About HotelsAroundYou
HotelsAroundYou was a Travel & Hospitality company based in Mumbai (India) founded in 2013 by Harsha Nallur, Animesh Chaudhary, and Mohsin Dingankar. It operates a marketplace for same-day unsold hotel rooms. It operates on a B2C model. Its Indian entity Instant Hotels Around You Private Limited reported revenue of ₹27.9 Lakh. The company is recorded as dissolved. Its focus areas include Hospitality, Accommodation, Hotel Services and Last-Minute Booking. Its competitors include NightStay, RoomsTonite and Bid Tonit; 2 of its 3 listed competitors have raised funding.
Company details
HotelsAroundYou operates a marketplace for same-day unsold hotel rooms through offering hospitality services, accommodation, hotel services, and last-minute booking. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Founders Harsha Nallur, Animesh Chaudhary, Mohsin Dingankar
- SectorsTravel & Hospitality
- Website hotelsaroundyou.com
- Social X Facebook
- Legal Name Instant Hotels Around You Private Limited
- Date of Incorporation 12 Aug, 2013
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹27.9 Lakh
FY 2016 · +265% YoY
- Net Loss-₹63.6 Lakh
FY 2016 · -228% margin
- EBITDA-₹61.5 Lakh
FY 2016 · -220% margin
- InvestorsArtha India Ventures
& 13 more
Associated legal entities of HotelsAroundYou
HotelsAroundYou operates through Instant Hotels Around You Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2016) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Instant Hotels Around You Private Limited CIN U74120MH2013PTC246888 | Strike Off | 12 Aug 2013 | Navi Mumbai, Maharashtra | ₹0.3 Cr | 3 | View details |
Investors in HotelsAroundYou
HotelsAroundYou has secured backing from 14 investors, including angel and venture fund investors. Prominent investors backing the company include Artha India Ventures, VentureNursery and Arihant Patni.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in renewable energy and startups in India. | 2012 | artha.ventures | Mumbai, India | |
Multiple sector focused accelerator program | 2012 | venturenursery.com | Mumbai, India | |
AP Arihant Patni | Angel investor, entrepreneur, ex-Patni Computer Systems, active in Indian startup ecosystem | unknown_854d94075e1b4373b | ||
AP Amit Patni | Chairman of Patni Group, active angel investor in Indian startups | unknown_c3f4707e8ac5490d8 | ||
BK Bharat Kailash Banka | Founder of JITO Angel Network, active angel investor in Indian startups | unknown_ce41c450054a4606a | ||
AL Anand Ladsariya | unknown_9612f274181a4ead9 | |||
AA Arif Ali | Angel investor and entrepreneur, co-founder of Blue Tokai Coffee Roasters. | unknown_9a4a3ac4ee8b4f6e8 | ||
NG Neeraj Goenka | Angel investor and entrepreneur, focused on tech startups in India. | unknown_f8183dfa492e49bf8 | ||
SM Sanjay Mehta | Angel investor, founder of 100X.VC, focused on early-stage Indian startups | unknown_cd217ee0cf0547898 | ||
SS Samir Shah | Angel investor, ex-Jio Financial Services, focused on fintech and tech startups | unknown_d52e19ecdaba45d69 |
Investor details for HotelsAroundYou
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Instant Hotels Around You Private Limited (HotelsAroundYou)
Instant Hotels Around You Private Limited is the primary company behind HotelsAroundYou. The board of Instant Hotels Around You Private Limited currently have 3 directors; the longest-serving is Animesh Anil Chaudhary, appointed in 2013. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Animesh Anil Chaudhary DIN 06615801 | Director | 12 Aug 2013 | 13 yrs 2 mo | Instant Hotels Around You Private Limited |
| Mohsin Fazal Digankar DIN 06615816 | Director | 12 Aug 2013 | 13 yrs 2 mo | Instant Hotels Around You Private Limited |
| Harsha Nallur DIN 06615820 | Director | 12 Aug 2013 | 13 yrs 2 mo | Instant Hotels Around You Private Limited |
People of HotelsAroundYou
3 people are tracked at HotelsAroundYou (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Mohsin Dingankar | Co-Founder (Hotel Partnerships) | Leadership |
Complete people profiles for HotelsAroundYou
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of HotelsAroundYou
Figures of Instant Hotels Around You Private Limited, the primary company behind HotelsAroundYou, for FY 2016. Revenue was ₹27.9 Lakh (+265% year on year). Net loss was -₹63.6 Lakh (-228% margin). EBITDA was -₹61.5 Lakh (-220% margin).
- ₹27.9 LakhRevenue · FY 2016 · +265% YoY
- -₹63.6 LakhNet loss · -228% margin
- -₹61.5 LakhEBITDA · -220% margin
- ₹1.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Instant Hotels Around You Private Limited are on its company page.
Detailed financial statements for HotelsAroundYou
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Competitors of HotelsAroundYou
HotelsAroundYou has 3 listed competitors in our database, 2 of them funded. They include NightStay, RoomsTonite and Bid Tonit.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nightstay.in | 2014 | Noida, India | $848,918 | Last-minute hotel bookings are enabled via an app-based platform. | ||
| roomstonite.com | 2014 | Bengaluru, India | $1.5M | 3 | Last-minute hotel bookings are enabled via a mobile app. | |
| bidtonite.com | 2015 | Hyderabad, India | Functions as an auction-based app for last-minute hotel room bookings. |
Detailed competitors of HotelsAroundYou
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about HotelsAroundYou
HotelsAroundYou was founded in 2013.
HotelsAroundYou is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind HotelsAroundYou, Instant Hotels Around You Private Limited, reported revenue of ₹27.9 Lakh for FY 2016, up 265% year on year.
HotelsAroundYou operates a marketplace for same-day unsold hotel rooms through offering hospitality services, accommodation, hotel services, and last-minute booking. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
HotelsAroundYou's top competitors include NightStay, RoomsTonite and Bid Tonit.
HotelsAroundYou has 14 investors. Key investors include Artha India Ventures, VentureNursery, Arihant Patni, Amit Patni, and Bharat Kailash Banka.
HotelsAroundYou operates through Instant Hotels Around You Private Limited.
The legal entities of HotelsAroundYou currently have 3 directors, including Animesh Anil Chaudhary, Mohsin Fazal Digankar, Harsha Nallur.