Company lists
The India edition · 2026

Travel and hospitality techcompanies in India

Online travel & booking, hotel & hospitality software, cabs & car rentals, fleet & mobility tech, aviation, rail & bus tech and more: the companies building travel and hospitality tech in India, with their founders, funding, team size and business models.

3,586 company profiles933 with reported revenue343 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent travel and hospitality tech business events in India

Funding, M&A, contract wins and launches involving 5,853 travel and hospitality tech companies in India, last 24 months: 84 Contracts · 74 M&A deals · 64 funding rounds · 10 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractSupply

Progota India · client: Indian railways

Concord Control Systems, through its associate company, Progota India, has received an order worth Rs 279.90 crore from Indian Railways for the supply, installation, testing and…

Railway
M&AAcquisition · Announced

Ziptrrip acquires Hellotravel Online Private Limited

Ziptrrip, an innovative AI powered corporate travel and expense management platform, has announced the acquisition of HelloTravel Online Private Limited, the erstwhile travel marketplace…

Travel marketplace
M&AAcquisition · Completed

Wayfarers Technologies Private Limited acquires Hellotravel Online Private Limited

Ziptrrip, a prominent AI-driven corporate travel and expense management platform, has completed its inaugural acquisition by integrating HelloTravel Online Private Limited.

MICE and business leisure travel
M&AAcquisition · Announced

Ziptrrip acquires HelloTravel Online

Corporate travel and expense management platform Ziptrrip has acquired online travel marketplace HelloTravel Online.

Online travel marketplace
M&AAcquisition · Completed

Ran Ventures acquires Zaggle

RAN Ventures purchased 1 Lakh equity shares of Zaggle from the open market on May 18, taking its stake in the company to 44.23% from 44.15%.

Fintech SaaS
M&AAcquisition · Announced

Goengineer acquires Ska

GoEngineer enhances its global presence by acquiring SKA, a key engineering technology reseller in Latin America, offering expanded solutions and services.

Engineering technology reseller
M&AAcquisition · Announced

Zaggle Prepaid Ocean Services acquires Dice

Zaggle Prepaid Ocean Services Ltd, a spend management solutions company, has said that its board has approved the transaction structure for the strategic acquisition of DICE. Zaggle has…

AI Spend Management Platform
ContractSupply

Citroën · client: Cab-e

Citroën has signed a Memorandum of Understanding (MoU) with urban e-mobility firm Cab-E, to introduce over 2000 Citroën ë-C3 EVs in Cab-E’s fleet in the Mumbai and Pune region, this year.

ContractService

Zaggle Prepaid Ocean Services · client: Generali Central Insurance Company

Generali Central Insurance Company will now have access to the Zaggle Zoyer platform, thanks to an arrangement announced by Zaggle Prepaid Ocean Services.

Spend management
Funding

Uppercase

Direct-to-consumer (D2C) luggage brand Uppercase has raised Rs 20 crore in a fresh funding round from existing investors Accel India and Volrado Venture Partners.

Investors Accel india, Volrado Venture Partners
Luggage
ContractSupply

Advanced Rail Controls · client: Indian railways

Concord Control Systems Limited has secured an order worth Rupees 84.68 crore from Indian Railways through its subsidiary on March 26, 2026.

Railway
LaunchOwnly

Rapido

After catering to select pockets of Bengaluru since June last year, Rapido formally announced the launch of Ownly, its standalone food delivery app, on March 3, 2026.

Food Delivery App
M&AAcquisition · Completed

The Broker Investment Group (TBIG) acquires U drive

TBIG has completed its largest acquisition to date with a 75% stake of Sunbury-on-Thames-based U Drive.

Insurance Brokerage
Funding

Namma yatri

Ride-hailing firm Namma Yatri raised $4.3 million in a funding round.

Ride-hailing firm
ContractTechnology

Ramco Systems · client: Tata advanced systems

Tata Advanced Systems Ltd (TASL) has chosen Ramco Systems‘ aviation software to digitally manage its upcoming maintenance, repair, and overhaul (MRO) facility for the Indian Air Force’s…

Defense
ContractTechnology

Ramco Systems · client: Sahar group

Ramco Systems Corporation, USA (RSC), a subsidiary of Ramco Systems Limited, has announced that Sahar Group, an aerospace services provider specialising in the UH-60 Black Hawk platform,…

Aerospace
ContractGovernment

Infinity infoway · client: Knowledge Consortium of Gujarat

Infinity Infoway Limited has secured a government contract worth approximately Rs 10.97 crore from Knowledge Consortium of Gujarat under the Education Department, Government of Gujarat.

Technology
FundingSeed

Six Sense Mobility

Six Sense Mobility Consumer > Road Transport Tech Delhi $4.8M Seed Piper Serica

Investors Piper Serica
Road Transport Tech
M&AAcquisition · Announced

Ixigo acquires Squad As Service, S.L. (Sqaas)

The board of directors of Ixigo also approved the acquisition of a 45.02 per cent stake in Squad As Service, S.L., Spain (Sqaas) for a total consideration of 0.45 million euro (over Rs…

M&AAcquisition · Announced

Prosus acquires Ixigo

In October last year, Dutch investment firm Prosus acquired a 10.1% stake in Ixigo for about Rs 1,296 crore.

Travel Tech
M&AAcquisition · Announced

Ixigo acquires Trenes

Travel aggregator Ixigo’s board has approved the acquisition of a 60 per cent stake in Spain’s second-largest train booking platform Online Travel Solutions (Trenes), for 11.70 million…

ContractGovernment

Na · client: Maharashtra

Maharashtra signed MoUs worth over ₹10,880 cr including solar manufacturing, in Vidarbha, including a ₹10,080 cr integrated solar and BESS manufacturing plant in Nagpur.

Solar, Manufacturing, BESS
M&AAcquisition · Completed

Ramco Management acquires Ramco Systems

Promoter Ramco Management has acquired 2.7 percent equity stake in Ramco Systems, the global enterprise software company, via open market transactions on February 3.

Enterprise Software
Funding

Hala mobility

Hala Mobility, India’s leading EV as a service platform, has secured a landmark investment and strategic equity + debt support of INR 12.25 crore following its appearance on the premiere…

EV as a service platform
M&AAcquisition · Announced

Uber india acquires Everest fleet

Uber India Systems Private Limited (“Uber”) is an existing shareholder of Everest Fleet Private Limited (“Company”) and has acquired additional convertible instruments in the Company.

M&AAcquisition · Announced

Prosus acquires Rapido

🚴 Rapido, a Bengaluru-based ride-sharing startup, was acquired for ₹2,113 crore by Prosus N.V. (via MIH Investments One B.V.), an Amsterdam, Netherlands-based global consumer internet group.

M&AAcquisition · Completed

Abeo acquires Vogo

On 22 December 2025, ABEO consolidated its position by obtaining 90.84% of the capital of VOGO, following the mixed public offer closed on 17 December.

Sports technologies
ContractSupply

Advanced Rail Controls · client: Indian railways

On Monday Concord Control Systems Limited announced that Advanced Rail Controls Private Limited, the company wholly owned subsidiary, has secured a Rs. 139.32 crore order from Indian…

Railway technology

Travel and hospitality tech companies in India, by revenue

Browse travel and hospitality tech 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 933 travel and hospitality tech 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

Online travel platform offering booking services

Online travel
₹6,947.77 crFY 2024-25
+27%2024–2025
7,498-2% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
1postings · last posted Jul 2026

Chains providing hotel and home booking services with free cancellation

Online travel
₹6,325.89 crFY 2024-25
+14%2024–2025
15,431-57% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jun 2026

App-based platform to book train tickets for travelers

Online travel
₹4,903.86 crFY 2024-25
+11%2024–2025
2,678-0% 12 mo to Sep 2024recorded Sep 2024
24 yr2002
0none in 3 months

Provider of online hotel reservation software with GDS and IDS connectivity

Hotel it
₹4,065.72 crFY 2024-25
+28%2024–2025
2LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Provider of self-drive car rental services, including delivery and support

Road transport tech
₹3,367.10 crFY 2024-25
+12%2024–2025
34+28% 12 mo to Jul 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of software solutions for airline, hospitality, and logistics sectors

Aviation it
US$284.27mFY 2024-25
Not reported
6,197LinkedIn · Jul 2026
29 yr1997
10postings · last posted Sep 2026

Platform connecting travel buyers and suppliers for booking various travel services

Online travel
₹1,799.31 crFY 2024-25
+27%2024–2025
2,826+14% 12 mo to Jul 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Provider of visa, passport, and consular outsourcing services

Online travel
₹1,537.44 crFY 2022-23
Not reported
2,535+137% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows

Hrtech
₹1,330.53 crFY 2024-25
+69%2024–2025
523+50% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Aggregator of travel and lifestyle services for various industries

Online travel
₹1,300.44 crFY 2024-25
+14%2024–2025
—Not available
15 yr2011
0none in 3 months

Provider of fleet management services including vehicle rentals and employee mobility

Road transport tech
₹1,265.32 crFY 2024-25
+19%2024–2025
1,320+59% 12 mo to Jun 2024LinkedIn · Jul 2026
10 yr2016
2postings · last posted Sep 2026

Provider of an intra-city bike taxi ride-hailing service offering affordable, quick, and comfortable rides

Road transport tech
₹1,002.87 crFY 2024-25
Not reported
5,598-2% 12 mo to Aug 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

App-based platform to book multiple travel services

Online travel
₹823.27 crFY 2024-25
Not reported
2,810-30% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
1postings · last posted Jul 2026

App-based multiple travel service booking platform

Online travel
₹651.25 crFY 2022-23
Not reported
1,102+3% 12 mo to Sep 2024recorded Sep 2024
48 yr1978
0none in 3 months

Provider of technology solutions designed to streamline travel retailing processes

Online travel
₹667.59 crFY 2024-25
-26%2024–2025
397-3% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Online retailer of travel booking services including flights, hotels, and buses

Online travel
₹603.25 crFY 2024-25
Not reported
1,307+3% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
3postings · last posted Sep 2026

Operator of leisure cruise line offering holiday voyages and experiences

Online travel
₹597.68 crFY 2024-25
+32%2024–2025
697+181% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of enterprise resource planning, payroll, and logistics software solutions

Enterprise resource planning
₹596.87 crFY 2024-25
+13%2024–2025
3,951-17% 12 mo to Mar 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Provider of vehicle transfer and tech enabled solutions

Road transport tech
₹554.47 crFY 2024-25
+34%2024–2025
543+34% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of employee transportation management solutions

Road transport tech
₹548.38 crFY 2024-25
+25%2024–2025
915+49% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Online platform facilitating booking of flights, trains, buses, and hotels

Online travel
₹517.57 crFY 2022-23
Not reported
653+7% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
19postings · last posted Sep 2026

Diversified conglomerates operates across multiple industries

Rail it
₹470.23 crFY 2024-25
+21%2024–2025
150LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Provider of digital airport consulting services

Aviation it
₹401.97 crFY 2022-23
Not reported
619LinkedIn · Jul 2026
17 yr2009
—No postings tracked

Provider of technology solutions for loyalty programs, travel, and payments

Loyalty software
₹409.08 crFY 2024-25
-35%2024–2025
357+2% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Online broker for booking private charter jet

Online travel
₹352.00 crFY 2024-25
Not reported
59-6% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months
50 of 3,586 companies shown here · the full list is on Radar
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Explore all 3,586 travel and hospitality tech 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 tech in India on Radar
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  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore travel and hospitality tech companies in India by what you are looking for

Find travel and hospitality tech companies in India, from online travel platforms and hotel software to cab and fleet technology. Browse top hospitality tech companies and travel tech startups by category.

9 ways to explore travel and hospitality tech in India

Online travel agencies & booking platformsHotel & hospitality software companiesCab, taxi & car rental companiesFleet management, tracking & mobility technologyAviation, rail & public transport technologyERP, accounting & SaaS for travel and hospitality

Online travel agencies & booking platforms

Platforms for booking hotels, holidays, trains, tours and activities.

  1. MakeMyTrip

    Online travel platform offering booking services

    Online travel
    See in list
  2. OYO

    Chains providing hotel and home booking services with free cancellation

    Online travel
    See in list
  3. IRCTC

    App-based platform to book train tickets for travelers

    Online travel
    See in list
  4. TBO

    Platform connecting travel buyers and suppliers for booking various travel services

    Online travel
    See in list
  5. Dreamfolks

    Aggregator of travel and lifestyle services for various industries

    Online travel
    See in list

Hotel & hospitality software companies

Hotel management, reservation, booking engine and guest engagement software.

  1. ResAvenue

    Provider of online hotel reservation software with GDS and IDS connectivity

    Hotel it
    See in list
  2. Tripmax

    Online B2B hotel booking platform providing a global inventory of hotels at competitive rates

    Online travel
    See in list
  3. eZee Absolute

    Provider of cloud-based software solutions for hotel and restaurant management

    Hotel it
    Website
  4. IBFW Hospitality

    Provider of corporate meeting, event management, hospitality sales & operations, and hotel technology solutions

    Event management services
    Website
  5. DigiValet

    iPad based guest room solution for luxury hotels

    Hotel it
    Website

Cab, taxi & car rental companies

Ride-hailing, self-drive and car rental platforms for travellers.

  1. Indus Go

    Provider of self-drive car rental services, including delivery and support

    Road transport tech
    See in list
  2. Rapido

    Provider of an intra-city bike taxi ride-hailing service offering affordable, quick, and comfortable rides

    Road transport tech
    See in list
  3. WTI

    Provider of vehicle transfer and tech enabled solutions

    Road transport tech
    See in list
  4. Blu-Smart

    Platform offering electric vehicle fleet undergoing corporate insolvency resolution process

    Road transport tech
    See in list
  5. Carzonrent

    Online platform offering car rental services through a digital interface

    Online travel
    Website

Fleet management, tracking & mobility technology

Fleet tracking, employee transport and logistics technology.

  1. Yulu

    Platform offering shared electric two-wheeler rentals

    Road transport tech
    See in list
  2. Arya Omnitalk

    Wireless communication, fleet management, and tolling solutions provider

    Logistics tech
    See in list
  3. Blu-Smart

    Platform offering electric vehicle fleet undergoing corporate insolvency resolution process

    Road transport tech
    See in list
  4. Trak N Tell

    Provider of GPS-based vehicle tracking solutions

    Road transport tech
    Website
  5. Fleetx

    Provider of an AI platform for fleet and transportation management

    Road transport tech
    Website

Aviation, rail & public transport technology

Software for airlines, airports, railways and bus operators.

  1. IBS Software Services

    Provider of software solutions for airline, hospitality, and logistics sectors

    Aviation it
    See in list
  2. WAISL

    Provider of digital airport consulting services

    Aviation it
    See in list
  3. e2E Rail

    Provider of rail engineering services for signaling, telecom, electrification, and track systems

    Road transport tech
    See in list
  4. VTT Mobility

    Provider of customized transportation solutions for diverse sectors

    Logistics tech
    See in list
  5. VaaaN Infra

    Tech-enabled platform offering toll & traffic management solutions

    Road transport tech
    See in list
294 companies in India

ERP, accounting & SaaS for travel and hospitality

Enterprise, accounting and SaaS software used by hotels and travel businesses.

  1. Zaggle

    Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows

    Hrtech
    See in list
  2. Ramco

    Provider of enterprise resource planning, payroll, and logistics software solutions

    Enterprise resource planning
    See in list
  3. eZee Absolute

    Provider of cloud-based software solutions for hotel and restaurant management

    Hotel it
    Website
  4. Benzy Infotech

    Software solutions provider for multiple verticals

    Enterprise resource planning
    Website
  5. Centriti

    Provider of web-enabled e-procurement management solutions

    Hotel it
    Website

Travel communities, trip planning & guidebook apps

Social platforms for travellers, trip planning and destination guides.

  1. Tripoto

    Provider of a platform for travel planning, content sharing, and booking

    Online travel
    Website
  2. Go4Explore

    App-based community for outdoor activity enthusiasts

    Online travel
    Website
  3. Explurger

    Platform for travelers to share experiences and connect with others

    Online travel
    Website
  4. Tripuntold

    Online community platform for travelers

    Online travel
    Website
  5. Travel Buddy

    App-based platform for sharing & discovering travel stories

    Online travel
    Website

Travel and hospitality tech startups in India

Recently founded travel and hospitality technology companies in India.

  1. Digitrip

    Online platform for booking multiple categories of travel services

    Online travel
    See in list
  2. Zenplus Fleet

    Company providing fleet management solutions for transportation and logistics services

    Connected vehicles
    Website
  3. Advance Mobility

    Platform offering advanced mobility solutions for transportation and infrastructure systems

    Road transport tech
    Website
  4. Carrum

    Fleet management services company that provides solutions for efficient and mobility

    Road transport tech
    Website
  5. Snap-E Cabs

    Operator of electric vehicle transportation services providing ride bookings via application

    Road transport tech
    Website
594 companies in India

Listed travel and hospitality tech companies in India

Publicly listed travel and hospitality technology companies in India.

  1. MakeMyTrip

    Online travel platform offering booking services

    Online travel
    See in list
  2. IRCTC

    App-based platform to book train tickets for travelers

    Online travel
    See in list
  3. TBO

    Platform connecting travel buyers and suppliers for booking various travel services

    Online travel
    See in list
  4. BLS International

    Provider of visa, passport, and consular outsourcing services

    Online travel
    See in list
  5. Zaggle

    Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows

    Hrtech
    See in list
16 companies in India
Mobile reach

Top 10 travel and hospitality tech apps from India

The most-installed Android apps published by travel and hospitality tech companies headquartered in India — 1038.9M installs between them. 787 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

ixigo Train, Bus, Metro Ticket

by Ixigo

Installs228.6M
Rating4.674.0M ratings
Installs, year on year+16%
Last updatedJun 2026
View on Google Play ↗
ixigo Train, Bus, Metro Ticket screenshot 1ixigo Train, Bus, Metro Ticket screenshot 2ixigo Train, Bus, Metro Ticket screenshot 3ixigo Train, Bus, Metro Ticket screenshot 4ixigo Train, Bus, Metro Ticket screenshot 5ixigo Train, Bus, Metro Ticket screenshot 6
2

Rapido: Bike-Taxi, Auto & Cabs

by Rapido

Installs214.3M
Rating4.784.2M ratings
Last updatedJun 2026
View on Google Play ↗
Rapido: Bike-Taxi, Auto & Cabs screenshot 1Rapido: Bike-Taxi, Auto & Cabs screenshot 2Rapido: Bike-Taxi, Auto & Cabs screenshot 3Rapido: Bike-Taxi, Auto & Cabs screenshot 4Rapido: Bike-Taxi, Auto & Cabs screenshot 5Rapido: Bike-Taxi, Auto & Cabs screenshot 6
3

IRCTC Rail Connect

by IRCTC

Installs153.8M
Rating3.522.8M ratings
Last updatedJun 2026
View on Google Play ↗
IRCTC Rail Connect screenshot 1IRCTC Rail Connect screenshot 2IRCTC Rail Connect screenshot 3IRCTC Rail Connect screenshot 4IRCTC Rail Connect screenshot 5IRCTC Rail Connect screenshot 6
4

MakeMyTrip - Flights & Hotels

by MakeMyTrip

Installs123.8M
Rating4.412.2M ratings
Installs, year on year+18%
Last updatedMay 2026
View on Google Play ↗
MakeMyTrip - Flights & Hotels screenshot 1MakeMyTrip - Flights & Hotels screenshot 2MakeMyTrip - Flights & Hotels screenshot 3MakeMyTrip - Flights & Hotels screenshot 4MakeMyTrip - Flights & Hotels screenshot 5MakeMyTrip - Flights & Hotels screenshot 6
5

OYO: Hotel Booking App

by OYO

Installs112.5M
Rating4.622.0M ratings
Last updatedApr 2026
View on Google Play ↗
OYO: Hotel Booking App screenshot 1OYO: Hotel Booking App screenshot 2OYO: Hotel Booking App screenshot 3OYO: Hotel Booking App screenshot 4OYO: Hotel Booking App screenshot 5OYO: Hotel Booking App screenshot 6
6

Train App: Easy Ticket Booking

by RailYatri

Installs65.8M
Rating4.611.9M ratings
Installs, year on year+8%
Last updatedMay 2026
View on Google Play ↗
Train App: Easy Ticket Booking screenshot 1Train App: Easy Ticket Booking screenshot 2Train App: Easy Ticket Booking screenshot 3Train App: Easy Ticket Booking screenshot 4Train App: Easy Ticket Booking screenshot 5Train App: Easy Ticket Booking screenshot 6
7

Indian Train Status - minits

by Minits

Installs45.8M
Rating4.49183K ratings
Installs, year on year+3%
Last updatedMay 2026
View on Google Play ↗
Indian Train Status - minits screenshot 1Indian Train Status - minits screenshot 2Indian Train Status - minits screenshot 3Indian Train Status - minits screenshot 4Indian Train Status - minits screenshot 5Indian Train Status - minits screenshot 6
8

m-Indicator: Mumbai Local

by m-Indicator

Installs44.4M
Rating4.05470K ratings
Last updatedJun 2026
View on Google Play ↗
m-Indicator: Mumbai Local screenshot 1m-Indicator: Mumbai Local screenshot 2m-Indicator: Mumbai Local screenshot 3m-Indicator: Mumbai Local screenshot 4m-Indicator: Mumbai Local screenshot 5m-Indicator: Mumbai Local screenshot 6
9

Chalo - Live Bus Tracking App

by Chalo

Installs25.8M
Rating4.02246K ratings
Installs, year on year+28%
Last updatedJun 2026
View on Google Play ↗
Chalo - Live Bus Tracking App screenshot 1Chalo - Live Bus Tracking App screenshot 2Chalo - Live Bus Tracking App screenshot 3Chalo - Live Bus Tracking App screenshot 4Chalo - Live Bus Tracking App screenshot 5Chalo - Live Bus Tracking App screenshot 6
10

Park+: FASTag & Challan App

by Park Plus

Installs24.1M
Rating4.28942K ratings
Installs, year on year+16%
Last updatedJun 2026
View on Google Play ↗
Park+: FASTag & Challan App screenshot 1Park+: FASTag & Challan App screenshot 2Park+: FASTag & Challan App screenshot 3Park+: FASTag & Challan App screenshot 4Park+: FASTag & Challan App screenshot 5Park+: FASTag & Challan App screenshot 6
The business behind the activity

Travel and hospitality tech financials in India

Revenue, profit and growth from the filed annual accounts of 787 travel and hospitality tech companies in India for FY24-25 — 1,055 of the 3,586 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 48% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹41,307.85 cr

787 companies filing accounts

combined net profit₹2,766.78 cr

6.7% aggregate margin

are profitable56%

444 of 787 companies

median revenue~₹2.3 cr

the typical company

median revenue growth+19%

into FY24-25

earned by the top five48%

revenue concentration

Six-year view

Combined revenue of filing companies

₹13,954.40 crFY19-20644 filers
₹9,219.41 crFY20-21694 filers
₹15,194.76 crFY21-22744 filers
₹25,965.56 crFY22-23774 filers
₹34,694.90 crFY23-24808 filers
₹41,307.85 crFY24-25787 filers

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

Like-for-like

The same 658 companies over three years

+58%
FY22-23₹25,133.74 cr−₹190.76 cr net
FY23-24₹32,972.81 cr₹2,066.33 cr net
FY24-25₹39,658.25 cr₹2,898.51 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 cr28838% profitable
₹1–10 cr27662% profitable
₹10–100 cr17673% profitable
₹100–1,000 cr4080% profitable
Over ₹1,000 cr786% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking228
0–20%138
20–50%154
50–100%86
Doubled+122

728 companies with accounts for both years; median growth +19%.

Profitability

Profit is concentrated at the top

444profitable
342loss-making
6.7%aggregate margin
0.6%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
TripFactoryORN TRIP FACTORY PRIVATE LIMITED+992%
TravelopediaTRAVELOPEDIA INTERNATIONAL PRIVATE LIMITED+673%₹18.46 cr
Prime EdgePRIME EDGE INFO SOLUTIONS PRIVATE LIMITED+369%₹57.55 cr
Verteil TechnologiesVERTEIL TECHNOLOGIES PRIVATE LIMITED+314%₹26.13 cr
BaazELEC TORQ TECHNOLOGIES PRIVATE LIMITED
Advance MobilityADVANCE MOBILITY PRIVATE LIMITED₹65.88 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
VerchaskaVA TECH VENTURES PRIVATE LIMITED212.8%
OYOORAVEL STAYS LIMITED123.1%₹376.92 cr
TripFactoryORN TRIP FACTORY PRIVATE LIMITED99.4%
MegaTrackerMEGA TELEMATICS PRIVATE LIMITED66.2%₹14.69 cr
TravomintSNVA TRAVELTECH LIMITED45.8%₹87.11 cr
Infinity InfowayINFINITY INFOWAY LIMITED32.5%
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Online travel309₹20,001.06 cr~₹2.5 cr60%15.6%
Road transport tech228₹11,156.56 cr~₹1.9 cr47%-6.4%
Hotel it35₹4,013.30 cr~₹1.1 cr46%3.3%
Rail it6₹961.25 cr~₹4.3 cr67%10.7%
Aviation it23₹761.66 cr~₹2.1 cr65%11.2%
Logistics tech34₹739.14 cr~₹2.6 cr68%5.0%
Smart public transport9₹577.79 cr~₹5.0 cr56%-13.4%
Fashion tech5₹212.91 cr~₹25.5 cr60%-2.0%
Leaders

Largest travel and hospitality tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
MakeMyTripMAKEMYTRIP (INDIA) PRIVATE LIMITED₹6,600.94 cr₹817.89 cr12.4%+22%
IRCTCINDIAN RAILWAY CATERING AND TOURISM CORPORATION LIMITED₹4,903.45 cr₹1,314.66 cr26.8%+11%
ResAvenueAVENUESAI LIMITED₹3,774.62 cr₹160.00 cr4.2%+27%
Indus GoINDUS MOTOR COMPANY PRIVATE LIMITED₹3,367.10 cr₹33.51 cr1.0%+12%
ZaggleZaggle Prepaid Ocean Services Limited₹1,327.16 cr₹87.48 cr6.6%+69%
DreamfolksDREAMFOLKS SERVICES LIMITED₹1,300.84 cr₹69.68 cr5.4%+14%
Everest FleetEVEREST FLEET PRIVATE LIMITED₹1,265.48 cr-4.1%+32%
RapidoROPPEN TRANSPORTATION SERVICES PRIVATE LIMITED₹979.22 cr−₹240.17 cr-24.5%+41%
WAISLWAISL LIMITED₹623.26 cr₹105.00 cr16.8%+17%
TBO, TBOTbo Tek Limited₹618.37 cr₹56.82 cr9.2%+10%
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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 Tech Industry Landscape of India

The financials above are one chapter. The full travel and hospitality tech 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 tech 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 tech funding and M&A across India

1,460 recorded equity rounds have gone to 5,853 travel and hospitality tech 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 months31

US$461.95m

equity rounds, last 24 months116

US$846.44m

raised over five yearsUS$2.81bn

504 rounds in India

M&A deals, India74

last 24 months

Capital by year

Equity funding into travel and hospitality tech in India

amount rounds
$1.6bn2018113
$2.6bn2019135
$136m202081
$612m2021106
$492m2022115
$250m202385
$786m2024107
$284m202573
$388m202618

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2019, with US$2.58bn across 135 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$14.95m94 rounds · median US$68k
SeedUS$238.69m265 rounds · median US$430k
Series AUS$401.63m70 rounds · median US$3.18m
Series BUS$392.92m34 rounds · median US$9.00m
Series CUS$423.44m18 rounds · median US$15.00m
Series D+US$1.15bn20 rounds · median US$29.83m
Where the money went · five years

Most-funded sub-sectors

Road transport techUS$1.84bn195 rounds · 72 companies
Online travelUS$577.86m172 rounds · 84 companies
Smart public transportUS$109.80m6 rounds · 2 companies
Electric vehiclesUS$100.04m23 rounds · 9 companies
Logistics techUS$58.84m13 rounds · 5 companies
Aviation itUS$40.08m13 rounds · 7 companies
Fashion techUS$27.58m12 rounds · 5 companies
Corporate activity · last 24 months

M&A in India

71Acquisition
2Merger
1Announced

Most active acquirers

  1. Zaggle Prepaid Ocean Services23
  2. Oyo8
  3. Prosus7
  4. Ixigo5
  5. Abeo3

Most acquired or merged

  1. Rapido11
  2. Vogo4
  3. Mobileware technologies3
  4. G6 hospitality3
  5. Hellotravel Online Private Limited2

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

Travel and hospitality tech funding in India

343 travel and hospitality tech companies in India have recorded equity funding, US$11.35bn 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 tech companies in India. 1,757 of 3,586 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 tech companies by sub-sector

The most common specialisations among travel and hospitality tech 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 tech in India and nearby markets.

Coming soon