Balmer Lawrie Invests in NapTapGo to Revolutionize Pod Hotels

Balmer Lawrie & Co Ltd announced an equity funding in NapTapGo, focusing on affordable luxury pod hotels. The investment is part of its commitment to fostering innovation through the Startup India programme. NapTapGo aims to integrate AI and IoT to enhance customer experience in compact accommodations.


Devdiscourse News Desk | Kolkata | Updated: 02-01-2025 20:09 IST | Created: 02-01-2025 20:09 IST
Balmer Lawrie Invests in NapTapGo to Revolutionize Pod Hotels
  • Country:
  • India

In a move to bolster the startup ecosystem, Balmer Lawrie & Co Ltd, a central public sector undertaking, has announced an equity investment in NapTapGo. The startup is making waves in the hospitality sector with its innovative approach to affordable luxury through pod hotels.

The Rs 1 crore funding aligns with the company's annual startup fund programme and underscores its dedication to innovation and entrepreneurial support, albeit specific terms remain undisclosed. NapTapGo plans to revolutionize the hospitality industry with AI and IoT integrations aimed at elevating hygiene and customer experience.

Aligned with India's Startup India initiative, Balmer Lawrie has collaborated with IIM Lucknow EIC to offer crucial mentorship and incubation support to emerging businesses. This investment reflects a broader governmental effort to promote tourism sector innovation, as echoed by NapTapGo's founder, Nitin Malhotra.

(With inputs from agencies.)

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