About HotelBids
HotelBids is a Travel & Hospitality company based in Gurugram (India) founded in 2015 by Inder Sharma. Hotels are booked through reverse bidding on an online platform. HotelBids has raised $200 thousand across 1 funding round. The company has 3 employees. Its Indian entity Hotelbids Hospitality Private Limited reported revenue of ₹51.5 Lakh. Its focus areas include Consumer, Online Travel, Accommodation and Hotel. Its competitors include TravelSpice, FindMyStay and Bid2travel; 1 of its 3 listed competitors has raised funding.
Company details
HotelBids was founded in 2015 in Gurugram, India, as an online platform in the travel and hospitality sector. Accommodations are requested by users based on city, stay dates, and budget. Offers are submitted by hotels in response, allowing selections by users according to preferences. Operations are supported by mobile applications on iOS and Android platforms.
- Headquarters Gurugram, India
- Employees 3
- Founders Inder Sharma
- SectorsTravel & Hospitality
- Email••••••••
- Website hotelbids.com
- Social LinkedIn X Facebook
- Legal Name Hotelbids Hospitality Private Limited
- Date of Incorporation 18 Jan, 2016
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹51.5 Lakh
FY 2020 · -47% YoY
- Net Loss-₹49,147
FY 2020 · -1% margin
- EBITDA-₹13,691
FY 2020 · 0% margin
- Total Equity Funding$200K (USD)
in 1 rounds
- Latest Funding Round$200K (USD), Seed
May 2016
- Employee Count3
Associated legal entities of HotelBids
HotelBids operates through Hotelbids Hospitality Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hotelbids Hospitality Private Limited CIN U55101DL2016PTC289699 | Active | 18 Jan 2016 | New Delhi, Delhi | ₹0.5 Cr | 3 | 4 | View details |
Funding Insights of HotelBids
HotelBids has successfully raised a total of $200K through 1 strategic funding round. The most recent funding activity was a Seed round of $200 thousand completed in May 2016. 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 $200,000
- Total Rounds 1
- Last Round Seed — $200,000
- First Round $200,000
(May 2016)
All 1 funding rounds of HotelBids with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2016 | $200,000 | Seed | – | – | – |
Board of directors of Hotelbids Hospitality Private Limited (HotelBids)
Hotelbids Hospitality Private Limited is the primary company behind HotelBids. The board of Hotelbids Hospitality Private Limited currently have 4 directors; the longest-serving is Inder Jeet Sharma, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Inder Jeet Sharma DIN 07200906 | Director | 18 Jan 2016 | 10 yrs 9 mo | Hotelbids Hospitality Private Limited |
| Kapil Sharma DIN 07579082 | Director | 29 Jul 2016 | 10 yrs 3 mo | Hotelbids Hospitality Private Limited |
| Bijendra Kumar Sharma DIN 08324743 | Director | 09 Jan 2019 | 7 yrs 10 mo | Hotelbids Hospitality Private Limited |
| Kuldeep Verma DIN 08346606 | Director | 10 Jun 2019 | 7 yrs 5 mo | Hotelbids Hospitality Private Limited |
People of HotelBids
1 people are tracked at HotelBids (1 in leadership); the tracked headcount is 3.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for HotelBids
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Financials of HotelBids
Figures of Hotelbids Hospitality Private Limited, the primary company behind HotelBids, for FY 2020. Revenue was ₹51.5 Lakh (-47% year on year). Net loss was -₹49,147 (-1% margin). EBITDA was -₹13,691 (0% margin). Revenue has grown at a compounded annual rate of -27% over three years.
- ₹51.5 LakhRevenue · FY 2020 · -47% YoY
- -₹49,147Net loss · -1% margin
- -₹13,691EBITDA · 0% margin
- ₹1 LakhPaid-up capital
- 3Employees (provident fund records)
- -27%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Hotelbids Hospitality Private Limited are on its company page.
Detailed financial statements for HotelBids
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of HotelBids
2 dated milestones of HotelBids across 1 years, from founding to its latest funding, stage changes and deals.
- Founded HotelBids is founded.
- Funding First funding round of $200K.
Competitors of HotelBids
HotelBids has 3 listed competitors in our database, 1 of them funded. They include TravelSpice, FindMyStay and Bid2travel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| travelspice.com | 2007 | Bengaluru, India | $340,100 | An online platform that allows users to bid on hotel prices for affordable bookings. | ||
| findmystay.com | 2012 | Delhi, India | 2 | Online platform to search & book hotel rooms and bid for hotel prices | ||
| bid2travel.com | 2009 | Delhi, India | Operates an online bidding platform for securing discounted hotel prices. |
Detailed competitors of HotelBids
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Online Travel
3 companies that operate in the same segment as HotelBids (Online Travel) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 399 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 425 |
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Related news about Hotelbids
Complete news archive for HotelBids
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Frequently Asked Questions about HotelBids
HotelBids was founded in 2015 and raised its 1st funding round 1 year after it was founded.
HotelBids is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
HotelBids is a funded company, having raised a total of $200K across 1 funding round to date. The company's 1st funding round was a Seed of $200K, raised on May 2016.
HotelBids has 3 employees.
The primary company behind HotelBids, Hotelbids Hospitality Private Limited, reported revenue of ₹51.5 Lakh for FY 2020, down 47% year on year.
HotelBids was founded in 2015 in Gurugram, India, as an online platform in the travel and hospitality sector. Accommodations are requested by users based on city, stay dates, and budget. Offers are submitted by hotels in response, allowing selections by users according to preferences. Operations are supported by mobile applications on iOS and Android platforms.
HotelBids's top competitors include TravelSpice, FindMyStay and Bid2travel.
HotelBids operates through Hotelbids Hospitality Private Limited.
The legal entities of HotelBids currently have 4 directors, including Kapil Sharma, Inder Jeet Sharma, Bijendra Kumar Sharma and others.