Imperativ Hospitality Private Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Imperativ Hospitality Private Limited - overview
Established
2006
Location
Delhi, -, India
Primary Industry
Travel & Leisure
About
Imperativ Hospitality Private Limited, through its Bloom Hotels brand, offers budget-friendly yet quality lodging options that cater to both leisure and business travelers, ensuring modern amenities and comfort at competitive prices. Imperativ Hospitality Private Limited operates in the hospitality sector, focusing on affordable accommodations. Founded in 2006 in Delhi, India, the company has raised a total of INR 1,027. 60 mn across various funding rounds, with the latest being a SERIES B round in August 2019 led by Samena Capital.
The firm's current valuation stands at INR 5,342. 73 mn, reflecting steady growth since its inception. The founder, whose previous entrepreneurial experience is not detailed, has led the company through strategic developments, focusing primarily on the budget hotel market. Bloom Hotels specializes in providing affordable accommodation options designed for modern travelers.
The company's offerings include well-furnished rooms, high-speed internet, and on-site dining, catering to leisure and business travelers alike. Their services are strategically located across major cities and tourist destinations in India, ensuring accessibility to a diverse clientele, including solo travelers, families, and business clients who seek quality stays at reasonable prices. In the fiscal year 2023, Bloom Hotels reported a revenue of INR 17,961,431 with an EBITDA of INR 981,141. The hotel chain generates income through direct bookings and partnerships with online travel agencies, utilizing a B2C transaction structure that facilitates guest access via their website and mobile application.
The pricing strategy is adaptable, catering to different budgets through standard rates and promotional offers during peak travel seasons, maintaining competitiveness in the budget lodging market. Imperativ Hospitality Private Limited is poised for future growth with plans to launch new product offerings and expand into additional markets. The most recent funding round in August 2019, which raised INR 1. 03 billion, will support these initiatives.
The company aims to enhance its presence and accessibility in key geographical regions across India, further solidifying its position in the hospitality sector.
Current Investors
Samena Capital, CX Partners
Primary Industry
Travel & Leisure
Sub Industries
Hotels & Accommodations, Search Engines
Website
www.staybloom.com
Company Stage
Series B
Total Amount Raised
Subscriber access only
Imperativ Hospitality Private Limited - timeline of key events
Imperativ Hospitality Private Limited - financials
| Fiscal Year Ended | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | 63,678,300 | 77,152,924 | 123,600,562 | 193,309,579 | 241,953,511 | 372,417,896 | 495,623,356 | 134,087,786 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | 21.2% | 60.2% | 56.4% | 25.2% | 53.9% | 33.1% | (72.9%) | - | - | - |
| EBITDA (USD) | (1,840,379) | (1,959,024) | (66,715,470) | (37,548,390) | (75,452,862) | (52,251,664) | (53,610,360) | 8,693,231 | (143,635,987) | (241,107,824) | - | - | - |
| Operating Income (USD) | (2,125,044) | (2,243,689) | (91,367,116) | (60,925,599) | (106,010,540) | (84,140,510) | (85,181,392) | (27,417,015) | (183,489,929) | (281,984,552) | - | - | - |
| Operating Margin | - | - | (143.5%) | (79.0%) | (85.8%) | (43.5%) | (35.2%) | (7.4%) | (37.0%) | (210.3%) | - | - | - |
| % EBITDA Margin | - | - | (104.8%) | (48.7%) | (61.0%) | (27.0%) | (22.2%) | 2.3% | (29.0%) | (179.8%) | - | - | - |
| NET Income (USD) | (2,524,554) | (1,670,257) | (81,011,695) | (54,200,741) | (106,153,787) | (85,811,352) | (86,768,097) | 6,800,522 | (110,004,190) | (203,140,741) | - | - | - |
| % Net Margin | - | - | (127.2%) | (70.3%) | (85.9%) | (44.4%) | (35.9%) | 1.8% | (22.2%) | (151.5%) | - | - | - |
Imperativ Hospitality Private Limited - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.