Keys Hotels

Mumbai, India Founded: 2006 • Age: 20 yrs Acquired By Lemon Tree Hotels
Manages the mid-budget Keys hotel line in India
Annual revenue $130.1M Latest available
Total funding $30.9M 1 rounds
Employees 58 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors - Brand Intelligence

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
  • Sectors
    Travel & Hospitality
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Travel & Hospitality → Hospitality, Lodging & Accommodation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $130.08 M (USD)
    23
    as on Mar 31, 2024
  • Net Profit
    $21.95 M (USD)
    29
    as on Mar 31, 2024
  • EBITDA
    $64.72 M (USD)
    17
    as on Mar 31, 2024
  • Total Equity Funding
    $30.94 M (USD)

    in 1 rounds

  • Latest Funding Round
    $30.94 M (USD), Series E

    May 28, 2017

  • Investors
  • Employee Count
    58

    as on Mar 31, 2024

  • 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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in private equity, real estate, and alternative energy across continents.
Locked Locked Locked
A chain of hotels and resorts is operated.
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Investor details for Keys Hotels

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Investments & Acquisitions by Keys Hotels

Investments
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Investment portfolio details for Keys Hotels

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Financial Statements - Keys Hotels

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Detailed financials for Keys Hotels

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Keys Hotels Comparisons

Keys Hotels Primary company
Description
Manages the mid-budget "Keys" hotel line in India
Location
Mumbai, India
Founded Year
2006
Annual Revenue
$130.08 M (USD)
Net Profit
$21.95 M (USD)
EBITDA
$64.72 M (USD)
Employees
58
As of 2024
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Peer comparison for Keys Hotels

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Competitors of Keys Hotels

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Detailed competitors of Keys Hotels

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Latest news on Keys Hotels

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Complete news archive for Keys Hotels

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Frequently Asked Questions about Keys Hotels

Keys Hotels was founded in 2006 and raised its 1st funding round 11 years after it was founded.

Keys Hotels is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Anshu Sarin is the current CEO of Keys Hotels.

Keys Hotels is a funded company, having raised a total of $30.94M across 1 funding round to date.

As of Mar 31, 2024, the latest employee count at Keys Hotels is 58.

Annual revenue of Keys Hotels is $130.08M as on Mar 31, 2024.

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.

Keys Hotels has 2 investors. Key investors include Lemon Tree Hotels, and Berggruen Holdings.

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