Backed by PSU Balmer Lawrie and endorsed by Anand Mahindra, the startup plans 20 properties by FY27, offering flexible, tech-driven hospitality at transit hubs and city centres; founders Nitin Malhotra and Himanshu Shukla aim to redefine short-stay travel for India’s growing mobile population
Naptapgo Raises ₹2 Crore from Inflection Point Ventures to ExpandPod Hotel Model Across Urban and Religious India
Naptapgo, a pod hotel startup redefining affordable hospitality, Naptapgo secures ₹2 Cr funding in Pre-Seed round from Inflection Point Ventures. The funds will be used to drive growth across key areas like franchise development, marketing, technology enhancements, and developing innovating techniques to enhance customer experience. This strategic investment will accelerate Naptapgo’s expansion across urban and religious hubs, strengthening its commitment to offering clean, affordable, and flexible accommodations at affordable price.
Vinay Bansal, Founder & CEO, IPV, says ‘The hospitality industry is at its peak with globalisation and digital connectivity, yet customer satisfaction has not kept pace. Over the time, hotel prices have surged while service standards have remained stagnant. NapTapGo is changing this by offering an innovative pod-hotel experience at an economical price without compromising on quality. Its accessibility and affordability for luxury spaces connects with millions of travelers seeking short-stay accommodations. At IPV, we believe NapTapGo is poised to tap into a massive market of travelers looking for smart, cost-effective lodging solutions”
Nitin Malhotra & Himanshu Shukla, Co-Founders of NapTapGo, says, “We have had an incredible journey with the IPV team, receiving constructive feedback that has strengthened our business framework. At Naptapgo, our goal is to be a significant player in the $1300 billion global hotel market, starting with India, and to redefine the perception of the Indian affordable hotel segment. Customer experience remains our key differentiator as we strive to create value for both our franchises and shareholders.”
The Indian hotel industry is valued at $30 billion and is projected to grow to $55 billion by 2030, with an annual growth rate of 10.8%. Globally, the market is worth $1300 billion, presenting a substantial opportunity for Naptapgo as it scales its innovative hospitality model
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