| Hospitality - Mid-Market Hotels | Hotel room accommodations, vegetarian dining, banquet and event services | Exclusive vegetarian brand positioning, diversified geographical presence, strategic lease and management contracts, long-standing reputation | Primarily B2C leisure and business travelers in India | F&B services and banquet operations | 97 | 100 | Room bookings, food and beverage sales, event hosting fees | Room rates with seasonal pricing, direct sales and online bookings | Tourism growth, property acquisitions, facility upgrades, strategic lease agreements | The Byke Hotels, Spice Lounge Restaurant |
