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
*********
- 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $17.8M
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First Round
First Round
(31 Dec 2008)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Series C - Ginger Hotels | Valuation | Omega TC Holdings | |
| Mar, 2013 | Amount | Series B - Ginger Hotels | Valuation | Tata Capital | |
| Nov, 2011 | Amount | Series B - Ginger Hotels | Valuation | Tata Opportunities Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are targeted for investment by Omega TC Holdings.
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Founded Year | Domain | Location | |
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Investment fund managing portfolios in sectors like finance, logistics, and engineering in India.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ginger Hotels
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ginger Hotels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ginger Hotels Comparisons
Competitors of Ginger Hotels
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ginger Hotels
Frequently Asked Questions about Ginger Hotels
When was Ginger Hotels founded?
Ginger Hotels was founded in 2003 and raised its 1st funding round 5 years after it was founded.
Where is Ginger Hotels located?
Ginger Hotels is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Ginger Hotels?
Prabhat Kumar Pani is the current CEO of Ginger Hotels.
Is Ginger Hotels a funded company?
Ginger Hotels is a funded company, having raised a total of $76.27M across 5 funding rounds to date. The company's 1st funding round was a Series B of $10.1M, raised on Dec 31, 2008.
How many employees does Ginger Hotels have?
As of Apr 05, 2024, the latest employee count at Ginger Hotels is 1,083.
What is the annual revenue of Ginger Hotels?
Annual revenue of Ginger Hotels is $43.67M as on Mar 31, 2024.
What does Ginger Hotels do?
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.
Who are Ginger Hotels's investors?
Ginger Hotels has 8 investors. Key investors include Tata Capital, Tata Investment, IHCL Tata, Oriental Hotels, and Tata Opportunities Fund.
What is Ginger Hotels's valuation?
The valuation of Ginger Hotels is $129.69M as of Apr 2018.