UHM Vacation Limited
UHM Vacation Limited is a B2B travel and tourism aggregator that connects travel service providers with agents and corporate buyers through a single technology platform, offering services ranging from flights and hotels to visa assistance and holiday packages.
Overview
About the Company
Founded in 2009 and headquartered in Mumbai, UHM Vacation Limited operates as a B2B travel and tourism aggregator. The company runs a proprietary technology platform that bridges travel service providers — including airlines, hotels, cruise lines, car rental firms, and visa facilitators — with travel agents, tour operators, and corporate travel managers. Through a unified interface, agents can search, compare, and book a comprehensive suite of travel services, while suppliers manage their inventory and pricing in real time. The company also has a presence in GCC countries through its network of registered agents and follows an asset-light aggregation model. As of March 31, 2026, the company employed 20 people.
Company Details
📋 Objects of Issue (Use of Proceeds)
- › Funding capital expenditure requirements of the company (₹10.47 crores).
- › Supporting marketing and promotional initiatives to expand brand visibility and customer acquisition (₹4.90 crores).
- › Meeting working capital requirements to sustain day-to-day business operations (₹6.42 crores).
- › Addressing general corporate purposes as deemed appropriate by the management.
✅ Strengths
- ✓ The company operates a technology-powered B2B platform that consolidates multiple travel services — including flights, hotels, cruises, car rentals, and visa assistance — into a single booking interface.
- ✓ Its diverse range of domestic and international travel offerings allows agents to fulfil varied client requirements from one platform.
- ✓ The asset-light aggregation model enables the company to scale its operations without heavy capital investment.
- ✓ The management team brings over nine years of industry expertise, providing strategic guidance and operational credibility.
- ✓ A steadily growing network of travel suppliers and registered agents in both India and GCC countries strengthens its market reach.
⚠️ Risks
- ! The company's revenue is heavily reliant on accommodation and other ancillary travel services, making it vulnerable if demand in those segments weakens.
- ! Its overall performance is closely tied to the health of the travel and tourism industry, and any macro-level downturn could adversely affect revenues.
- ! Business operations depend on maintaining strong relationships with airlines, hotel chains, and other service providers; disruption of these ties could impair service delivery.
- ! Concentration of revenue among a limited number of key customers means that the loss of any major client could significantly hurt financial outcomes.
- ! The company's aggregation-driven business model is exposed to structural and operational risks that could negatively affect profitability if the model's effectiveness is compromised.