargo aircraft charters

    Chartered flight brokers
    See in list
  3. IndoPacific Aviation

    Provider of chartered flight services

    Chartered flights
    See in list
  4. AASPL

    Provider of franchise consulting and market entry services

    Aviation ground handling services
    See in list
  5. Skyone Airways

    Provider of aviation services

    Chartered flights
    See in list
55 companies in Delhi

Travel and hospitality startups in Delhi

Newer travel and hospitality companies founded in recent years.

  1. DB RRTS Operations India

    Provider of rail maintenance and operation services

    Rail maintenance services
    See in list
  2. Avyanna Aviation Academy

    Pilot training institution that offers commercial pilot training programs and flight training services

    Aviation training services
    Website
  3. ONLINE TRAVEL SQUAD

    Provider of travel agency services

    Travel agencies
    Website
  4. On Dot Operations

    Company offers luxury car rental services

    Car rentals
    Website
  5. Hi-5 Travels

    Operator of tours

    Tour operators
    Website
102 companies in Delhi

Travel and hospitality companies hiring in Delhi

Travel and hospitality companies currently recruiting.

  1. Lemon Tree Hotels

    Operates a chain of hotels and resorts

    Hotels
    See in list
  2. Lalit Suri Hospitality Group

    A Flagship brand of Bharat Hotels Limited

    Hotels
    See in list
  3. International Travel House

    Provider of global travel management services

    Travel agencies
    See in list
  4. DAG Private Limited

    DAG | India's leading art company

    Art auctioneers
    See in list
  5. Himalayan Heli Services

    Operator of helicopters and charters

    Chartered flights
    See in list
18 companies in Delhi

Listed travel and hospitality companies in Delhi

Publicly listed hotel, travel and aviation companies.

  1. EIH

    Operates hotels and cruisers

    Hotels
    See in list
  2. Transcorp

    Developer of a smart ring for payments

    Travel agencies
    See in list
  3. Lemon Tree Hotels

    Operates a chain of hotels and resorts

    Hotels
    See in list
  4. The Park Hotels

    Five (5) star Luxury & Boutique hotels in India - The Park Hotels, India

    Hotels
    See in list
  5. India Tourism Development Corporation

    Provider of tour operator services

    Tour operators
    See in list
18 companies in Delhi
Mobile reach

Top 10 travel and hospitality apps from Delhi

The most-installed Android apps published by travel and hospitality companies headquartered in Delhi — 11.7M installs between them. 28 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Air India: Book Flight Tickets

by Air India

Installs8.6M
Rating4.72154K ratings
Installs, year on year+19%
Last updatedMay 2026
View on Google Play ↗
Air India: Book Flight Tickets screenshot 1Air India: Book Flight Tickets screenshot 2Air India: Book Flight Tickets screenshot 3Air India: Book Flight Tickets screenshot 4Air India: Book Flight Tickets screenshot 5Air India: Book Flight Tickets screenshot 6
3

Gurugaman

by Dimts

Installs653K
Rating—
Last updatedJan 2026
View on Google Play ↗
Gurugaman screenshot 1Gurugaman screenshot 2Gurugaman screenshot 3Gurugaman screenshot 4Gurugaman screenshot 5Gurugaman screenshot 6
4

Taxi Sanchalak

by Taxisanchalak

Installs336K
Rating—
Installs, year on year+74%
Last updatedMay 2026
View on Google Play ↗
Taxi Sanchalak screenshot 1Taxi Sanchalak screenshot 2Taxi Sanchalak screenshot 3Taxi Sanchalak screenshot 4Taxi Sanchalak screenshot 5Taxi Sanchalak screenshot 6
9

스피드메이트 펜타원

by SK Networks

Installs28K
Rating—
Last updatedOct 2025
View on Google Play ↗
스피드메이트 펜타원 screenshot 1스피드메이트 펜타원 screenshot 2
The business behind the activity

Travel and hospitality financials in Delhi

Revenue, profit and growth from the filed annual accounts of 184 travel and hospitality companies in Delhi for FY24-25 — 221 of the 903 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 91% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹87,215.55 cr

184 companies filing accounts

combined net profit−₹4,182.96 cr

-4.8% aggregate margin

are profitable73%

135 of 184 companies

median revenue~₹7.5 cr

the typical company

median revenue growth+12%

into FY24-25

earned by the top five91%

revenue concentration

Six-year view

Combined revenue of filing companies

₹17,630.89 crFY19-20159 filers
₹21,449.16 crFY20-21171 filers
₹33,041.64 crFY21-22179 filers
₹52,612.88 crFY22-23191 filers
₹79,482.15 crFY23-24195 filers
₹87,215.55 crFY24-25184 filers

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

Like-for-like

The same 165 companies over three years

+70%
FY22-23₹51,272.12 cr−₹12,410.28 cr net
FY23-24₹78,025.77 cr−₹9,187.37 cr net
FY24-25₹87,077.24 cr−₹4,191.67 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 cr4648% profitable
₹1–10 cr5374% profitable
₹10–100 cr5986% profitable
₹100–1,000 cr2195% profitable
Over ₹1,000 cr560% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking55
0–20%55
20–50%34
50–100%20
Doubled+16

180 companies with accounts for both years; median growth +12%.

Profitability

Profit is concentrated at the top

135profitable
49loss-making
-4.8%aggregate margin
2.2%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
Capture A TripCAPTUREATRIP INDIA PRIVATE LIMITED+166%₹20.35 cr
CarmelindiatoursCARMEL INDIA TOURS PRIVATE LIMITED+131%
KarwaaninternationalKARWAAN INTERNATIONAL AIR SERVICES PRIVATE LIMITED+113%₹17.79 cr
ACME VoyagesACME VOYAGES PRIVATE LIMITED+85%₹11.12 cr
NTBCLNOIDA TOLL BRIDGE COMPANY LIMITED₹42.60 cr
ONLINE TRAVEL SQUADONLINE TRAVEL SQUAD PRIVATE LIMITED+75%₹20.90 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Asian Hotels NorthASIAN HOTELS (NORTH) LIMITED58.4%₹320.68 cr
Le Passage to IndiaLE PASSAGE TO INDIA TOURS AND TRAVELS PRIVATE LIMITED₹46.31 cr
Oberoi HotelsEIH LIMITED29.6%₹2,535.29 cr
The Pride HotelsPride Hotels Limited28.4%₹318.87 cr
Noormahal PalaceJEWEL CLASSIC HOTELS PVT LTD
Amber ToursAMBER TOURS PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Hotels24₹4,797.61 cr~₹19.6 cr71%23.3%
Tour operators48₹2,974.82 cr~₹2.5 cr71%3.1%
Travel agencies36₹2,199.63 cr~₹7.6 cr75%2.2%
Chartered flights11₹1,221.10 cr~₹53.0 cr73%5.1%
Hotel management services5₹204.35 cr~₹1.5 cr80%49.6%
Car rentals10₹111.57 cr~₹5.3 cr80%3.7%
Hiking camping & adventure tour operators7₹48.08 cr~₹5.4 cr86%4.4%
Leaders

Largest travel and hospitality companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Air IndiaAIR INDIA LIMITED-6.2%
Delhi Metro Rail CorporationDELHI METRO RAIL CORPORATION LIMITED₹8,151.57 cr−₹1,597.81 cr-19.6%+6%
DelhitourismDELHI TOURISM AND TRANSPORTATION DEVELOPMENT CORPORATION LIMITED₹2,552.59 cr₹56.00 cr2.2%+5%
Oberoi HotelsEIH LIMITED₹2,535.29 cr₹751.28 cr29.6%+9%
TranscorpTRANSCORP INTERNATIONAL LIMITED₹1,432.26 cr₹3.09 cr0.2%-33%
IHMCLINDIAN HIGHWAYS MANAGEMENT COMPANY LIMITED₹948.67 cr₹93.01 cr9.8%+9%
InterGlobe HotelsINTERGLOBE HOTELS PRIVATE LIMITED₹602.85 cr₹34.63 cr5.7%+10%
VSR AviationVSR VENTURES PRIVATE LIMITED₹431.52 cr₹19.24 cr4.5%+46%
Air Charter ServicesAIR CHARTER SERVICES PRIVATE LIMITED₹391.02 cr₹32.86 cr8.4%+18%
BloomIMPERATIV HOSPITALITY PRIVATE LIMITED₹357.52 cr₹15.21 cr4.3%+36%
Some figures are available to Radar members.Log in to Radar to see every figure

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

Travel and Hospitality Industry Landscape of Delhi

The financials above are one chapter. The full travel and hospitality landscape of Delhi 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 travel and hospitality landscape of Delhi
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

Travel and hospitality funding and M&A across India

157 recorded equity rounds have gone to 6,511 travel and hospitality companies in India — how much, at which stage, into which sub-sectors, from whom, and how Delhi compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months4

US$19.35m

equity rounds, last 24 months15

US$183.58m

raised over five yearsUS$420.90m

54 rounds in India

M&A deals, Delhi21

last 24 months

Capital by year

Equity funding into travel and hospitality in India

amount rounds
$364m201810
$18m20197
$3.1m20205
$51m20219
$3.3m20226
$152m202312
$31m202415
$183m202510
$163k20262

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2018, with US$364.39m across 10 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$2.12m10 rounds · median US$83k
SeedUS$24.19m31 rounds · median US$449k
Series AUS$194.51m6 rounds · median US$13.07m
Series BUS$180.09m5 rounds · median US$15.00m
Series CUS$20.00m1 rounds · median US$20.00m
Where the money went · five years

Most-funded sub-sectors

Passenger airlinesUS$214.94m9 rounds · 5 companies
HotelsUS$142.10m10 rounds · 7 companies
Real estate & infrastructure developersUS$16.80m1 rounds · 1 companies
Hotel suppliesUS$15.00m1 rounds · 1 companies
Tour operatorsUS$9.94m6 rounds · 5 companies
Travel agenciesUS$7.87m5 rounds · 4 companies
Hiking camping & adventure tour operatorsUS$6.02m4 rounds · 4 companies
Corporate activity · last 24 months

M&A in Delhi

11Acquisition
10Merger

Most active acquirers

  1. Air india5
  2. Vistara3
  3. Catalyst Partners Middle East (CPME)1
  4. Ms. Priya Paul1
  5. Green Dome Investments1

Most acquired or merged

  1. Air india3
  2. Eih limited2
  3. Vistara2
  4. Eih1
  5. Apeejay Surrendra Park Hotels1

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

Travel and hospitality funding in Delhi

7 travel and hospitality companies in Delhi have recorded equity funding, US$279.34m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Delhi

Meet the people behind travel and hospitality companies in Delhi. 190 of 903 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Delhi travel and hospitality companies by sub-sector

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

Keep exploring travel and hospitality in India and nearby markets.

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