About Lemon Tree Hotels
Lemon Tree Hotels is a company based in Delhi (India) founded in 2002 by Patanjali Govind Keswani.. Lemon Tree Hotels has raised $128.72 million across 3 funding rounds from investors including Warburg Pincus and APG. The company has 8,560 employees as of March 31, 2024. Lemon Tree Hotels has completed 1 acquisition, including Keys Hotels. Lemon Tree Hotels operates in a competitive market with competitors including Radisson Hotels, Club Mahindra, FabHotels, Indian Hotels and Millennium & Copthorne Hotels, among others.
- Headquarter Delhi, India
- Employees 8560 as on 31 Mar, 2024
- Founders Patanjali Govind Keswani
- Stage Public
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lemon Tree Hotels Ltd.
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Annual Revenue
$147.55 M (USD)24.69as on Mar 31, 2024
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Net Profit
$23.01 M (USD)32.39as on Mar 31, 2024
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EBITDA
$71.96 M (USD)32.22as on Mar 31, 2024
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Total Equity Funding
$128.72 M (USD)
in 3 rounds
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Latest Funding Round
$50 M (USD), Series B
Apr 16, 2014
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Investors
Warburg Pincus
& 1 more
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Employee Count
8560
as on Mar 31, 2024
- Investments & Acquisitions
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IPO & Listings of Lemon Tree Hotels
Lemon Tree Hotels is a publicly listed company on the NSE with ticker symbol LEMONTREE in India, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Lemon Tree Hotels
Lemon Tree Hotels has successfully raised a total of $128.72M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in April 2014. 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 3
- Last Round Series B — $50.0M
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First Round
First Round
(02 Aug 2006)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2014 | Amount | Series B - Lemon Tree Hotels | Valuation |
investors |
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| Jun, 2012 | Amount | Series A - Lemon Tree Hotels | Valuation |
investors |
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| Aug, 2006 | Amount | Series A - Lemon Tree 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 Lemon Tree Hotels
Lemon Tree Hotels has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Warburg Pincus and APG. 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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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Pension assets are managed for Dutch families and retirees.
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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 Lemon Tree Hotels
Lemon Tree Hotels has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Keys Hotels. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manages the mid-budget "Keys" hotel line in India
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lemon Tree 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 |
Lemon Tree Hotels Comparisons
Competitors of Lemon Tree Hotels
Lemon Tree Hotels operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Radisson Hotels, Club Mahindra, FabHotels, Indian Hotels and Millennium & Copthorne Hotels, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A network of hotels and resorts is operated internationally.
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| domain | founded_year | HQ Location |
Listings of hotels and restaurants are facilitated via the platform.
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| domain | founded_year | HQ Location |
Online hotel booking platform
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| domain | founded_year | HQ Location |
Luxury hotels and resorts are owned and operated internationally.
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| domain | founded_year | HQ Location |
Hospitality management services provider
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| 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 Lemon Tree Hotels
Frequently Asked Questions about Lemon Tree Hotels
When was Lemon Tree Hotels founded?
Lemon Tree Hotels was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Where is Lemon Tree Hotels located?
Lemon Tree Hotels is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Lemon Tree Hotels?
Vilas Pawar is the current CEO of Lemon Tree Hotels.
Is Lemon Tree Hotels a funded company?
Lemon Tree Hotels is a funded company, having raised a total of $128.72M across 3 funding rounds to date. The company's 1st funding round was a Series A of $45M, raised on Aug 02, 2006.
How many employees does Lemon Tree Hotels have?
As of Mar 31, 2024, the latest employee count at Lemon Tree Hotels is 8,560.
What is the annual revenue of Lemon Tree Hotels?
Annual revenue of Lemon Tree Hotels is $147.55M as on Mar 31, 2024.
What does Lemon Tree Hotels do?
Lemon Tree Hotels was founded in 2002 and is headquartered in Delhi, India. Operations are focused on the hospitality sector, where a network of hotels and resorts is managed across various locations. Accommodations and guest services are provided, emphasizing value and efficiency. Bookings, loyalty programs, and secure reservations are facilitated through the companys website, with measures in place to address booking fraud.
Who are the top competitors of Lemon Tree Hotels?
Lemon Tree Hotels's top competitors include FabHotels, Radisson Hotels and Indian Hotels.
Is Lemon Tree Hotels publicly traded?
Yes, Lemon Tree Hotels is publicly traded on NSE under the ticker symbol LEMONTREE.
How many acquisitions has Lemon Tree Hotels made?
Lemon Tree Hotels has made 1 acquisition, including Keys Hotels.
Who are Lemon Tree Hotels's investors?
Lemon Tree Hotels has 2 investors. Key investors include Warburg Pincus, and APG.
What is Lemon Tree Hotels's ticker symbol?
The ticker symbol of Lemon Tree Hotels is LEMONTREE on NSE.
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