Company lists
The Kolkata edition · 2026

Travel and hospitalitycompanies in Kolkata

Hotels, tour operators, travel agencies, car & bus, rail and more: the companies building travel and hospitality in Kolkata, West Bengal, with their founders, funding, team size and business models.

137 company profiles46 with reported revenue2 with recorded fundingOctober 2026 edition
Kolkata · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 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, a leading engineering, procurement and construction (EPC) company, has secured fresh orders worth ₹575 crore, further strengthening its presence across the…

Infrastructure
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

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
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
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
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
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
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

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) 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 Kolkata, by revenue

Browse travel and hospitality companies in Kolkata by reported revenue, one-year revenue growth, revenue model, age and stage. The 46 companies below are the largest by their most recent reported revenue among 46 travel and hospitality companies in Kolkata, West Bengal 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 46

Operator of hotels and resorts

Hotels
₹67,041.31 crFY 2021-22
Not reported
13,956LinkedIn · Oct 2026
51 yr1975
0none in 3 months

Manufacturer of freight wagons

Rail equipment
₹3,943.10 crFY 2024-25
+1%2024–2025
1,689+10% vs previous recordLinkedIn · Oct 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
486-4% 12 mo to Mar 2024LinkedIn · Oct 2026
20 yr2006
0none in 3 months

Owns The Park and Zone chain of hotels

Hotels
₹524.43 crFY 2022-23
Not reported
690recorded
116 yr1910
—No postings tracked

Tour & Travel Company

Tour operators
₹498.42 crFY 2024-25
Not reported
666+26% 12 mo to Sep 2024LinkedIn · Oct 2026
29 yr1997
0none in 3 months · last posted Jul 2026

Operator of hotels

Hotels
₹154.44 crFY 2021-22
Not reported
94-5% 12 mo to Aug 2024recorded Aug 2024
67 yr1959
—No postings tracked

Provider of engineering and fabrication solutions, specializing in structural fabrication and galvanizing needs

Rail equipment
₹174.78 crFY 2024-25
+35%2024–2025
17-2% 12 mo to Sep 2024LinkedIn · Oct 2026
41 yr1985
0none in 3 months

Provider of railway infrastructure development, designing, and management services

Rail infrastructure managers
₹164.24 crFY 2024-25
+81%2024–2025
58-9% 12 mo to Sep 2024recorded Sep 2024
42 yr1984
0none in 3 months

Owns and manages luxurious commercial hotel

Hotels
₹154.07 crFY 2024-25
+13%2024–2025
5+7% 12 mo to Sep 2024LinkedIn · Oct 2026
19 yr2007
0none in 3 months

Developer of industrial, institutional, commercial, and residential spaces with airport access

Real estate & infrastructure developers
₹107.68 crFY 2024-25
-11%2024–2025
54LinkedIn · Oct 2026
19 yr2007
0none in 3 months

Provider of rail infrastructure and rolling stock services

Rail infrastructure managers
₹107.06 crFY 2024-25
+2%2024–2025
69+21% 12 mo to Sep 2024recorded Sep 2024
7 yr2019
0none in 3 months

Diversified construction services provider specializing in bridges, railway bridges, road over bridges, and flyovers

Rail engineering and design services
₹98.22 crFY 2024-25
+2%2024–2025
9LinkedIn · Jul 2026
44 yr1982
0none in 3 months

Provider of safety and signalling equipment for rolling stock and infrastructure in the railway industry

Rail infrastructure managers
₹84.39 crFY 2023-24
+71%2023–2024
61+1% 12 mo to Sep 2024LinkedIn · Oct 2026
10 yr2016
0none in 3 months · last posted Mar 2026

Operator of amusement and water parks, and entertainment venues

Hotels
₹79.66 crFY 2024-25
-5%2024–2025
57-0% 12 mo to Jan 2024LinkedIn · Oct 2026
37 yr1989
0none in 3 months

Five Star Hotel Hindusthan International - Online Hotel Booking & Reservation

Hotels
₹72.58 crFY 2022-23
Not reported
223LinkedIn · Jul 2026
57 yr1969
—No postings tracked

Manufacturer of railway track pads and rubber compound products

Rail equipment
₹67.10 crFY 2021-22
Not reported
23+36% 12 mo to Sep 2024LinkedIn · Jul 2026
90 yr1936
—No postings tracked

Operator of hotels

Hotels
₹65.13 crFY 2023-24
Not reported
163-2% 12 mo to Sep 2024LinkedIn · Oct 2026
55 yr1971
0none in 3 months · last posted Jun 2026

Kolkata Hotels | Hotels in Calcutta | Budget Hotels in India | Hotels in West Bengal | Budget Hotels in Kolkata - Peerless Hotels Limited

Hotels
₹65.89 crFY 2024-25
+8%2024–2025
34+0% 12 mo to Sep 2024LinkedIn · Oct 2026
36 yr1990
0none in 3 months

Operator of bus services

Bus operators
₹55.95 crFY 2021-22
Not reported
1,720+2% 12 mo to Sep 2024recorded Sep 2024
47 yr1979
—No postings tracked

Provider of travel agency and booking services

Travel agencies
₹51.69 crFY 2021-22
Not reported
—Not available
21 yr2005
0none in 3 months

Operator of hotels and restaurants

Hotels
₹47.51 crFY 2022-23
+42%2022–2023
—Not available
16 yr2010
0none in 3 months

Vedic Village Spa Resort - one of finest in India in eco-luxury. Wellness through Ayurveda and Naturopathy at Sanjeeva Spa.

Hotels
₹48.51 crFY 2024-25
+6%2024–2025
219+8% 12 mo to Sep 2024recorded Sep 2024
24 yr2002
0none in 3 months · last posted Jul 2026

West Bengal Transport Corporation provides public transport solutions such as bus, tram, ferry, night, and special services.

Bus operators
₹34.55 crFY 2021-22
Not reported
—Not available
—
—No postings tracked

Operator of hotel chains

Hotels
₹30.05 crFY 2024-25
-24%2024–2025
33+5% vs previous recordLinkedIn · Jul 2026
14 yr2012
0none in 3 months

Operator of standalone hotel

Hotels
₹23.84 crFY 2021-22
Not reported
387-6% 12 mo to Aug 2024LinkedIn · Oct 2026
35 yr1991
0none in 3 months · last posted Jun 2026
46 of 137 companies shown here · the full list is on Radar
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Explore all 137 travel and hospitality companies in Kolkata on Radar

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  • Every company, not just 50All 137 travel and hospitality companies in Kolkata, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore travel and hospitality companies in Kolkata by what you are looking for

Browse travel and hospitality companies in Kolkata, from hotels and tour operators to travel agencies, car rentals and bus services. Find top travel and hospitality companies, travel startups and listed firms.

9 ways to explore travel and hospitality in Kolkata

Hotels & hospitality companiesTour operators & holiday package providersTravel agencies & corporate travel managementCar rental & bus operatorsRailway equipment & infrastructure companiesMuseums, galleries & travel blogs

Hotels & hospitality companies

Hotel chains, standalone hotels and hotel management firms.

  1. ITC Hotels

    Operator of hotels and resorts

    Hotels
    See in list
  2. Apeejay Surrendra

    Owns The Park and Zone chain of hotels

    Hotels
    See in list
  3. Mani square

    Operator of hotels

    Hotels
    See in list
  4. Asian Hotels

    Owns and manages luxurious commercial hotel

    Hotels
    See in list
  5. Niccoparks

    Operator of amusement and water parks, and entertainment venues

    Hotels
    See in list

Tour operators & holiday package providers

Companies offering tours, pilgrimages and holiday packages.

  1. Zenith Holidays

    Tour & Travel Company

    Tour operators
    See in list
  2. Niccoparks

    Operator of amusement and water parks, and entertainment venues

    Hotels
    See in list
  3. Sailani Tours N Travel

    Provider of tour and travels services

    Tour operators
    See in list
  4. Jus Jumpin

    Entertainment company providing indoor play zones with trampolines, bouncing areas, and engaging activities at various locations

    Theme & amusement parks
    See in list
  5. My Tirth India

    Provider of pilgrimage & darshan services for tourists and pilgrims visiting religious sites

    Tour operators
    See in list

Travel agencies & corporate travel management

Travel agents, online booking and business travel managers.

  1. Zenith Holidays

    Tour & Travel Company

    Tour operators
    See in list
  2. EDPL Travels

    Provider of travel agency and booking services

    Travel agencies
    See in list
  3. Victoria Travels

    Provider of technology-enabled bus travel services and tour packages, offering customers a range of routes and options for booking affordable transportation

    Travel agencies
    See in list
  4. NatureWings

    Provider of travel agency services

    Travel agencies
    See in list
  5. Lionel India

    Corporate travel management company providing a complete bouquet of services for business travel

    Corporate travel management services
    See in list

Car rental & bus operators

Self-drive cars, taxis and intercity bus services.

  1. Bengalaero

    Developer of industrial, institutional, commercial, and residential spaces with airport access

    Real estate & infrastructure developers
    See in list
  2. City Services

    Operator of bus services

    Bus operators
    See in list
  3. Wbtc

    West Bengal Transport Corporation provides public transport solutions such as bus, tram, ferry, night, and special services.

    Bus operators
    See in list
  4. Nuvobus

    Manufacturer of electric buses

    Bus operators
    See in list
  5. Pearlcarzonrent

    Provider of car rental services with a diverse fleet

    Car rentals
    See in list

Railway equipment & infrastructure companies

Makers of rolling stock, rail components and infrastructure services.

  1. Jupiter Group

    Manufacturer of rolling stocks, wagon accessories, and steel castings

    Rail equipment
    See in list
  2. BCPL Railway Infrastructure

    Provider of railway infrastructure development, designing, and management services

    Rail infrastructure managers
    See in list
  3. Bengalaero

    Developer of industrial, institutional, commercial, and residential spaces with airport access

    Real estate & infrastructure developers
    See in list
  4. EQUUS

    Provider of rail infrastructure and rolling stock services

    Rail infrastructure managers
    See in list
  5. Rawatsons

    Diversified construction services provider specializing in bridges, railway bridges, road over bridges, and flyovers

    Rail engineering and design services
    See in list
13 companies in Kolkata

Museums, galleries & travel blogs

Art galleries, museums, heritage sites and travel content.

  1. Nehru Children's Museum

    Provider of creative painting courses and museum operator

    Afterschool programs
    Website
  2. Gallery Kolkata

    Operator of art gallery

    Museums & galleries
    Website
  3. Indian Art Olympiad

    Operator of art gallery

    Museums & galleries
    Website
  4. MyIndianArt

    Retailer of painting arts

    Art retail
    Website
  5. Leisurelydrives

    Provider of travel stories focused on scenic drives and experiences

    Travel blogs
    Website
11 companies in Kolkata

Listed travel and hospitality companies in Kolkata

Publicly listed travel, hotel and related companies in Kolkata.

  1. Titagarh

    Manufacturer of freight wagons

    Rail equipment
    See in list
  2. Jupiter Group

    Manufacturer of rolling stocks, wagon accessories, and steel castings

    Rail equipment
    See in list
  3. BCPL Railway Infrastructure

    Provider of railway infrastructure development, designing, and management services

    Rail infrastructure managers
    See in list
  4. Asian Hotels

    Owns and manages luxurious commercial hotel

    Hotels
    See in list
  5. Niccoparks

    Operator of amusement and water parks, and entertainment venues

    Hotels
    See in list
13 companies in Kolkata

Travel and hospitality startups in Kolkata

Recently founded travel and hospitality companies in Kolkata.

  1. EMV

    Provider of travel and holiday packages

    Tour operators
    Website
  2. LYFT India

    Provider of rideshare, vehicles for hire, and bike-sharing systems

    Car rentals
    Website
  3. East Wind Holidays

    Operator of tourism services, providing packaged travel itineraries and booking options

    Tour operators
    Website
  4. Travcations

    Provider of travel agency services

    Travel agencies
    Website
  5. Vista Voyage

    Provider of holiday tour packages, flights, sailing adventures, and group trips

    Travel agencies
    Website
19 companies in Kolkata

Travel and hospitality companies hiring in Kolkata

Travel and hospitality companies in Kolkata with open roles.

  1. Titagarh

    Manufacturer of freight wagons

    Rail equipment
    See in list
  2. Zenith Holidays

    Tour & Travel Company

    Tour operators
    See in list
  3. Sigma Rail Systems

    Provider of safety and signalling equipment for rolling stock and infrastructure in the railway industry

    Rail infrastructure managers
    See in list
  4. Sinclairs Hotels and Resorts

    Operator of hotels

    Hotels
    See in list
  5. The Vedic Village

    Vedic Village Spa Resort - one of finest in India in eco-luxury. Wellness through Ayurveda and Naturopathy at Sanjeeva Spa.

    Hotels
    See in list
10 companies in Kolkata
Mobile reach

Top 10 travel and hospitality apps from Kolkata

The most-installed Android apps published by travel and hospitality companies headquartered in Kolkata — 807K installs between them. 10 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

ITC Hotels

by ITC Hotels

Installs706K
Rating—
Installs, year on year+46%
Last updatedApr 2026
View on Google Play ↗
ITC Hotels screenshot 1ITC Hotels screenshot 2ITC Hotels screenshot 3ITC Hotels screenshot 4ITC Hotels screenshot 5ITC Hotels screenshot 6
8

FusionStays Extranet

by FusionStays

Installs243
Rating—
Last updatedApr 2026
View on Google Play ↗
FusionStays Extranet screenshot 1FusionStays Extranet screenshot 2FusionStays Extranet screenshot 3FusionStays Extranet screenshot 4FusionStays Extranet screenshot 5
The business behind the activity

Travel and hospitality financials in Kolkata

Revenue, profit and growth from the filed annual accounts of 45 travel and hospitality companies in Kolkata, West Bengal for FY24-25 — 51 of the 137 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 83% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹11,006.17 cr

45 companies filing accounts

combined net profit₹688.70 cr

6.3% aggregate margin

are profitable84%

38 of 45 companies

median revenue~₹30.0 cr

the typical company

median revenue growth+6%

into FY24-25

earned by the top five83%

revenue concentration

Six-year view

Combined revenue of filing companies

₹4,007.49 crFY19-2044 filers
₹3,533.30 crFY20-2146 filers
₹4,504.15 crFY21-2246 filers
₹7,750.63 crFY22-2348 filers
₹10,868.30 crFY23-2449 filers
₹11,006.17 crFY24-2545 filers

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

Like-for-like

The same 41 companies over three years

+51%
FY22-23₹7,273.74 cr₹347.11 cr net
FY23-24₹10,382.20 cr₹728.69 cr net
FY24-25₹10,975.26 cr₹688.56 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 cr520% profitable
₹1–10 cr989% profitable
₹10–100 cr20100% profitable
₹100–1,000 cr978% profitable
Over ₹1,000 cr2100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking14
0–20%21
20–50%4
50–100%3
Doubled+2

44 companies with accounts for both years; median growth +6%.

Profitability

Profit is concentrated at the top

38profitable
7loss-making
6.3%aggregate margin
3.6%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
Jus JumpinJUS JUMPIN KIDS ENTERTAINMENT PRIVATE LIMITED
Shimna EngineeringSHIMNA ENGINEERING PVT. LTD.+81%₹46.29 cr
CHANDNI TRAVELSCHANDNI TRAVELS PRIVATE LIMITED+80%₹34.70 cr
Holdwell ComponentsHOLDWELL COMPONENTS PRIVATE LIMITED+62%₹87.30 cr
BCPL Railway InfrastructureBcpl Railway Infrastructure Limited+50%₹135.67 cr
Bridge Track and TowerBRIDGE TRACK & TOWER PRIVATE LIMITED+35%₹174.78 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
NiccoparksNICCO PARKS & RESORTS LTD.23.5%₹79.66 cr
Sinclairs Hotels and ResortsSINCLAIRS HOTELS LIMITED23.5%₹59.61 cr
Hotel Polo TowersHOTEL POLO TOWERS LIMITED22.2%₹62.15 cr
Asian HotelsASIAN HOTELS (EAST) LIMITED18.9%₹134.34 cr
Hotel Hindusthan InternationalS. P. JAISWAL ESTATES PRIVATE LIMITED16.3%₹81.66 cr
Apeejay SurrendraApeejay Surrendra Park Hotels Limited13.5%₹630.67 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Rail equipment5₹8,154.30 cr~₹174.8 cr100%8.5%
Hotels15₹1,210.99 cr~₹48.5 cr80%14.9%
Tour operators6₹587.58 cr~₹12.7 cr83%1.4%
Travel agencies8₹113.29 cr~₹12.3 cr88%5.0%
Leaders

Largest travel and hospitality companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
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%
Apeejay SurrendraApeejay Surrendra Park Hotels Limited₹630.67 cr₹84.93 cr13.5%+11%
Zenith HolidaysZENITH LEISURE HOLIDAYS LIMITED₹460.55 cr₹5.42 cr1.2%+15%
WbtcWEST BENGAL TRANSPORT CORPORATION LIMITED₹252.35 cr−₹211.09 cr-83.6%+2%
Bridge Track and TowerBRIDGE TRACK & TOWER PRIVATE LIMITED₹174.78 cr₹9.13 cr5.2%+35%
City ServicesURBAN PARIBAHAN SERVICES PRIVATE LIMITED₹141.90 cr₹3.85 cr2.7%+7%
BCPL Railway InfrastructureBcpl Railway Infrastructure Limited₹135.67 cr₹8.29 cr6.1%+50%
Asian HotelsASIAN HOTELS (EAST) LIMITED₹134.34 cr₹25.40 cr18.9%+5%
BengalaeroBENGAL AEROTROPOLIS PROJECTS LIMITED₹107.68 cr−₹12.33 cr-11.4%-11%
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 India

The financials above are one chapter. The full travel and hospitality landscape of Kolkata 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 Kolkata
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 Kolkata compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months4

US$19.35m

equity rounds, last 24 months14

US$183.36m

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.

Founders and momentum in Kolkata

Meet the people behind travel and hospitality companies in Kolkata. 37 of 137 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Kolkata travel and hospitality companies by sub-sector

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