Lemon Tree Hotels

Delhi, India Founded: 2002 • Age: 24 yrs
A chain of hotels and resorts is operated.
Annual revenue $147.8M Latest available
Total funding $128.7M 3 rounds
Employees 8560 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 6 Brand Intelligence

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
  • Sectors
    Travel & Hospitality
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lemon Tree Hotels Ltd.
Operational Areas
Travel & Hospitality → Hospitality, Lodging & Accommodation
Key Metrics
  • Annual Revenue
    $147.83 M (USD)
    24.69
    as on Mar 31, 2025
  • Net Profit
    $23.06 M (USD)
    32.39
    as on Mar 31, 2025
  • EBITDA
    $72.1 M (USD)
    32.22
    as on Mar 31, 2025
  • Total Equity Funding
    $128.72 M (USD)

    in 3 rounds

  • Latest Funding Round
    $50 M (USD), Series B

    Apr 16, 2014

  • Investors
  • 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.

Exchange: NSE · Ticker: LEMONTREE · Sector: Consumer services · India

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 Rounds 3
  • Last Round Series B — $50.0M
  • 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

APG
Jun, 2012 Amount Series A - Lemon Tree Hotels Valuation

investors

APG
Aug, 2006 Amount Series A - Lemon Tree Hotels 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multi-stage private equity investments are pursued across diverse sectors.
Founded Year Domain Location
Pension assets are managed for Dutch families and retirees.
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.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Manages the mid-budget "Keys" hotel line in India
2006

Financial Statements - Lemon Tree Hotels

Lemon Tree Hotels Comparisons

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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.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
A network of hotels and resorts is operated internationally.
domain founded_year HQ Location
Listings of hotels and restaurants are facilitated via the platform.
domain founded_year HQ Location
Online hotel booking platform
domain founded_year HQ Location
Luxury hotels and resorts are owned and operated internationally.
domain founded_year HQ Location
Hospitality management services provider

Frequently Asked Questions about Lemon Tree Hotels

Lemon Tree Hotels was founded in 2002 and raised its 1st funding round 4 years after it was founded.

Lemon Tree Hotels is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Vilas Pawar is the current CEO of Lemon Tree Hotels.

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.

As of Mar 31, 2024, the latest employee count at Lemon Tree Hotels is 8,560.

Annual revenue of Lemon Tree Hotels is $147.83M as on Mar 31, 2025.

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.

Lemon Tree Hotels's top competitors include FabHotels, Radisson Hotels and Indian Hotels.

Yes, Lemon Tree Hotels is publicly traded on NSE under the ticker symbol LEMONTREE.

Lemon Tree Hotels has made 1 acquisition, including Keys Hotels.

Lemon Tree Hotels has 2 investors. Key investors include Warburg Pincus, and APG.

The ticker symbol of Lemon Tree Hotels is LEMONTREE on NSE.

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