Radar Companies Travel and Hospitality · India
Radar · Travel and Hospitality in India

Best Travel and Hospitality Companies in India

The 2107 best Travel and Hospitality companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Adani Airports.

2107companies tracked
$5.2Bdisclosed funding
0unicorns
94have raised

India's Travel and Hospitality sector has a funding story worth reading closely — our directory tracks 2,107 companies with $5.2B in total disclosed capital, and the concentration at the top is stark. Adani Airports alone accounts for $1.8B of that, with SpiceJet pulling $617M. That's two names absorbing nearly half the pool. And the global backdrop isn't quiet either: the market sat at roughly $889.7B in 2020 and is forecast to reach $1,731.4B by 2025 at a 14.2% CAGR, a clip that makes India's aviation-heavy funding mix look like a deliberate bet on infrastructure over experience.

So what's moving underneath? App-layer momentum tells you something: median install growth across 614 hospitality, travel and tourism apps is running at roughly +19% YoY, which suggests consumer demand is real and accelerating even if funding hasn't spread evenly. As shown in 2016 research, digital touchpoints reshape how travelers discover and commit to bookings, which helps explain why investors like ICICI Venture and Brand Capital are still active here. No unicorns yet in this directory, I'll note, but the scale of earned revenue flowing through names like Akasa Air ($93M raised) and SpiceJet signals that you're looking at operating businesses, not just pitch decks.

Ranked: Best Travel and Hospitality companies in India

#CompanyDisclosed fundingRevenueRevenue YoYEmployeesFoundedTech stackMarket signals (1y)Recent signals
1Jet Airways
Provider of flight operations, engineering, inflight, corporate, and ground services
69Market top 21%Moat top 28%News top 29%Fin. health top 36%
All 11 signals ▾
Markettop 21%
Moattop 28%
Newstop 29%
Fin. healthtop 36%
Fundingtop 37%
Growthtop 39%
Talenttop 46%
Producttop 47%
Innovationtop 50%
Globalbottom 37%
Techbottom 34%
Market: 16,015 employees (top 3% of Transportation and Logistics) · Revenue ~$3.9B
Moat: Top 1% by revenue among 37 tracked Chartered Flights companies · Editorial + unicorn rating 1/10
rank vs industry peers · Fliar Intelligence Index 69/100
$381M$3.9B
FY2018
+4%16,0151993Windows ServerMicrosoft ASP.NETIIS+528 signals ▲56%
Acquisition · Lawsuit · Leadership
2Vistara
Operator of passenger airlines
76Moat top 25%Market top 26%Fin. health top 32%Partners top 35%
All 12 signals ▾
Moattop 25%
Markettop 26%
Fin. healthtop 32%
Partnerstop 35%
Producttop 36%
Techtop 40%
Fundingtop 41%
Growthtop 41%
Talentbottom 49%
Customersbottom 44%
Globalbottom 37%
Newsbottom 28%
Moat: Top 12% by revenue among 17 tracked Passenger Airlines companies · Editorial + unicorn rating 4/10
Market: 2,717 employees (top 12% of Transportation and Logistics) · Revenue ~$1.9B
rank vs industry peers · Fliar Intelligence Index 76/100
$273M$1.9B
FY2024
+24%2,7172014Apple iCloud MailMicrosoft 365TypeScript+14
3Adani Airports
Airport operator
87Moat top 18%Market top 21%Funding top 21%Fin. health top 21%
All 12 signals ▾
Moattop 18%
Markettop 21%
Fundingtop 21%
Fin. healthtop 21%
Innovationtop 25%
Growthtop 31%
Techtop 37%
Newstop 39%
Producttop 47%
Globalbottom 48%
Partnersbottom 43%
Talentbottom 40%
Moat: Top 1% by revenue among 10 tracked Airport Operators companies · Editorial + unicorn rating 4/10
Market: 303 employees (top 37% of Transportation and Logistics) · Revenue ~$1.1B
rank vs industry peers · Fliar Intelligence Index 87/100
$1.8B$1.1B
FY2025
+25%3032019SitecoreMicrosoft ASP.NETEnvoy+1025 signals
Announcements · Earnings · Capital raise
4SpiceJet
Low-cost airline offering domestic and international flight booking services with a focus on affordable air…
69Funding top 18%Market top 20%Tech top 21%Partners top 21%
All 12 signals ▾
Fundingtop 18%
Markettop 20%
Techtop 21%
Partnerstop 21%
Producttop 35%
Moattop 39%
Talenttop 42%
Newstop 47%
Customerstop 50%
Fin. healthbottom 47%
Growthbottom 37%
Globalbottom 37%
Funding: Raised $617M across 7 rounds · 7 rounds over 18 yrs (0.4/yr)
Market: 7,131 employees (top 5% of Transportation and Logistics) · Revenue ~$801M
rank vs industry peers · Fliar Intelligence Index 69/100
$617M$801M
FY2025
-21%7,131
7,131 → 11,037 (+55%) · sector median +13%
1984SentryNode.jsBootstrap+35164 signals ▼62%
Announcements · Earnings · Lawsuit
1 job opening · 1 expansion
5Akasa Air
Provider of passenger airlines and aviation services
91Innovation top 16%Talent top 16%Partners top 17%Growth top 22%
All 13 signals ▾
Innovationtop 16%
Talenttop 16%
Partnerstop 17%
Growthtop 22%
Fundingtop 24%
Newstop 25%
Techtop 27%
Markettop 28%
Fin. healthtop 34%
Producttop 34%
Moattop 36%
Customerstop 39%
Globalbottom 37%
Innovation: 10 new-product events in 24 mo
Talent: 9 named leaders on record · 9 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 91/100
$93M$548M
FY2025
+47%4,257
4,257 → 3,536 (-17%) · sector median +13%
2020CargoApple iCloud MailMicrosoft 365+10213 signals ▲115%
Announcements · Leadership · Earnings
1 job opening · 1 launch · 1 partnership
6Transrail Lighting
Developer of electricity transmission based utility projects
69Partners top 15%Market top 28%Talent top 28%Moat top 34%
All 10 signals ▾
Partnerstop 15%
Markettop 28%
Talenttop 28%
Moattop 34%
Fin. healthtop 35%
Fundingtop 41%
Growthtop 48%
Techtop 49%
Newstop 50%
Globalbottom 37%
Partners: 12 contract events in 12 mo · Named contractor/client in 12 deals
Market: 1,683 employees (top 14% of Transportation and Logistics) · Revenue ~$499M
rank vs industry peers · Fliar Intelligence Index 69/100
$20M$499M
FY2024
+30%1,683
1,683 → 2,100 (+25%) · sector median +13%
2008WordPressMySQLPHP+1727 signals ▼56%
Contracts · Earnings · Announcements
2 awards
7Titagarh
Manufacturer of freight wagons
74Product top 14%Innovation top 25%Funding top 28%Market top 31%
All 11 signals ▾
Producttop 14%
Innovationtop 25%
Fundingtop 28%
Markettop 31%
Moattop 33%
Fin. healthtop 44%
Talenttop 45%
Techbottom 48%
Growthbottom 47%
Newsbottom 40%
Globalbottom 37%
Product: 8 distinct product lines · Company stage: Public
Innovation: 8 product lines
rank vs industry peers · Fliar Intelligence Index 74/100
$107M$466M
FY2025
+1%679
679 → 1,584 (+133%) · sector median +13%
1998PleskNode.jsExhibit+102 job openings · 1 partnership
8Chalet Hotels
Provider of hotel management services
$120M$207M
FY2025
+22%2,2871986WordPressMySQLPHP+2134 signals
Earnings · Announcements · M&A
3 awards
9Samhi Hotels
Chains providing lodging and asset management services under global brands
$320M$136M
FY2025
+17%262010WordPressMySQLPHP+2316 signals ▼61%
Earnings · Announcements · M&A
10Lemon Tree Hotels
Operates a chain of hotels and resorts
$129M$130M
FY2024
1,0012002TypeScriptGoogle MapsZone.js+1738 signals
Acquisition · Announcements · Earnings
2 job openings · 1 launch · 3 expansions
11Keys Hotels
Manages the mid-budget "Keys" hotel line in India
$31M$130M
FY2024
582006
12Deltacorp
Operator of casino gaming, hospitality, and real estate businesses
$44M$93M
FY2025
-13%1,7791990NginxGoogle Font APIFont Awesome+1116 signals ▼58%
Earnings · Regulatory
13FabHotels
Online hotel booking platform
$72M$86M
FY2025
+30%626
626 → 710 (+13%) · sector median +13%
2014PHPGoogle CloudNginx+19
14Chartered
Provider of passenger transportation services and operator of fleet busses
69Tech top 26%Growth top 28%Fin. health top 28%Moat top 28%
All 7 signals ▾
Techtop 26%
Growthtop 28%
Fin. healthtop 28%
Moattop 28%
Markettop 42%
Globalbottom 37%
Fundingbottom 32%
Tech: 38 technologies across 6/8 capability areas · Cloud: Cloudflare, Vercel
Growth: Headcount 2,217 → 3,771 (+70%) across vintages · Revenue +96% YoY
rank vs industry peers · Fliar Intelligence Index 69/100
$219K$81M
FY2025
+96%3,7712007WordPressPleskMySQL+221 launch · 1 award
15Star Air
Provider of charter and passenger services to regional airlines
67Fin. health top 26%Growth top 30%Talent top 38%Innovation top 40%
All 11 signals ▾
Fin. healthtop 26%
Growthtop 30%
Talenttop 38%
Innovationtop 40%
Fundingtop 42%
Markettop 44%
Newstop 45%
Producttop 46%
Moattop 49%
Techbottom 48%
Globalbottom 32%
Fin. health: Revenue ~$75.1M (FY2024) · Net margin 11.1%
Growth: Revenue +74% YoY · Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 67/100
$17M$75M
FY2025
+74%1752017Windows ServerAnimate.cssBootstrap+1412 signals
Announcements · Earnings · Funding
2 job openings · 2 expansions
16Ginger Hotels
Operates of hotel chains
$58M$57M
FY2025
1,2472003SanityNode.jsMUI+21
17Imagicaa
Operator of amusement parks, water parks, snow parks, and hotels
$32M$50M
FY2025
+50%542
542 → 553 (+2%) · sector median +13%
2013WordPressMySQLPHP+218 signals
Earnings · M&A · Funding
1 partnership
18Bloom
Chain of hotels
$60M$42M
FY2025
+36%1,530
1,530 → 1,282 (-16%) · sector median +13%
2006TypeScriptOpenSSLZone.js+21
19Airflow Equipments
Manufacturer of railway rolling stock integrates with design, analysis, development, and fabrications
48Growth top 26%Fin. health top 35%Funding top 46%Talent bottom 49%
All 8 signals ▾
Growthtop 26%
Fin. healthtop 35%
Fundingtop 46%
Talentbottom 49%
Moatbottom 44%
Marketbottom 40%
Techbottom 33%
Globalbottom 32%
Growth: Headcount 52 → 78 (+50%) across vintages · Revenue +57% YoY
Fin. health: Revenue ~$22.8M (FY2021) · Net margin 13.4%
rank vs industry peers · Fliar Intelligence Index 48/100
$3M$23M
FY2025
+57%781998WordPressMySQLPHP+20
20Prasanna Purple
Operator of intra city bus
$12M$19M
FY2025
-13%335
335 → 216 (-36%) · sector median +13%
1986Windows ServerMicrosoft ASP.NETBootstrap+3
21Lavasa
Operator of apartments
$65M$19M
FY2017
-58%261999Windows ServerMicrosoft ASP.NETIIS+5
22SMAAASH
Chains providing entertainment activities including arcade games, bowling, and virtual reality
$58M$19M
FY2025
+41%429
429 → 733 (+71%) · sector median +13%
2009TurbopackNode.jsRadix UI+204 job openings
23Kimirica
Manufacturer of guest room amenities, airline supplies, and private label products
$15M$16M
FY2025
+34%2017WordPressMySQLPHP+26
24FLY91
Operator of passenger airlines
55Growth top 23%News top 36%Tech top 44%Funding top 45%
All 10 signals ▾
Growthtop 23%
Newstop 36%
Techtop 44%
Fundingtop 45%
Fin. healthtop 49%
Talentbottom 49%
Marketbottom 45%
Moatbottom 44%
Globalbottom 37%
Partnersbottom 35%
Growth: Revenue +3596% YoY
News: 9 BI events in 12 mo (of 39 tracked, 5 types) · +29% YoY
rank vs industry peers · Fliar Intelligence Index 55/100
$9M$16M
FY2025
+3596%2022DrupalPHPUbuntu+189 signals ▲29%
Announcements · Earnings · Contracts
1 job opening
25Sarovar Hotels
Indian hotel & restaurant chain
$13M$13M
FY2017
+3%1751994StripeAmazon Web ServicesCloudflare+20
26Sabari Hotels
A group of 3 and 4 star hotels
$16M$11M
FY2015
+78%2002
27Apodis Hotels & Resorts
Hotel operator, developer and invester in budget, mid tier and leisure segments.
$110M$8M
FY2019
+35%142008
28Brijhotels
Operator of hotels and resorts
$4M$7M
FY2025
+21%WebflowUbuntuApache HTTP Server+193 job openings · 1 partnership · 2 awards
29Siesta Hospitality
Publisher of educational materials for English language learning
$16M$7M
FY2021
-51%152005
30Wicked Ride
Provider of bike rental services
24Moat top 22%Product top 30%Funding top 35%Talent top 35%
All 9 signals ▾
Moattop 22%
Producttop 30%
Fundingtop 35%
Talenttop 35%
Customerstop 46%
Techbottom 40%
Globalbottom 38%
Marketbottom 30%
Fin. healthbottom 20%
Moat: Editorial + unicorn rating 8/10 · Soonicorn
Product: 3 published apps (331k installs) · Company stage: Series D
rank vs industry peers · Fliar Intelligence Index 24/100
$193M$4M
FY2022
172014
31Ode Spa Wellness
Provider of spa services
$15M$4M
FY2025
-1%2382007Cart FunctionalityTurbopackFirebase+22
32The Postcard Hotel
Owns & operates luxury hotel & spa
$2M$4M
FY2025
+7%1222018YouTubeNginxAmazon Web Services+179 job openings
33Capture A Trip
Provider of tour packages
$83K$2M
FY2025
+166%2016Node.jsRadix UITailwind CSS+235 job openings
34Moustache
Provider of curated hostel, hotel, and resort stays
$582K$1M
FY2025
+14%572015Node.jsUbuntuTailwind CSS+221 job opening
35OHM E Logistics
Online ride-hailing aggregator
37Growth top 12%Talent bottom 49%Moat bottom 44%Funding bottom 41%
All 10 signals ▾
Growthtop 12%
Talentbottom 49%
Moatbottom 44%
Fundingbottom 41%
Fin. healthbottom 40%
Productbottom 40%
Techbottom 39%
Globalbottom 32%
Marketbottom 28%
Newsbottom 22%
Growth: Revenue +727% YoY · Fresh capital in last 24 mo
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 37/100
$214K$359K
FY2023
+727%2020Tailwind CSSVercelHSTS
36Holiday Tribe
Provider of travel agency services
$643K$124K
FY2023
262023TypeScriptUbuntuZone.js+163 signals ▲50%
Funding · Announcements
37Leafybus
Operator of on-demand transportation services using a network of electric vehicles
24Growth top 35%Talent top 38%News top 42%Tech top 43%
All 10 signals ▾
Growthtop 35%
Talenttop 38%
Newstop 42%
Techtop 43%
Fundingbottom 45%
Productbottom 40%
Moatbottom 37%
Globalbottom 34%
Marketbottom 25%
Fin. healthbottom 12%
Growth: Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 24/100
$4M$109K
FY2025
2023RubyTinyMCECKEditor+153 signals ▲200%
Funding
38Raho
Operator of hotels
$2M$85K
FY2024
+169%2022WordPressMySQLPHP+306 job openings
39International Amusement
Amusemant parks and weekend getaways
$149M$74K
FY2017
11984
40Blue Coast Hotels
Asset management of hotels and resorts
$83M$53K
FY2025
-29%4281992
41BLADE India
Provider of private jets
5Product top 49%Funding bottom 49%Tech bottom 48%Global bottom 37%
All 9 signals ▾
Producttop 49%
Fundingbottom 49%
Techbottom 48%
Globalbottom 37%
Newsbottom 32%
Growthbottom 19%
Marketbottom 13%
Moatbottom 12%
Fin. healthbottom 9%
Product: 0 product launch events in 12 mo · Company stage: Series B
Funding: Raised $38.0M across 1 rounds · 1 rounds over 8 yrs (0.1/yr)
rank vs industry peers · Fliar Intelligence Index 5/100
$38M$563
FY2025
-100%27
27 → 14 (-48%) · sector median +13%
2018RubyBootstrapYouTube+22
42Travlounge
Operator of travel revolution and drive
$3M62020GSAPAmazon Web ServicesScrollMagic+73 job openings · 1 launch
43FusionStays
Operator of a network connecting travelers with independently-owned lodging options
$80K2018Cart FunctionalityPHPFacebook Login+28
44Della Resorts
Chains providing experiential hospitality services including luxury accommodations, adventure activities…
$25M8832009YouTubeBootstrapGSAP+192 job openings · 1 award
45Go First
Provider of travel information and e-visa services
48Innovation top 20%Market top 26%Product top 36%Talent bottom 49%
All 10 signals ▾
Innovationtop 20%
Markettop 26%
Producttop 36%
Talentbottom 49%
Fundingbottom 46%
Techbottom 37%
Newsbottom 37%
Customersbottom 35%
Globalbottom 25%
Growthbottom 10%
Innovation: 12 product lines
Market: 6,850 employees (top 7% of Transportation and Logistics)
rank vs industry peers · Fliar Intelligence Index 48/100
$12M6,85020043 signals ▼91%
Lawsuit
46EMV
Provider of travel and holiday packages
$3M2022
47Air Works Group
Provider of aviation maintenance, repair, and overhaul services for aircraft industry
40Talent top 35%Funding top 39%Market top 43%Product top 47%
All 8 signals ▾
Talenttop 35%
Fundingtop 39%
Markettop 43%
Producttop 47%
Newsbottom 40%
Globalbottom 39%
Growthbottom 37%
Techbottom 31%
Talent: Analyst team rating 5/5 · 1 named leader on record
Funding: Raised $86.0M · 10 rounds over 19 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 40/100
$86M1,219
1,219 → 1,576 (+29%) · sector median +13%
1951BootstraptoastrjQuery UI+84 signals ▼67%
M&A · Lawsuit
4 job openings
48Sterling Holiday Resorts
Provider of holiday bookings for a premium resort experience with top amenities and fun activities
$58M21986Adobe Experience ManagerJavaSalesforce+292 awards
49Adlabs Entertainment
Operator of theme park
$23M2010Tailwind CSSCloudflareHTTP/3
50Wanderers
Operator of tours and camping
$2M2015WordPressMySQLPHP+17

Top 12 Travel and Hospitality companies in India

#1
Funding Raised · India · founded 2019 · 303 employees
$1.8Braised

Airport operator. It provides aviation, cargo, and fuel farm services.

Fliar Intelligence Index™ 87how this company ranks against its industry peers
Moat
top 18%
Market
top 21%
Funding
top 21%
Fin. health
top 21%
Innovation
top 25%
Growth
top 31%
Moat: Top 1% by revenue among 10 tracked Airport Operators companies · Editorial + unicorn rating 4/10
Market: 303 employees (top 37% of Transportation and Logistics) · Revenue ~$1.1B · ~38% of tracked Airport Operators revenue (10 cos, FY2025)
Funding: Raised $1.8B across 3 rounds · 3 rounds over 5 yrs (0.6/yr) · Last round Venture Debt (Jun 2025)
Funding rounds
  • Jun 2025Venture Debt$750M
  • May 2022Conventional Debt$250M
  • May 2022Conventional Debt$750M
  • Aug 2021Conventional Debt
Founders & team
Gautam AdaniFounder & Chairman
Investors
Barclays, Deutsche Bank, J P Morgan, Standard Chartered, Apollo Global Management
Tech stack
BootstrapEnvoyGoogle AnalyticsGoogle Font ApiGoogle Tag ManagerHsts
#2
Series B · Mumbai, Maharashtra · founded 2020 · 4257 employees
$93.3Mraised

Provider of passenger airlines and aviation services. It offers a wide range of services include Cabin Baggage, In-Flight Experience, Web Check-In and Customer Support. It is helmed by a highly professional and experienced leadership team whose sights are set on the Sky while having their ears to the ground.

Fliar Intelligence Index™ 91how this company ranks against its industry peers
Innovation
top 16%
Talent
top 16%
Partners
top 17%
Growth
top 22%
Funding
top 24%
News
top 25%
Innovation: 10 new-product events in 24 mo
Talent: 9 named leaders on record · 9 C-suite/founder profiles curated · 18 leadership moves in 12 mo
Partners: 6 partnership announcements in 12 mo (7 in 24 mo) · 8 contract events in 12 mo · Named contractor/client in 8 deals
Audience (LinkedIn): 353k LinkedIn followers — 19.4% of this cohort's audience · 301 engagements/post (2.3× cohort median)
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Cabin Crew
Activity (LinkedIn): 1 product launches · 1 partnerships · 2 expansions (incl. Skynex Aero and Dunes Aviation Academy) announced in 12 mo
Funding rounds
  • Aug 2025PE
  • Feb 2025Series B$138.2M
  • Aug 2021Series A$50M
Founders & team
Bhavin JoshiCo-Founder & Sr. Vice President - LeasingAnand SrinivasanCo-Founder & Chief Information OfficerBelson CoutinhoCo-Founder and Chief Marketing & Experience Officer (CMO & CXO)
Investors
PAR Capital Management, Phoenix Capital Ventures, Premji Invest, 360 One, Minosha, Volrado Venture Partners
Tech stack
Amazon CloudfrontAmazon ElbAmazon S3Amazon Web ServicesApple Icloud MailAws Certificate Manager
#3
Public · Gurugram, Haryana · founded 1984 · 7131 employees
$616.8Mraised

SpiceJet operates as a low-cost airline offering flight booking services for domestic and international destinations. It provides affordable air tickets to over 46 cities across India and international destinations. The company also offers additional services such as baggage management, flight status updates, and check-in facilities.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Funding
top 18%
Market
top 20%
Tech
top 21%
Partners
top 21%
Product
top 35%
Moat
top 39%
Funding: Raised $617M across 7 rounds · 7 rounds over 18 yrs (0.4/yr) · Last round Post IPO (Sep 2024)
Market: 7,131 employees (top 5% of Transportation and Logistics) · Revenue ~$801M · ~3% of tracked Passenger Airlines revenue (17 cos, FY2025)
Tech: 73 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services · Devops: Nginx
Audience (LinkedIn): 407k LinkedIn followers — 22.4% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Aviation Security Professionals
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
  • Sep 2024Post IPO$358.3M
  • Feb 2024Post IPO$38.1M
  • Jan 2024Post IPO$89.5M
  • May 2015Post IPO$47M
Founders & team
S ModiFounderAjay SinghChairman and Managing Director
Investors
Invesco, Societe Generale, Goldman Sachs, Nomura, Discovery Global Opportunity, Madhusudan Kela
Tech stack
Adobe AnalyticsAdobe Audience ManagerAdobe Client Data LayerAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAdobe Target
#4
Series B · Bengaluru, Karnataka · founded 2017 · 175 employees
$16.9Mraised

Provider of charter and passenger services to regional airlines. It offers dependable and effective air travel options. It provides a number of services, such as web check-in, flight status, and cargo management, and it runs flights to a number of domestic locations.

Fliar Intelligence Index™ 67how this company ranks against its industry peers
Fin. health
top 26%
Growth
top 30%
Talent
top 38%
Innovation
top 40%
Funding
top 42%
Market
top 44%
Fin. health: Revenue ~$75.1M (FY2024) · Net margin 11.1% · Revenue +74% YoY
Growth: Revenue +74% YoY · Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 99k LinkedIn followers — 5.4% of this cohort's audience
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Assistant Manager – Quality, Assistant Security Manager
Activity (LinkedIn): 2 expansions announced in 12 mo
Funding rounds
  • Nov 2025Series B$16.9M
Founders & team
Sanjay GhodawatFounder & ChairmanSimran TiwanaCEO
Investors
Micro Labs
Tech stack
Animate.CssBootstrapBootstrap TableCore-JsFacebook PixelFont Awesome
#5
Series B · Indore, Madhya Pradesh · founded 2017
$15Mraised

Manufacturer of guest room amenities, airline supplies, and private label products. The company formulates and manufactures personal care items for the hospitality and travel industries. It offers design, concept, fragrance, and product development. The company provides custom-made experiential collections for brands.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 39k LinkedIn followers — 2.2% of this cohort's audience
Funding rounds
  • Aug 2025Series B$15M
Founders & team
Rajat JainCo-FounderMohit JainCo-Founder & CEORica JainCo-Founder
Investors
Carnelian
Tech stack
Apache Http ServerCdnjsCloudflareCloudflare Bot ManagementContact Form 7Core-Js
#6
Acquired · Mumbai, Maharashtra · founded 2013 · 542 employees
$31.9Mraised

Operator of amusement parks, water parks, snow parks, and hotels. The company provides lodging, dining, and recreational activities. The parks offer themed attractions, rides, shows, and events. Hotel accommodations include various amenities.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 26k LinkedIn followers
Activity: 1 partnerships · 1 awards (incl. Imagicaa) announced in 12 mo
Funding rounds
  • Mar 2025Post IPO$25.2M
  • Oct 2014Series B$8.2M
  • Sep 2013Series A$23.7M
Founders & team
Dhimant BakshiCEO
Investors
Nylim-jb Asset Management, Jacob Ballas Capital, ICICI Venture, Cybage, Malpani, Aymara Holdings
Tech stack
Amazon Web ServicesApache Http ServerAws Certificate ManagerBootstrapCentosCore-Js
#7
Series B · Delhi, Delhi · founded 2006 · 1530 employees
$60.3Mraised

Chain of hotels. The company partners with real estate developers and offers a chain of standardized budget hotels with amenities like free wi-fi, complimentary breakfast, custom built cloudbeds, and more. It also provides an integrated platform for its users are connected on the platform to ensure a hassle-free experience.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 32k LinkedIn followers
Activity: 1 partnerships · 1 expansions (incl. Sirona) announced in 12 mo
Funding rounds
  • Sep 2024Series B$5M
  • Nov 2023Series B$5M
  • Dec 2018Series B$14.7M
  • Apr 2018Series B$16.7M
Founders & team
Shirish SarafCo-Founder
Investors
Adonia, Samena Capital, CX Partners, Europa, Tube Investments of India, Ikonika Holdings
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesAngularApache Http Server
#8
Seed · India · founded 2023
$4.1Mraised

Operator of on-demand transportation services using a network of electric vehicles. The company facilitates point-to-point transit through a mobile application. It provides access to a fleet of shared electric vehicles for individual use.

Fliar Intelligence Index™ 24how this company ranks against its industry peers
Growth
top 35%
Talent
top 38%
News
top 42%
Tech
top 43%
Funding
bottom 45%
Product
bottom 40%
Growth: Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
News: 3 BI events in 12 mo (of 4 tracked, 2 types) · +200% YoY · Top themes: Funding
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. Eicher Trucks & Buses) announced in 12 mo
Funding rounds
  • Sep 2025Seed$4.1M
Founders & team
Animesh SharmaCo-FounderRohan DewanCo-Founder & CEO
Investors
Enetra EV
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesBabelBootstrapCdnjs
#9
Seed · Kozhikode, Kerala · founded 2020 · 6 employees
$2.9Mraised

Travlounge, a business venture under Beacon drive Pvt Ltd, offers an ultimate travel revolution for travelers focused on refreshing their journeys with a blend of joy and hygiene.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 514 LinkedIn followers
Hiring: 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Graphic Designer, Content Writer
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Jun 2025Seed$2.9M
Founders & team
Beacon DriveOwner
Investors
Sree Gokulam Chit & Finance
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesHttp/3Priority HintsTailwind Css
#10
Public · Gurugram, Haryana · founded 2010 · 26 employees
$319.6Mraised

Chains providing lodging and asset management services under global brands. The company maintains partnerships with various brands, operating an institutional ownership model. It focuses on lodging and provides asset management services. The company manages a diversified portfolio of properties.

Funding rounds
  • Aug 2023Series A$107.7M
  • Sep 2019Series A$4M
  • Jul 2018Conventional Debt$94.5M
  • Dec 2015PE$85.3M
Founders & team
Manav ThadaniDirectorAshish JakhanwalaCo-Founder & CEO & Managing Director
Investors
IFC, Equity International, GTI Capital Group, Shree Naman Group, Ray, Goldman Sachs
Tech stack
Apache Http ServerBootstrapCdnjsCloudflareContact Form 7Core-Js
#11
Public · Mumbai, Maharashtra · founded 1986 · 2287 employees
$119.9Mraised

Provider of hotel management services. It is an owner, developer, asset manager, and operator of high-end hotels. It identifies strategic locations and efficient design & development of properties focusing on gross built-up area and development cost per key.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 22k LinkedIn followers
Activity: 3 awards announced in 12 mo
Funding rounds
  • Apr 2024Post IPO$119.9M
Founders & team
Sanjay SethiManaging Director and CEO
Investors
SBI Mutual Fund, ICICI Prudential Asset Management Company, Axis Mutual Fund, Aditya Birla Sun Life AMC, Capital Group, Tech Emerge
Tech stack
Amazon Web ServicesApache Http ServerAws Certificate ManagerBootstrapCloudflareCore-Js
#12
Seed · Kolkata, West Bengal · founded 2018
$80.2Kraised

Operator of a network connecting travelers with independently-owned lodging options. The network facilitates connections between individuals seeking unique accommodations and property owners. It offers a platform for browsing, selecting, and securing reservations. The network aims to provide diverse lodging choices for varied travel preferences.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
  • Mar 2026Seed$80.2K
Founders & team
Monalisa GoswamiCo-FounderSourav GoswamiFounderFrank DallmannCEO & Managing Director
Investors
Vruddhi Capital
Tech stack
BootstrapCdnjsCloudflareCloudflare Browser InsightsCloudflare Rocket LoaderCloudinary

Funding & investor landscape

$5.2Btotal disclosed funding
86companies funded
157disclosed rounds
1rounds last 90 days
Most active investors
IIT Mandi Catalyst7 rounds
Brand Capital5 rounds
Convergent4 rounds
Europa4 rounds
ICICI Venture4 rounds
Kerala Startup Mission4 rounds
AIC-SMUTBI3 rounds
Ananta Capital3 rounds
Fairbridge Capital3 rounds
Goldman Sachs3 rounds

Notable founders

Gautam Adani
Founder & Chairman · Adani Airports
Bhavin Joshi
Co-Founder & Sr. Vice President - Leasing · Akasa Air
Anand Srinivasan
Co-Founder & Chief Information Officer · Akasa Air
S Modi
Founder · SpiceJet
Ajay Singh
Chairman and Managing Director · SpiceJet
Sanjay Ghodawat
Founder & Chairman · Star Air
Simran Tiwana
CEO · Star Air
Rajat Jain
Co-Founder · Kimirica
Mohit Jain
Co-Founder & CEO · Kimirica
Dhimant Bakshi
CEO · Imagicaa
Shirish Saraf
Co-Founder · Bloom
Animesh Sharma
Co-Founder · Leafybus
Prism market signals · India · country-scoped Prism corpus, 6,710,778 docs

Market landscape — 10 sub-themes by coverage

Share of Travel and Hospitality coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Travel and Hospitality companies are there in India?
Radar tracks 2107 indexable Travel and Hospitality companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Travel and Hospitality companies in India?
The Travel and Hospitality companies in India on this list have raised a combined $5.2B in disclosed equity funding across 86 funded companies.
Which is the highest-funded Travel and Hospitality company in India?
Adani Airports is the highest-funded Travel and Hospitality company in India, with $1.8B in disclosed equity funding.
How many Travel and Hospitality companies in India are funded?
86 of the 2107 Travel and Hospitality companies in India on this list have disclosed at least one equity funding round.
How many Travel and Hospitality unicorns are there in India?
None of the Travel and Hospitality companies in India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in India Travel and Hospitality companies?
The most active investors in India Travel and Hospitality companies on this list include IIT Mandi Catalyst, Brand Capital, Convergent, Europa, ICICI Venture.
Riya SenguptaFinancials

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

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