About Keys Hotels
Keys Hotels is a company based in Mumbai (India) founded in 2006 was acquired by Lemon Tree Hotels in March 2019.. Keys Hotels has raised $30.94 million across 1 funding round from investors including Lemon Tree Hotels and Berggruen Holdings. The company has 58 employees as of March 31, 2024.
- Headquarter Mumbai, India
- Employees 58 as on 31 Mar, 2024
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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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Annual Revenue
$130.08 M (USD)23as on Mar 31, 2024
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Net Profit
$21.95 M (USD)29as on Mar 31, 2024
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EBITDA
$64.72 M (USD)17as on Mar 31, 2024
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Total Equity Funding
$30.94 M (USD)
in 1 rounds
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Latest Funding Round
$30.94 M (USD), Series E
May 28, 2017
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Investors
Lemon Tree Hotels
& 1 more
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Employee Count
58
as on Mar 31, 2024
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Acquired by
Lemon Tree Hotels
(Mar 15, 2019)
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Funding Insights of Keys Hotels
Keys Hotels has successfully raised a total of $30.94M through 1 strategic funding round. The most recent funding activity was a Series E round of $30.94 million completed in May 2017. 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 1
- Last Round Series E — $30.9M
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First Round
First Round
(28 May 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Series E - Keys Hotels | Valuation |
investors |
| 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 Keys Hotels
Keys Hotels has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Lemon Tree Hotels and Berggruen Holdings. 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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Investments in private equity, real estate, and alternative energy across continents.
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Founded Year | Domain | Location | |
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A chain of hotels and resorts is operated.
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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 Keys Hotels
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Keys 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 |
Keys Hotels Comparisons
Competitors of Keys 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 Keys Hotels
Frequently Asked Questions about Keys Hotels
When was Keys Hotels founded?
Keys Hotels was founded in 2006 and raised its 1st funding round 11 years after it was founded.
Where is Keys Hotels located?
Keys Hotels is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Keys Hotels?
Anshu Sarin is the current CEO of Keys Hotels.
Is Keys Hotels a funded company?
Keys Hotels is a funded company, having raised a total of $30.94M across 1 funding round to date. The company's 1st funding round was a Series E of $30.94M, raised on May 28, 2017.
How many employees does Keys Hotels have?
As of Mar 31, 2024, the latest employee count at Keys Hotels is 58.
What is the annual revenue of Keys Hotels?
Annual revenue of Keys Hotels is $130.08M as on Mar 31, 2024.
What does Keys Hotels do?
Keys Hotels, funded by New York-headquartered Berggruen Holdings, has total of 35 hotels in India including those under development and has been growing through management contracts and franchise. The company also owns c.8 hotels and plans to manage 100 properties in India by 2018. Nicolas Berggruen launched Berggruen Holdings in 1985 to manage the family fortune and has invested over 100m in Keys Hotels. Besides hospitality, Berggruen has significant investments in car rental, education, SEZ and BPO sectors in the country.
Who are Keys Hotels's investors?
Keys Hotels has 2 investors. Key investors include Lemon Tree Hotels, and Berggruen Holdings.
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