About Ginger Hotels
Ginger Hotels is a company based in Mumbai (India) founded in 2003. Ginger Hotels has raised $76.27 million across 5 funding rounds from investors including Tata Capital, Tata Investment and IHCL Tata. The company has 1,083 employees as of April 05, 2024.
- Headquarter Mumbai, India
- Employees 1083 as on 05 Apr, 2024
- Stage Minicorn
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Sectors
Travel & Hospitality
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Email
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Phone
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Website
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Social
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- Legal Name Roots Corporation Limited
- Date of Incorporation 24 Dec, 2003
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$43.67 M (USD)21.89as on Mar 31, 2024
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Net Profit
$5.13 M (USD)-38.29as on Mar 31, 2024
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EBITDA
$15.56 M (USD)18.31as on Mar 31, 2024
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Total Equity Funding
$76.27 M (USD)
in 5 rounds
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Latest Funding Round
$17.78 M (USD), Series C
Apr 12, 2018
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Investors
Tata Capital
& 7 more
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Employee Count
1083
as on Apr 05, 2024
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Funding Insights of Ginger Hotels
Ginger Hotels has successfully raised a total of $76.27M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $17.78 million completed in April 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Ginger Hotels
Ginger Hotels has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Tata Capital, Tata Investment and IHCL Tata.
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Multiple sectors are targeted for investment by Omega TC Holdings.
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Investment fund managing portfolios in sectors like finance, logistics, and engineering in India.
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Multiple sectors are invested in by this private equity firm.
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Investor details for Ginger Hotels
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Investments & Acquisitions by Ginger Hotels
Investment portfolio details for Ginger Hotels
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Financial Statements - Ginger Hotels
Detailed financials for Ginger Hotels
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Ginger Hotels Comparisons
Peer comparison for Ginger Hotels
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Competitors of Ginger Hotels
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Latest news on Ginger Hotels
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Frequently Asked Questions about Ginger Hotels
Ginger Hotels was founded in 2003 and raised its 1st funding round 5 years after it was founded.
Ginger Hotels is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Prabhat Kumar Pani is the current CEO of Ginger Hotels.
Ginger Hotels is a funded company, having raised a total of $76.27M across 5 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Ginger Hotels is 1,083.
Annual revenue of Ginger Hotels is $43.67M as on Mar 31, 2024.
Ginger Hotels are managed by Roots Corporation Limited, a subsidiary of Indian Hotels Company Limited, with establishment in 2003. The mid-market segment is targeted through the Smart Basics approach, which delivers basic accommodations at economical rates. Operations encompass ownership and management of properties across 29 cities in India, headquartered in Mumbai within the hospitality sector.
Ginger Hotels has 8 investors. Key investors include Tata Capital, Tata Investment, IHCL Tata, Oriental Hotels, and Tata Opportunities Fund.
The valuation of Ginger Hotels is $129.69M as of Apr 2018.