Pod hotel Startup NapTapGo Raises Rs 2 Crore in Seed Funding
• Naptapgo, a startup specializing in pod hotels, has raised Rs 2 crore in pre-Seed funding
• The funds will be used for franchise development, marketing, and technology by FY27.
• Founders focuses on providing affordable luxury accommodations in the market.
Naptapgo, a startup operating pod hotels that is transforming budget hospitality, has raised Rs 2 crore in a pre-Seed funding round from Inflection Point Ventures, a Gurugram-based angel investment venture. The startup had earlier this year, in March, raised $500,000 from T9L Qube, a relatively larger venture studio in India.
The startup will utilize the funds raised to fuel growth in important sectors such as franchise development, marketing, technology advancements, and creating innovative methods for improving customer experience. The strategic funding will spur Naptapgo's growth in urban as well as religious centers, the release adds.
Founded by Nitin Malhotra (Founder & CEO) and Himanshu Shukla (Co-Founder & VP Ops), Naptapgo is a pod hotel startup providing clean, hygienic, and value-for-money accommodations for the new-age traveler. The startupcurrently has the NCR business city vertical and will move into religious cities such as Katra and Amritsar in FY26 and target 20 properties by FY27.
The company asserts that its innovative strategy, such as flexible check-in, by-the-hour stays, and sustainable operations, differentiates it within the competitive hotel industry.
Currently operational in NCR, Naptapgo aims to introduce properties in Gurgaon, Bengaluru, Mumbai, Katra and Amritsar, with a target of 20 properties by FY27. One of the strengths of Naptapgo is its affordable luxury model, which is a blend of strategic location focus, compact efficiency, and flexible stay options through robust technology plugins.
"At Naptapgo, we aim to be a major contributor to the $1300 billion worldwide hotel industry, beginning in India, and make the Indian affordable hotel segment look different. Customer experience is our overall differentiator as we work towards creating value for our franchises and shareholders," Nitin Malhotra & Himanshu Shukla, NapTapGo Co-Founders.
Interestingly, Naptapgo has garnered strategic funding from the Government of India PSU Balmer Lawrie and a backing from billionaire Anand Mahindra.
The Indian hospitality sector is worth more than $30 billion and will grow to $55 billion by 2030 at an annual growth rate of 10.8%, according to the startup, with the global market standing at $1300 billion.
• The funds will be used for franchise development, marketing, and technology by FY27.
• Founders focuses on providing affordable luxury accommodations in the market.
Naptapgo, a startup operating pod hotels that is transforming budget hospitality, has raised Rs 2 crore in a pre-Seed funding round from Inflection Point Ventures, a Gurugram-based angel investment venture. The startup had earlier this year, in March, raised $500,000 from T9L Qube, a relatively larger venture studio in India.
The startup will utilize the funds raised to fuel growth in important sectors such as franchise development, marketing, technology advancements, and creating innovative methods for improving customer experience. The strategic funding will spur Naptapgo's growth in urban as well as religious centers, the release adds.
Founded by Nitin Malhotra (Founder & CEO) and Himanshu Shukla (Co-Founder & VP Ops), Naptapgo is a pod hotel startup providing clean, hygienic, and value-for-money accommodations for the new-age traveler. The startupcurrently has the NCR business city vertical and will move into religious cities such as Katra and Amritsar in FY26 and target 20 properties by FY27.
The company asserts that its innovative strategy, such as flexible check-in, by-the-hour stays, and sustainable operations, differentiates it within the competitive hotel industry.
Currently operational in NCR, Naptapgo aims to introduce properties in Gurgaon, Bengaluru, Mumbai, Katra and Amritsar, with a target of 20 properties by FY27. One of the strengths of Naptapgo is its affordable luxury model, which is a blend of strategic location focus, compact efficiency, and flexible stay options through robust technology plugins.
"At Naptapgo, we aim to be a major contributor to the $1300 billion worldwide hotel industry, beginning in India, and make the Indian affordable hotel segment look different. Customer experience is our overall differentiator as we work towards creating value for our franchises and shareholders," Nitin Malhotra & Himanshu Shukla, NapTapGo Co-Founders.
Interestingly, Naptapgo has garnered strategic funding from the Government of India PSU Balmer Lawrie and a backing from billionaire Anand Mahindra.
The Indian hospitality sector is worth more than $30 billion and will grow to $55 billion by 2030 at an annual growth rate of 10.8%, according to the startup, with the global market standing at $1300 billion.
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