Radar Companies Travel and Hospitality · Mumbai
Radar · Travel and Hospitality in Mumbai

Best Travel and Hospitality Companies in Mumbai, India

The 273 best Travel and Hospitality companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Jet Airways.

273companies tracked
$1.1Bdisclosed funding
0unicorns
25have raised

Ranked: Best Travel and Hospitality companies in Mumbai

#CompanyRevenueDisclosed fundingLast roundEmployeesFounderTech stackRecent 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
$3.9B
FY2018
$381M158 mo ago16,015Manu Sreedharan
CEO
Windows ServerMicrosoft ASP.NETIIS+5
2IHCL
Operator of hotels
$1.0B
FY2025
89 mo ago3,048Puneet Chhatwal
CEO & MD
Adobe Experience ManagerJavaYouTube+211 partnership · 7 expansions
3Thomas Cook
Provider of holiday and tour packages
$980M
FY2025
100 mo ago2,766Mahesh Iyer
MD & CEO
WordPressMySQLPHP+403 partnerships · 1 award
4Akasa 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
$548M
FY2025
$93M10 mo ago4,257
4,257 → 3,536 (-17%)
Bhavin Joshi
Co-Founder & Sr. Vice President - Leasing
CargoApple iCloud MailMicrosoft 365+101 job opening · 1 launch · 1 partnership
5Transrail 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
$499M
FY2024
$20M32 mo ago1,683
1,683 → 2,100 (+25%)
Digambar Bagde
Founder
WordPressMySQLPHP+172 awards
6Club Mahindra
Listing platform for hotels & restaurants
$341M
FY2024
194 mo ago3,704October CMSPHPLaravel+291 job opening · 1 award
7Travel Food Services
Provider of food and beverages services at airports
$209M
FY2025
$3M146 mo ago3,402
3,402 → 2,568 (-25%)
Sunil Kapur
Founder
PHPAnimate.cssBootstrap+121 award
8Chalet Hotels
Provider of hotel management services
$207M
FY2025
$120M26 mo ago2,287Sanjay Sethi
Managing Director and CEO
WordPressMySQLPHP+213 awards
9AISATS
Provider of airport ground handling and gateway services for airlines
$171M
FY2025
53 mo ago7,500Sanjay Gupta
CEO
Apple iCloud MailMicrosoft 365PHP+81 job opening
10Keys Hotels
Manages the mid-budget "Keys" hotel line in India
$130M
FY2024
$31M108 mo ago58Anshu Sarin
CEO
11Deltacorp
Operator of casino gaming, hospitality, and real estate businesses
$93M
FY2025
$44M204 mo ago1,779Ashish Kapadia
Managing Director
NginxGoogle Font APIFont Awesome+11
12Timezone
Provider of venue for events
$63M
FY2025
$224K50 mo ago375Malcolm Steinberg
Founder
Cart FunctionalityShopifyBootstrap+22
13Ginger Hotels
Operates of hotel chains
$57M
FY2025
$58M98 mo ago1,247Prabhat Pani
CEO
SanityNode.jsMUI+21
14Imagicaa
Operator of amusement parks, water parks, snow parks, and hotels
$50M
FY2025
$32M14 mo ago542
542 → 553 (+2%)
Dhimant Bakshi
CEO
WordPressMySQLPHP+211 partnership
15Aman Aviation & Aerospace Solutions
Provider of aviation and aerospace MRO services
$22M
FY2025
51 mo agoRajendra Johri
Founder & CEO & Managing Director
LiteSpeedjQueryHostinger+1
16Lavasa
Operator of apartments
$19M
FY2017
$65M197 mo ago26Windows ServerMicrosoft ASP.NETIIS+5
17SMAAASH
Chains providing entertainment activities including arcade games, bowling, and virtual reality
$19M
FY2025
$58M91 mo ago429
429 → 733 (+71%)
Shirish Kotmire
CEO
TurbopackNode.jsRadix UI+204 job openings
18Sarovar Hotels
Indian hotel & restaurant chain
$13M
FY2017
$13M234 mo ago175Ajay Bakaya
Co-Founder & Managing Director
StripeAmazon Web ServicesCloudflare+20
19Mirah Hospitality
Multiple brand owners in hospitality
$13M
FY2025
$728K206 mo ago32Gaurav Goenka
Owner
WordPressMySQLPHP+15
20Fern Hotel & Resorts
Operator of hotels and resorts
$11M
FY2024
$352K134 mo ago591Suhail Kannampilly
Managing Director
Node.jsPHPUbuntu+13
21Mint Hotels
Operator of hotels and resorts
$9M
FY2020
111 mo ago149Shirish Arya
Co-Founder
22Jodhpur Pali Expressway
Expressway connecting Jodhpur and Pali
$9M
FY2025
111 mo ago48
23Apodis Hotels & Resorts
Hotel operator, developer and invester in budget, mid tier and leisure segments.
$8M
FY2019
$110M122 mo ago14Mahesh Gandhi
Co-Founder
247 Apple Hotels
Chain of hotels and resorts
$7M
FY2025
240
240 → 263 (+10%)
Aman Shaikh
CEO
Microsoft ASP.NETBootstrapCloudflare+15
25Adventure Education Tours
Provider of educational adventure tours booking and management services
$7M
FY2025
Sharukh Shrff
CEO
WordPressMySQLPHP+17
26IntelliStay Hotels
Operator of hotel accommodations
$7M
FY2020
$3M85 mo ago60Rohan Dsilva
Co-Founder & CFO
27Aarinstar Enterprises
Company providing a range of transportation services, including car rental, outstation trips, and…
$6M
FY2025
Priya Mehta
Co-Founder
285D Global Travel Solutions
Travel company offering niche market wing and special interest tours
$4M
FY2025
Srinivas Yele
Co-Founder & Director
29Chiliad Procons
Media company provides the development of amusement parks
$4M
FY2020
$2M98 mo agoRajendra Jain
Co-Founder
2 job openings
30Aeromarineindia
Designer and manufacturer of specialized industrial equipment
$3M
FY2025
PHPGoogle MapsamCharts+181 expansion
31Svenska Hotels
Owner and operator of luxury hotels
$518K
FY2025
$6M176 mo ago103PleskWindows ServerMicrosoft ASP.NET+141 award

Top 12 Travel and Hospitality companies in Mumbai

#1
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 — 19.9% of this cohort's audience · 301 engagements/post (1.9× 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
#2
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
#3
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
#4
Public · Mumbai, Maharashtra · founded 2008 · 1683 employees
$19.8Mraised

Developer of electricity transmission based utility projects. It offers a wide range of services includes designing, manufacturing, testing, installation, and supply of galvanized steel structures & conductors for transmission & distribution, railway electrification, and power system construction. It services includes design engineering, tower testing, street lighting poles, sports lighting, telecom monopoles, and railway electrification.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Partners
top 15%
Market
top 28%
Talent
top 28%
Moat
top 34%
Fin. health
top 35%
Funding
top 41%
Partners: 12 contract events in 12 mo · Named contractor/client in 12 deals · Marquee-customer mentions: top 30% of tracked companies
Market: 1,683 employees (top 14% of Transportation and Logistics) · Revenue ~$499M · Top 1% by revenue among 3257 tracked Real Estate & Infrastructure Developers peers
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Audience (LinkedIn): 34k LinkedIn followers
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
  • Sep 2023Series A$16.8M
  • Jan 2017Seed$2.4M
  • Mar 2016Seed$648.9K
Founders & team
Digambar BagdeFounderDeepak KhandelwalCFORajesh NeelakantanGroup CFO & CSO
Investors
Gammon, Ajanma Holdings, Ambit, Canara Bank, Punjab National Bank, Indian Bank
Tech stack
Animate.CssApache Http ServerAstraBootstrapCdnjsChart.Js
#5
Series B · Mumbai, Maharashtra · founded 2004 · 6850 employees
$12.1Mraised

Provider of travel information and e-visa services

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Innovation
top 20%
Market
top 26%
Product
top 36%
Talent
bottom 49%
Funding
bottom 46%
Tech
bottom 37%
Innovation: 12 product lines
Market: 6,850 employees (top 7% of Transportation and Logistics)
Product: 12 distinct product lines · 1 published app (3.0M installs) · Company stage: Series B
Founders & team
JustKey SinghCEO
Tech stack
UmbracoMicrosoft Asp.NetBootstrapSlickOwl CarouselLandbot
#6
Funding Raised · Mumbai, Maharashtra · founded 2009 · 883 employees
$25.1Mraised

Chains providing experiential hospitality services including luxury accommodations, adventure activities, fine dining, and wellness treatments. These properties offer diverse lodging options, multi-cuisine restaurants, and entertainment venues. The facilities feature extreme adventure parks, spa and salon services, and event spaces for weddings and corporate gatherings. The operations focus on integrating leisure, recreation, and dining within expansive resort environments.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 29k LinkedIn followers
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Graphic Designer
Activity: 1 awards announced in 12 mo
Funding rounds
  • Feb 2023Conventional Debt$25.1M
Founders & team
Jimmy MistryFounder & Managing Director
Investors
Nomura
Tech stack
BootstrapCdnjsCloudflareCloudflare Browser InsightsCore-JsCrazy Egg
#7
Acquired · Mumbai, Maharashtra · founded 1993 · 16015 employees
$380.6Mraised

Provider of flight operations, engineering, inflight, corporate, and ground services

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Market
top 21%
Moat
top 28%
News
top 29%
Fin. health
top 36%
Funding
top 37%
Growth
top 39%
Market: 16,015 employees (top 3% of Transportation and Logistics) · Revenue ~$3.9B · ~92% of tracked Chartered Flights revenue (37 cos, FY2025)
Moat: Top 1% by revenue among 37 tracked Chartered Flights companies · Editorial + unicorn rating 1/10
News: 28 BI events in 12 mo (of 2276 tracked, 16 types) · +56% YoY · Top themes: Acquisition, Lawsuit, Announcements
Funding rounds
  • Apr 2013Post IPO$380.6M
Founders & team
Manu SreedharanCEO
Investors
Etihad Airways, DSA Investments
Tech stack
Animate.CssAzureBootstrapBootstrap IconsDigicertGoogle Font Api
#8
Deadpooled · Mumbai, Maharashtra · founded 2008 · 14 employees
$110.3Mraised

Apodis Hotels & Resorts Ltd. is a hotel operator, developer and investor. It has interests in budget, mid market and leisure hospitality segments. It has developed Tune Hotels in India whose concept is to build by acquiring land (0.5 to 1 acre) or develop an existing structure (30000+ sqft) into low cost rooms with space efficiency and tech infra. In the mid market segment it looks to develop boutique brands, serviced apartments and acquiring and branding business hotels. Apart from Tune, the company has Intel stay Hotels and Brand Mango Suites in its bouquet.

Funding rounds
  • Apr 2016PE$900.9K
  • Apr 2015Series C$1.3M
  • Apr 2014Series C$5.5M
  • Mar 2011Series C$22.6M
Founders & team
Mahesh GandhiCo-Founder
Investors
Vistra ITCL, Prama Hotels and Resorts, Trikona Capital
Tech stack
Nginx
#9
Series C · Mumbai, Maharashtra · founded 2009 · 429 employees
$58.3Mraised

Chains providing entertainment activities including arcade games, bowling, and virtual reality. They offer go-karting, cricket simulation, and dance-off experiences. The establishment facilitates birthday parties, corporate events, and tournaments. Deals and combos are available for various games.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers
Hiring: 6 hiring posts in 12 mo (public) · momentum +2 · hiring: Corporate Sales Executive, Corporate Sales Manager
Funding rounds
  • Oct 2018Series C$2.3M
  • Dec 2017Series C$14.2M
  • Oct 2017Series C$15.3M
  • Sep 2017Series B$3.4M
Founders & team
Shirish KotmireCEO
Investors
L N Bangur Group, ACG Group, Penguin Trading And Agencies, Urmi Foundation, Sixth Sense Ventures, Hero
Tech stack
BootstrapCdnjsCloudflareCloudflare Browser InsightsCore-JsFacebook Pixel
#10
Series C · Mumbai, Maharashtra · founded 2003 · 1247 employees
$58.5Mraised

Operates of hotel chains. They offer modern, stylish accommodations with thoughtful amenities designed for business and leisure travelers, featuring a blend of work, play, and relaxation spaces. It focuses on providing a lean-luxe experience with smart design, urban vibes, and service that combines comfort and connectivity.

Funding rounds
  • Apr 2018Series C$17.8M
  • Mar 2013Series B$9.2M
  • Nov 2011Series B$10.1M
  • Apr 2011Series B$11M
Founders & team
Prabhat PaniCEO
Investors
Omega TC Holdings, Tata Capital, Tata Investment, Oriental Hotels, Piem Hotels, Tifco Holdings
Tech stack
AmpCloudflareCore-JsEmotionFacebook PixelGoogle Analytics
#11
Funding Raised · Mumbai, Maharashtra · founded 1999 · 26 employees
$65.2Mraised

Lavasa Corporation is a company that has developed and manages an Industrial park situated on a hill city in India. The city on the hills has been equipped with luxurious villas, business centers, KPO's, hospitality, education centers, retail parks, and shopping malls. Lavasa Corporation Limited operates as a subsidiary of HCC Real Estate Ltd.

Funding rounds
  • Jan 2010Conventional Debt$54.8M
  • Jul 2009Conventional Debt$10.5M
Investors
ICICI Bank, IndusInd Bank, Brand Capital, Timesgroup, Axis Bank, Bank of India
Tech stack
FancyboxFlexsliderGoogle AnalyticsIisJqueryJquery Ui
#12
Public · Mumbai, Maharashtra · founded 1990 · 1779 employees
$43.5Mraised

Operator of casino gaming, hospitality, and real estate businesses. The company focuses on diversified segments within these industries. It aims to enhance value for its stakeholders. The company also seeks sustainable and profitable growth.

Funding rounds
  • 2009Post IPO$17.9M
  • 2008Post IPO$25.6M
Founders & team
Ashish KapadiaManaging Director
Investors
ICICI Venture, Rare Enterprises
Tech stack
AosCdnjsCloudflareFancyboxFont AwesomeGoogle Analytics

Funding & investor landscape

$1.1Btotal disclosed funding
26companies funded
48disclosed rounds
0rounds last 90 days
Most active investors
Brand Capital4 rounds
ICICI Venture3 rounds
Berggruen Holdings2 rounds
Chaudhary Group2 rounds
Nylim-jb Asset Management2 rounds
Rare Enterprises2 rounds
Tech Emerge2 rounds
United Bank of India2 rounds
360 One1 rounds
ACG Group1 rounds

Notable founders

Bhavin Joshi
Co-Founder & Sr. Vice President - Leasing · Akasa Air
Anand Srinivasan
Co-Founder & Chief Information Officer · Akasa Air
Dhimant Bakshi
CEO · Imagicaa
Sanjay Sethi
Managing Director and CEO · Chalet Hotels
Digambar Bagde
Founder · Transrail Lighting
Deepak Khandelwal
CFO · Transrail Lighting
JustKey Singh
CEO · Go First
Jimmy Mistry
Founder & Managing Director · Della Resorts
Manu Sreedharan
CEO · Jet Airways
Mahesh Gandhi
Co-Founder · Apodis Hotels & Resorts
Shirish Kotmire
CEO · SMAAASH
Prabhat Pani
CEO · Ginger Hotels
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 Mumbai, India?
Radar tracks 273 indexable Travel and Hospitality companies headquartered in Mumbai, India, India, that meet our profile-completeness bar.
What is the total funding raised by Travel and Hospitality companies in Mumbai, India?
The Travel and Hospitality companies in Mumbai, India on this list have raised a combined $1.1B in disclosed equity funding across 26 funded companies.
Which is the highest-funded Travel and Hospitality company in Mumbai, India?
Jet Airways is the highest-funded Travel and Hospitality company in Mumbai, India, with $380.6M in disclosed equity funding.
How many Travel and Hospitality companies in Mumbai, India are funded?
26 of the 273 Travel and Hospitality companies in Mumbai, India on this list have disclosed at least one equity funding round.
How many Travel and Hospitality unicorns are there in Mumbai, India?
None of the Travel and Hospitality companies in Mumbai, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Mumbai, India Travel and Hospitality companies?
The most active investors in Mumbai, India Travel and Hospitality companies on this list include Brand Capital, ICICI Venture, Berggruen Holdings, Chaudhary Group, Nylim-jb Asset Management.
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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