Naptapgo, a pod hotel startup redefining affordable hospitality, has raised Rs 2 crore in a pre-Seed funding round led by Inflection Point Ventures, a Gurugram-based angel investment firm. Earlier this year, in March, the startup raised $500,000 from T9L Qube, one of India's more prominent venture studios. The startup plans to use the raised capital to drive growth across key areas like franchise development, marketing, technology enhancements, and developing innovative techniques to enhance customer experience. The strategic investment will accelerate Naptapgo's expansion across urban and religious hubs, the release notes. Currently active in NCR, Naptapgo plans to launch properties in Gurgaon, Bengaluru, Mumbai, Katra and Amritsar, with a goal of 20 properties by FY27. A key strength of Naptapgo lies in its affordable luxury model, combining strategic location focus, compact efficiency, and flexible stay options through strong technology plugins."
At Naptapgo, our goal is to be a significant player in the $1300 billion global hotel market, starting with India, and to redefine the perception of the Indian affordable hotel segment. Customer experience remains our key differentiator as we strive to create value for both our franchises and shareholders," said Nitin Malhotra & Himanshu Shukla, Co-Founders of NapTapGo. Notably, Naptapgo has raised strategic investment from the Government of India PSU Balmer Lawrie and an endorsement from billionaire Anand Mahindra. The Indian hotel industry is valued at over $30 billion and is projected to grow to $55 billion by 2030, with an annual growth rate of 10.8%.
Globally, the market is worth $1300 billion, the startup said in a statement. Vinay Bansal, Founder & CEO, IPV, said, "The hospitality industry is at its peak with globalisation and digital connectivity, yet customer satisfaction has not kept pace. Over time, hotel prices have surged while service standards have remained stagnant." "NapTapGo is changing this by offering an innovative pod-hotel experience at an economical price without compromising on quality. Its accessibility and affordability for luxury spaces connect with millions of travellers seeking short-stay accommodations. At IPV, we believe NapTapGo is poised to tap into a massive market of travellers looking for smart, cost-effective lodging solutions," Bansal added.
ABOUT NAPTAPGO
NaptapGo has been founded by Nitin Malhotra (Founder & CEO) and Himanshu Shukla (Co-Founder & VP Ops). Naptapgo is a pod hotel startup offering clean, hygienic, and affordable accommodations for modern travellers. The startup currently operates in the NCR business city vertical and will expand to religious cities like Katra and Amritsar in FY26, aiming to reach 20 properties by FY27.The startup claims that its innovative approach, including flexible check-ins, hourly stays, and sustainability-driven operations, sets it apart in the competitive hospitality market.