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High Thrills, Cool Waters, Hot Financials – India’s Splash Economy

February 25, 2026February 25, 2026
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India’s waterparks and amusement parks are no longer just seasonal entertainment hubs—they are fast evolving into structured, high-revenue leisure businesses. Rising disposable income, weekend tourism, experiential spending, and the growing youth population are driving strong footfalls across cities and tier-2 markets. From family destinations to adrenaline-packed rides and premium hospitality, India’s splash economy is seeing steady expansion, improved profitability, and regional brand dominance.

Below are the leading unlisted players shaping India’s splash and amusement park landscape in FY 2025.


Company name: Entertainment City

City: Noida
Founding Date: 2007
FY 2024 Revenue: ₹19,860 Lakhs


About the company:
Entertainment City is one of India’s largest integrated entertainment destinations, known for its large-scale amusement and water park infrastructure. The company operates premium attractions, retail, and hospitality offerings, positioning itself as a major leisure hub in North India. With a strong brand presence and diversified entertainment experiences, it continues to attract families, tourists, and corporate events, driving consistent revenue growth.


Company name: GRS Fantasy Park

City: Mysore
Founding Date: 1999
FY 2025 Revenue: ₹9,960 Lakhs

 About the company:
GRS Fantasy Park is a prominent waterpark in South India, offering a wide range of water rides, wave pools, and family-friendly attractions. Located near Mysore, the park benefits from tourism inflow and weekend visitors from Karnataka and neighboring states. The company focuses on safety, customer experience, and continuous ride upgrades to maintain its competitive edge.


Company name: Blueworld Park

City: Kanpur
Founding Date: 2016
FY 2025 Revenue: ₹4,880 Lakhs
 

About the company:
Blueworld Park is a fast-growing amusement destination in North India. The park combines water rides, adventure activities, and themed entertainment to attract visitors from Uttar Pradesh and nearby regions. Its focus on themed experiences and seasonal events has helped build strong local brand recognition.


Company name: Black Thunder

City: Mumbai
Founding Date: 1993
FY 2025 Revenue: ₹4,610 Lakhs
 

About the company:
Black Thunder is a well-established waterpark brand known for its scenic locations and thrill-based water rides. With decades of operational experience, the company has built a loyal customer base and continues to innovate through ride additions and improved hospitality offerings.


Company name: Fun World

City: Bangalore
Founding Date: 1990
FY 2025 Revenue: ₹4,510 Lakhs
 

About the company:
Fun World is one of the oldest amusement parks in Bengaluru, offering both water and land-based attractions. The park attracts urban visitors, school groups, and corporate events. Its strategic city location and consistent upgrades have helped sustain footfalls over the years.


Company name: Synergy Waterpark

City: Vasai
Founding Date: 2008
FY 2025 Revenue: ₹3,850 Lakhs
 

About the company:
Synergy Waterpark caters primarily to Mumbai’s suburban audience, offering accessible and affordable water-based entertainment. The company focuses on group bookings, family outings, and weekend traffic, making it a popular destination for budget-friendly recreation.


Company name: Water Kingdom & Essel Group

City: Mumbai
Founding Date: 1998
FY 2025 Revenue: ₹3,626 Lakhs

 About the company:
Water Kingdom, part of the Essel Group, is among the most recognized waterpark brands in India. Known for its large-scale infrastructure and family-friendly attractions, the park continues to benefit from Mumbai’s large urban population and tourism-driven demand.


Company name: Vels Jollywood

City: Bangalore
Founding Date: 2019
FY 2025 Revenue: ₹3,520 Lakhs
 

About the company:
Vels Jollywood is a relatively new entrant in the amusement park segment, focusing on modern infrastructure and diverse attractions. The park aims to capture the growing demand for experiential leisure among young consumers and families in metro cities.


Company name: Wonderland

City: Jalandhar
Founding Date: 2002
FY 2025 Revenue: ₹2,880 Lakhs
 

About the company:
Wonderland is a popular destination in North India, offering a mix of water and amusement rides. The park benefits from regional tourism and family visits, and it continues to expand through ride upgrades and promotional events.


Company name: Ocean Park

City: Hyderabad
Founding Date: 1998
FY 2025 Revenue: ₹2,130 Lakhs
 

About the company:
Ocean Park is one of Hyderabad’s long-standing amusement destinations. Known for its affordable pricing and family-friendly attractions, the park attracts visitors from Telangana and neighboring regions, maintaining steady performance in the leisure sector.


Conclusion

India’s splash economy is witnessing steady growth as consumers increasingly prioritize experiences over traditional spending. Regional operators are expanding their footprint, upgrading infrastructure, and focusing on safety and premium experiences. As tourism, urbanization, and disposable incomes rise, the sector is expected to see continued growth, consolidation, and innovation in the coming years.

In this evolving landscape, PrivateCircle empowers investors with exclusive access to curated private market opportunities, enabling smarter, data-driven investment decisions.

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