NapTapGo, a pod hotel startup, has raised $500,000 in a pre-seed funding round with the backing of T9L Qube, a venture studio.
Previously, in December 2024, NapTapGo raised ₹1 crore from Balmer Lawrie.
Founded in 20223 by Nitin Malhotra and Himanshu Shukla, NapTapGo offers affordable yet luxurious pod hotels, offering quick, high-quality stays across India.
NapTapGo is targeting the $20 billion budget hotel market in India. These compact, capsule-like pod hotels are designed for short-stay travellers with all basic amenities.
NapTapGo projects the inclusion of over 80 new pods in the next 5 years with a projected revenue of ₹100 crore. They are implementing growth and expansion plans by adopting a company-operated franchise model across major cities in India. The company is looking for franchisees with commercial spaces ranging from 3,000 to 5,000 square feet, ideally located in city centers with high foot traffic.
Nitin Malhotra and Himanshu Shukla, co-founders of NapTapGo, said, “Our vision is to be the most preferred option in the affordable hotel segment by offering flexible stays and a superior customer experience. Our accommodations are ideal for solo travelers, working professionals, and frequent flyers aged 25 to 60 who seek convenient, affordable, and high-quality stays near IT hubs and religious locations. Our partnership with India’s leading venture studio, T9L Qube, will provide incubation support and mentorship, driving innovation in the hospitality sector.”
Fahad Moti Khan and Gaurav Gaggar, co-founders of T9L Qube, said, “These accommodations are ideal for guests looking to rest for a few hours, offering an affordable and luxurious option, even for solo travelers. The growing demand for accommodations near religious sites is significant, and we believe that these pods will be a game changer in meeting the needs of religious travelers by providing clean, hygienic, and comfortable stays at an affordable price.”
