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The India edition · 2026

Travel and hospitalitycompanies in India

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

Explore in Radar See the ranked list ↓
5,215 company profiles1,111 with reported revenue59 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent travel and hospitality business events in India

Funding, M&A, contract wins and launches involving 6,511 travel and hospitality companies in India, last 24 months: 223 Contracts · 108 M&A deals · 24 funding rounds · 16 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractSupply

Abb · client: Cochin shipyard

Technology company ABB has won a contract from India's Cochin Shipyard to supply power and propulsion systems for two electric harbour tugs being built for Polestar Maritime.

Marine
ContractSupply

Transrail lighting · client: Na

Transrail Lighting Ltd has announced the winning of new orders worth Rs.575 crore, primarily in the power T&D segment, which includes an HVDC line contract.

Power T&D
M&AAcquisition · Announced

Pro CLB Global acquires K Globes Digital Media

Pro Clb Global has signed a memorandum of understanding (MoU) for a strategic investment and potential acquisition of K Globes Digital Media, signalling a push into higher-growth digital…

Digital Media
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
ContractInfrastructure

Klm · client: Amsterdam Airport Schiphol

Amsterdam Airport Schiphol and KLM have signed an agreement to relocate KLM's cargo and catering operations, clearing prime real estate at Schiphol Centre for new aircraft stands, a…

Aviation / Cargo
M&AAcquisition · Completed

Chalet hotels acquires Seasons hotels

Chalet Hotels has completed the acquisition of 100% of the Equity Share Capital of Seasons Hotels. Consequently, the said entity has become a wholly-owned subsidiary of the Company.

Hotel
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
M&AAcquisition · Announced

Hyderabad Metro Rail acquires L&T Metro Rail

Hyderabad Metro Rail Limited (HMRL) has signed a Share Purchase Agreement with Larsen & Toubro Limited and L&T Metro Rail (Hyderabad) Limited (LTMRHL) to acquire 100% equity shares of…

Metro Rail / Infrastructure
M&AAcquisition · Announced

Hyderabad Metro Rail acquires L&T Metro Rail (Hyderabad) Limited

Larsen & Toubro (L&T) has announced the complete divestment of its stake in L&T Metro Rail (Hyderabad) Limited for a consideration of ₹1,461.47 crore.

Construction/Metro Rail
M&AAcquisition · Completed

Chalet hotels acquires Seasons hotels

Chalet Hotels has successfully completed the first tranche of its acquisition of Seasons Hotels Private Limited, officially making it a subsidiary of the company.

Hospitality
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…

ContractSupply

Tata motors · client: Aisats

Air India SATS Airport Services Private Limited (AISATS) has ordered 21 electric airport passenger coaches from Tata Motors

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
ContractSupply

Kernex microsystems · client: PCMM Office, Patiala

Kernex Microsystems (India) has been awarded a significant contract valued at ₹67.53 crore, inclusive of GST, by the PCMM Office, Patiala.

FundingTerm loan and working capital facility

Imagicaaworld entertainment

Imagicaaworld Entertainment Limited has announced the execution of financing agreements totalling Rs 65 crore with Axis Bank Limited and IDBI Trusteeship Services Limited.

Investors Axis bank, IDBI Trusteeship Services Limited
Entertainment
M&AAcquisition · Completed

Savills acquires Hotelivate

Global real estate advisory firm Savills has acquired majority stake in Hotelivate, a leading hospitality advisory firm with presence across South Asia, at an undisclosed amount.

Hospitality Advisory
LaunchQuality Inn Gurgaon

Suba hotels

Suba Hotels Limited proudly celebrates its Founder's Day on April 7, marking a defining milestone in its growth journey with the launch of 7 new properties across India.

Hotel
ContractSupply

Banaras Locomotive Works · client: Kernex microsystems

Banaras Locomotive Works, Varanas, has awarded an order valued at Rs. 91.12 crore (Incl. GST) to Kernex Microsystems (India) Limited for the Supply, Installation, Testing and…

Railway Equipment
M&AAcquisition · Completed

Adani airport holdings ltd acquires Skyiwave

Adani Enterprises Ltd on Monday said its wholly-owned subsidiary, Adani Airport Holdings Ltd (AAHL), has acquired a 100 per cent stake in out-of-home (OOH) advertising firm Skyiwave for…

OOH advertising and media solutions
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
ContractSupply

Oriana power · client: Kesari

The EPC contract for Kesari Alloys Private Limited involves a 16 MW solar project with a 10 MWh BESS capacity, valued at ₹74.34 crore.

Renewable Energy
ContractInfrastructure

Sugs Lloyd · client: Konkan railway

SUGS Lloyd Limited has secured an engineering, procurement and construction (EPC) order worth Rs 6.39 billion from Konkan Railway Corporation Limited.

Power transmission and distribution, smart grid, power infrastructure
M&AMerger

AirAsia (India) Pvt. Ltd. (now AIX Connect Pvt. Ltd.) acquires Air india express

Further, AirAsia (India) Pvt. Ltd. (now AIX Connect Pvt. Ltd.) has merged with Air India Express Ltd., and Tata SIA Airlines Ltd. (Vistara) has merged into Air India Ltd,

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

Indian hotels · client: Gulshan Group

The company has signed Indian Hotels Company (IHCL), the country's largest hospitality company, to manage this project comprising a 150-key luxury hotel, 74 apartments and one penthouse.

Travel and hospitality companies in India, by revenue

Browse travel and hospitality 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 1,111 travel and hospitality 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

Operator of hotels and resorts

Hotels
₹67,041.31 crFY 2021-22
Not reported
—Not available
51 yr1975
0none in 3 months

Low cost airline service provider

Passenger airlines
₹71,231.16 crFY 2023-24
Not reported
41,014LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Luxury 5 star hotel

Hotels
₹8,565.00 crFY 2024-25
+23%2024–2025
3,048-0% 12 mo to Sep 2024recorded Sep 2024
45 yr1981
0none in 3 months

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

Owns and operates luxury hotels and resorts

Hotels
₹6,951.67 crFY 2023-24
Not reported
25,207+9% 12 mo to Mar 2024LinkedIn · Jul 2026
123 yr1903
0none in 3 months · last posted Jul 2024

Low-cost airline offering domestic and international flight booking services with a focus on affordable air travel across multiple destinations.

Passenger airlines
₹6,768.26 crFY 2024-25
-21%2024–2025
11,037-18% 12 mo to Mar 2023LinkedIn · Jul 2026
42 yr1984
1postings · last posted Jul 2026

Provider of passenger airlines and aviation services

Passenger airlines
₹4,635.68 crFY 2024-25
+47%2024–2025
3,536+26% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
7postings · last posted Aug 2026

Provider of ship design & engineering services

Ship design and engineering services
₹4,140.64 crFY 2023-24
Not reported
5,305-5% 12 mo to Sep 2024recorded Sep 2024
54 yr1972
—No postings tracked

Developer of electricity transmission based utility projects

Real estate & infrastructure developers
₹4,130.00 crFY 2023-24
+30%2023–2024
2,100+19% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Jun 2026

Government-owned corporation responsible for operating and managing rail services

Passenger rail operators
₹4,202.67 crFY 2024-25
Not reported
—Not available
36 yr1990
0none in 3 months

Manufacturer of freight wagons

Rail equipment
₹3,943.10 crFY 2024-25
+1%2024–2025
1,584+10% vs previous recordLinkedIn · Jul 2026
28 yr1998
0none in 3 months · last posted Jun 2026

Manufacturer of rolling stocks, wagon accessories, and steel castings

Rail equipment
₹3,668.28 crFY 2023-24
Not reported
462-4% 12 mo to Mar 2024LinkedIn · Jul 2026
20 yr2006
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

Owns and operates the Royal Orchid and Regenta group of hotels

Hotels
₹2,116.95 crFY 2023-24
Not reported
230+4% 12 mo to Jun 2024recorded Jun 2024
53 yr1973
1postings · last posted Jul 2026

Provider of food and beverages services at airports

Aviation catering services
₹1,762.71 crFY 2024-25
+21%2024–2025
2,568+16% 12 mo to Apr 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of hotel management services

Real estate & infrastructure developers
₹1,754.12 crFY 2024-25
+22%2024–2025
263+33% 12 mo to Mar 2024LinkedIn · Jul 2026
40 yr1986
0none in 3 months

Provider of motor vehicles rentals and leasing services

Car rentals
₹1,727.87 crFY 2024-25
+16%2024–2025
1,228+34% vs previous recordrecorded Sep 2024
31 yr1995
0none in 3 months

Kutch Railway Company Ltd.

Passenger rail operators
₹1,438.88 crFY 2021-22
Not reported
18+6% 12 mo to Feb 2024recorded Feb 2024
—
—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

Provider of facilities and services to passengers, including flight schedules, arrivals, and departures

Airport operators
₹1,402.30 crFY 2024-25
+14%2024–2025
619+2% 12 mo to Aug 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Tamil Nadu State Transport Corporation is a government enterprise that provides better transportation facilities inside and outside state.

Bus operators
₹1,117.88 crFY 2021-22
Not reported
100,001recorded
51 yr1975
—No postings tracked

Provider of metro rail services

Passenger rail operators
₹1,190.99 crFY 2024-25
+20%2024–2025
996LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Operator of a rapid transit system providing passenger transportation services

Passenger rail operators
₹1,112.66 crFY 2024-25
-21%2024–2025
699LinkedIn · Jul 2026
16 yr2010
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
50 of 5,215 companies shown here · the full list is on Radar
Fliar Radar

Explore all 5,215 travel and hospitality companies in India on Radar

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

Open travel and hospitality in India on Radar
  • Every company, not just 50All 5,215 travel and hospitality 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 travel and hospitality companies in India by what you are looking for

Browse the top travel and hospitality companies in India, from hotel chains and tour operators to travel agencies and car rental firms. Find travel and hospitality startups in India, listed travel and hospitality stocks and companies that are hiring.

9 ways to explore travel and hospitality in India

Tour operators & travel agenciesHotels, resorts & hotel management companiesCar rental & self-drive companiesBus operators & road transport companiesAdventure tours, theme parks & attractionsAirlines, chartered flights & aviation services

Tour operators & travel agencies

Companies that plan holiday packages, guided tours and trips for individuals and groups.

  1. Veena World

    Travel agency offering affordable holiday tour packages and travel deals

    Travel agencies
    See in list
  2. Delhitourism

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

    Tour operators
    See in list
  3. Kesari Tours

    Tour operator providing end-to-end travel services

    Tour operators
    See in list
  4. SOTC India

    Provider of travel services

    Travel agencies
    See in list
  5. India Tourism Development Corporation

    Provider of tour operator services

    Tour operators
    See in list
1237 companies in IndiaAll 399 tour operators companies in India →

Hotels, resorts & hotel management companies

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

  1. ITC Hotels

    Operator of hotels and resorts

    Hotels
    See in list
  2. Cidade de Goa

    Luxury 5 star hotel

    Hotels
    See in list
  3. Indian Hotels

    Owns and operates luxury hotels and resorts

    Hotels
    See in list
  4. Oberoi Hotels

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

    Hotels
    See in list
  5. EIH

    Operates hotels and cruisers

    Hotels
    See in list
686 companies in IndiaAll 635 hotels companies in India →

Car rental & self-drive companies

Providers of car rentals, self-drive vehicles, bike rentals and corporate cars.

  1. New Pandian Travels

    Provider of car rental and employee transportation services

    Car rentals
    Website
  2. Eco Rent a Car

    Provider of luxury car rental services

    Car rentals
    Website
  3. Athena Cars

    Provider of corporate car rental services

    Car rentals
    Website
  4. NTL India

    Provider of car rental services

    Car rentals
    Website
  5. Janani Tours

    Provider of car rental services

    Car rentals
    Website
414 companies in IndiaAll 128 car rentals companies in India →

Bus operators & road transport companies

Intercity and city bus operators, transport corporations and road passenger services.

  1. Tnstc

    Tamil Nadu State Transport Corporation is a government enterprise that provides better transportation facilities inside and outside state.

    Bus operators
    See in list
  2. Chartered

    Provider of passenger transportation services and operator of fleet busses

    Bus operators
    See in list
  3. VRL Logistics

    Provider of online bus ticket booking services and luxury bus travel solutions for passengers

    Bus operators
    See in list
  4. Infant's Travels

    Operator of buses

    Bus operators
    Website
  5. Jujhar Group

    Operator of buses

    Bus operators
    Website
221 companies in IndiaAll 1,415 road transport tech companies in India →

Adventure tours, theme parks & attractions

Operators of adventure tours, amusement parks, museums and leisure attractions.

  1. Wonderla Holidays

    Operater of hotels, tours, and amusement parks

    Hotels
    Website
  2. Fun City India

    Amusement park offers a variety of attractions and games for kids of all ages to enjoy

    Theme & amusement parks
    Website
  3. SMAAASH

    Chains providing entertainment activities including arcade games, bowling, and virtual reality

    Theme & amusement parks
    Website
  4. Della Adventure

    Operator of amusement park

    Theme & amusement parks
    Website
  5. Vadehra Art Gallery

    Retailer of arts

    Museums & galleries
    Website
347 companies in India

Airlines, chartered flights & aviation services

Passenger airlines, private jet charters, airport operators and aviation training providers.

  1. SpiceJet

    Low-cost airline offering domestic and international flight booking services with a focus on affordable air travel across multiple destinations.

    Passenger airlines
    See in list
  2. Akasa Air

    Provider of passenger airlines and aviation services

    Passenger airlines
    See in list
  3. Cochin International Airport

    Provider of facilities and services to passengers, including flight schedules, arrivals, and departures

    Airport operators
    See in list
  4. AISATS

    Operator of air India airport

    Airport operators
    See in list
  5. Star Air

    Provider of charter and passenger services to regional airlines

    Passenger airlines
    See in list
177 companies in India

Travel and hospitality startups in India

Newer travel and hospitality companies founded in recent years.

  1. APPU Hotels

    Hospitality company offering hotel facilities

    Hotels
    Website
  2. FLY91

    Operator of passenger airlines

    Passenger airlines
    Website
  3. DB RRTS Operations India

    Provider of rail maintenance and operation services

    Rail maintenance services
    Website
  4. Saltstayz

    A hospitality services company providing fully-serviced accommodations and event spaces for short and long-term stays

    Hotels
    Website
  5. Indian Cinema Tours

    Operator of national museum of indian cinema

    Museums & galleries
    Website
766 companies in India

Travel and hospitality companies hiring in India

Travel and hospitality employers with open jobs right now.

  1. Indian Hotels

    Owns and operates luxury hotels and resorts

    Hotels
    See in list
  2. SpiceJet

    Low-cost airline offering domestic and international flight booking services with a focus on affordable air travel across multiple destinations.

    Passenger airlines
    See in list
  3. Akasa Air

    Provider of passenger airlines and aviation services

    Passenger airlines
    See in list
  4. Transrail Lighting

    Developer of electricity transmission based utility projects

    Real estate & infrastructure developers
    See in list
  5. Titagarh

    Manufacturer of freight wagons

    Rail equipment
    See in list
37 companies in India

Listed travel and hospitality companies in India

Publicly listed travel and hospitality companies and stocks.

  1. IndiGo

    Low cost airline service provider

    Passenger airlines
    See in list
  2. Indian Hotels

    Owns and operates luxury hotels and resorts

    Hotels
    See in list
  3. SpiceJet

    Low-cost airline offering domestic and international flight booking services with a focus on affordable air travel across multiple destinations.

    Passenger airlines
    See in list
  4. Cochin Shipyard

    Provider of ship design & engineering services

    Ship design and engineering services
    See in list
  5. Transrail Lighting

    Developer of electricity transmission based utility projects

    Real estate & infrastructure developers
    See in list
98 companies in India
Mobile reach

Top 10 travel and hospitality apps from India

The most-installed Android apps published by travel and hospitality companies headquartered in India — 69.1M installs between them. 217 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

IndiGo Flight Booking App

by IndiGo

Installs28.3M
Rating3.69404K ratings
Last updatedJun 2026
Legal entityInterglobe Aviation LimitedCIN L62100DL2004PLC129768
View on Google Play ↗
IndiGo Flight Booking App screenshot 1IndiGo Flight Booking App screenshot 2IndiGo Flight Booking App screenshot 3IndiGo Flight Booking App screenshot 4IndiGo Flight Booking App screenshot 5IndiGo Flight Booking App screenshot 6
2

Air India: Book Flight Tickets

by Air India

Installs8.6M
Rating4.72154K ratings
Installs, year on year+19%
Last updatedMay 2026
Legal entityAIR INDIA LIMITEDCIN U62200HR2007PLC111539
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
4

RedTaxi: Book Cab, Auto & Bike

by Red Taxi

Installs5.6M
Rating4.1716K ratings
Installs, year on year+54%
Last updatedApr 2026
Legal entityAPPAC MEDIATECH PRIVATE LIMITEDCIN U72900TZ2018PTC029939
View on Google Play ↗
RedTaxi: Book Cab, Auto & Bike screenshot 1RedTaxi: Book Cab, Auto & Bike screenshot 2RedTaxi: Book Cab, Auto & Bike screenshot 3RedTaxi: Book Cab, Auto & Bike screenshot 4RedTaxi: Book Cab, Auto & Bike screenshot 5RedTaxi: Book Cab, Auto & Bike screenshot 6
5

FabHotels: Hotel Booking App

by FabHotels

Installs5.4M
Rating3.9325K ratings
Installs, year on year+9%
Last updatedMay 2026
Legal entityTRAVELSTACK TECH LIMITEDCIN U74140DL2014PLC267404
View on Google Play ↗
FabHotels: Hotel Booking App screenshot 1FabHotels: Hotel Booking App screenshot 2FabHotels: Hotel Booking App screenshot 3FabHotels: Hotel Booking App screenshot 4
6

KSRTC AWATAR Booking App

by KSRTC

Installs5.1M
Rating4.1814K ratings
Last updatedApr 2026
Legal entityKARANTAKA STATE ROAD TRANSPORT CORPOATIONdeclared on Google Play
View on Google Play ↗
KSRTC AWATAR Booking App screenshot 1KSRTC AWATAR Booking App screenshot 2KSRTC AWATAR Booking App screenshot 3KSRTC AWATAR Booking App screenshot 4KSRTC AWATAR Booking App screenshot 5KSRTC AWATAR Booking App screenshot 6
7

Tripozo: Train Flight & Travel

by Tripozo

Installs4.0M
Rating4.6534K ratings
Installs, year on year+10%
Last updatedSep 2025
Legal entityTRIPOZO PRIVATE LIMITEDdeclared on Google Play
View on Google Play ↗
Tripozo: Train Flight & Travel screenshot 1Tripozo: Train Flight & Travel screenshot 2Tripozo: Train Flight & Travel screenshot 3Tripozo: Train Flight & Travel screenshot 4Tripozo: Train Flight & Travel screenshot 5Tripozo: Train Flight & Travel screenshot 6
8

TGSRTC Official Online Booking

by TSRTC

Installs2.1M
Rating2.834K ratings
Last updatedMay 2026
Legal entityTELANGANA STATE ROAD TRANSPORT CORPORATIONdeclared on Google Play
View on Google Play ↗
TGSRTC Official Online Booking screenshot 1TGSRTC Official Online Booking screenshot 2TGSRTC Official Online Booking screenshot 3TGSRTC Official Online Booking screenshot 4TGSRTC Official Online Booking screenshot 5TGSRTC Official Online Booking screenshot 6
10

Vijayanand Travels

by VRL Logistics

Installs1.4M
Rating4.117K ratings
Installs, year on year+48%
Last updatedMay 2026
Legal entityVIJAYANAND TRAVELS PRIVATE LIMITEDCIN U60232KA2022PTC165724
View on Google Play ↗
Vijayanand Travels screenshot 1Vijayanand Travels screenshot 2Vijayanand Travels screenshot 3Vijayanand Travels screenshot 4Vijayanand Travels screenshot 5Vijayanand Travels screenshot 6
The business behind the activity

Travel and hospitality financials in India

Revenue, profit and growth from the filed annual accounts of 995 travel and hospitality companies in India for FY24-25 — 1,222 of the 5,215 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 65% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹259,562.81 cr

995 companies filing accounts

combined net profit₹8,165.20 cr

3.1% aggregate margin

are profitable75%

749 of 995 companies

median revenue~₹9.7 cr

the typical company

median revenue growth+10%

into FY24-25

earned by the top five65%

revenue concentration

Six-year view

Combined revenue of filing companies

₹73,677.57 crFY19-20880 filers
₹69,301.65 crFY20-21929 filers
₹103,598.33 crFY21-22963 filers
₹177,912.27 crFY22-231019 filers
₹238,148.95 crFY23-241049 filers
₹259,562.81 crFY24-25995 filers

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

Like-for-like

The same 887 companies over three years

+50%
FY22-23₹171,500.99 cr−₹12,818.61 cr net
FY23-24₹227,920.11 cr₹2,244.52 cr net
FY24-25₹257,320.47 cr₹8,027.21 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 cr21441% profitable
₹1–10 cr28578% profitable
₹10–100 cr33690% profitable
₹100–1,000 cr13988% profitable
Over ₹1,000 cr2176% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking294
0–20%322
20–50%184
50–100%67
Doubled+86

953 companies with accounts for both years; median growth +10%.

Profitability

Profit is concentrated at the top

749profitable
246loss-making
3.1%aggregate margin
2.6%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
KernexKERNEX MICROSYSTEMS (INDIA)LIMITED........+800%₹191.83 cr
Aman AviationAMAN AVIATION AND AEROSPACE SOLUTIONS PRIVATE LIMITED+524%₹188.45 cr
Air SafariRAJAS AEROSPORTS AND ADVENTURES PRIVATE LIMITED+446%₹58.04 cr
Radiant Globus HotelsRADIANT GLOBUS HOTELS AND ENTERTAINMENT PRIVATE LIMITED+381%
Adam VacationsADAM VACATIONS PRIVATE LIMITED₹79.47 cr
Varman AviationVARMAN AVIATION PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Blue Horizon HotelsBLUE HORIZON HOTELS PRIVATE LIMITED282.3%₹90.76 cr
SMAAASHSMAAASH ENTERTAINMENT PRIVATE LIMITED242.3%₹158.45 cr
The DenDAN HOSPITALITY INDIA PRIVATE LIMITED97.9%₹81.93 cr
Asian Hotels NorthASIAN HOTELS (NORTH) LIMITED₹320.68 cr
Viceroy HotelsVICEROY HOTELS LIMITED₹136.02 cr
RamsukhRAMSUKH DEVELOPERS PRIVATE LIMITED44.2%₹11.07 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Passenger airlines8₹160,555.87 cr~₹2,614.7 cr38%0.8%
Hotels239₹18,634.48 cr~₹14.8 cr74%16.6%
Passenger rail operators9₹17,521.55 cr~₹1,112.7 cr44%-17.0%
Rail equipment21₹10,131.62 cr~₹158.1 cr95%8.8%
Chartered flights22₹7,402.19 cr~₹45.9 cr82%18.9%
Tour operators216₹6,042.54 cr~₹2.5 cr74%4.0%
Airport operators8₹5,920.25 cr~₹96.8 cr100%27.7%
Travel agencies134₹5,170.96 cr~₹6.6 cr78%2.9%
Leaders

Largest travel and hospitality companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
IndiGoInterglobe Aviation Limited₹84,109.80 cr₹7,253.30 cr8.6%+18%
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%
SpiceJetSPICEJET LIMITED₹6,736.15 cr₹58.07 cr0.9%-21%
Taj Air, IHCLTHE INDIAN HOTELS COMPANY LIMITED₹5,145.09 cr₹1,413.23 cr27.5%+12%
Cochin ShipyardCOCHIN SHIPYARD LIMITED₹4,908.29 cr₹842.91 cr17.2%+24%
Akasa AirSNV AVIATION PRIVATE LIMITED₹4,635.68 cr−₹1,983.42 cr-42.8%+47%
Konkan RailwayKONKAN RAILWAY CORPORATION LIMITED₹4,202.67 cr₹137.69 cr3.3%-11%
TitagarhTITAGARH RAIL SYSTEMS LIMITED₹3,941.07 cr₹303.43 cr7.7%+1%
Jupiter GroupJUPITER WAGONS LIMITED₹3,904.87 cr₹373.04 cr9.6%+7%
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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

Travel and Hospitality Industry Landscape of India

The financials above are one chapter. The full travel and hospitality 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 travel and hospitality 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

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 India 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, India108

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 India

87Acquisition
18Merger
2Takeover

Most active acquirers

  1. Indian hotels16
  2. Adani Defence Systems & Technologies Ltd (ADSTL)7
  3. Air india5
  4. Chalet hotels3
  5. Adani airport holdings ltd3

Most acquired or merged

  1. Indamer6
  2. Air works5
  3. Air india express4
  4. Go first4
  5. Air Works India3

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

Go deeper in the travel and hospitality landscape reports:

Travel and Hospitality Industry Landscape of India Accounting and Tax Software Industry Landscape of India AdTech Industry Landscape of India

Travel and hospitality funding in India

59 travel and hospitality companies in India have recorded equity funding, US$1.24bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind travel and hospitality companies in India. 1,021 of 5,215 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India travel and hospitality companies by sub-sector

The most common specialisations among travel and hospitality companies in India. 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.

Coming soon