Naptapgo Secures Funding for Affordable Hospitality Expansion
Pod hotel startup Naptapgo has successfully raised Rs 2 crore ($233K) in its pre-seed funding round, predominantly led by Inflection Point Ventures (IPV).
The funds will support the expansion of franchise development, targeted marketing strategies, and technology integration, allowing Naptapgo to scale its operations across urban and religious areas.
About Naptapgo
Founded by Nitin Malhotra and Himanshu Shukla, Naptapgo aims to provide budget-friendly, compact lodging options, catering to price-conscious travellers. The startup’s unique model features flexible check-in times, hourly stays, and the use of AI for operational efficiency. Naptapgo reports achieving 65% direct bookings via its website and WhatsApp channel.
Future Expansion Plans
Currently operational in the NCR region, Naptapgo intends to broaden its reach to Gurugram, Bengaluru, Mumbai, Katra, and Amritsar, with the ambitious target of establishing 20 properties by FY27.
Founders’ Backgrounds
Nitin Malhotra, with a background in Texas Instruments and ST Microelectronics, and Himanshu Shukla, formerly associated with Chaayos and Jaypee Resorts, contribute significant expertise in technology and hospitality to Naptapgo.
Strategic Support
Naptapgo has recently gained strategic support from Balmer Lawrie and an endorsement from Anand Mahindra, highlighting its innovative approach to delivering affordable hospitality solutions.
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