FabHotels
TMT
Treebo Hotels' FY17 revenue soars 10-fold, loss widens
Hotel aggregator Treebo has reported a 10-fold jump in revenue for the financial year ended March 2017, but its net ......
TMT
Oyo raises $250 mn in Series D round from SoftBank, Hero promoters & others
Branded budget hotels marketplace OYO has raised $250 million (Rs 1,600 crore) in a Series D round of funding led ......
TMT
Only 3-4 OTAs will survive in India and two will make money: MakeMyTrip's Kalra
MakeMyTrip Ltd, India’s largest online travel agency (OTA), is focussing on its hotel business to drive revenue and growth. The ......
TMT
Budget hotel chain Treebo raises $34 mn in Series C round
Budget hotel chain Treebo Hotels has raised $34 million (Rs 220 crore) in its Series C funding round led by ......
TMT
Goldman Sachs leads $25 mn round in budget hotel aggregator FabHotels
Gurgaon-based Casa2 Stays Pvt. Ltd, which operates budget hotel aggregator FabHotels, has raised $25 million (Rs 161 crore) in a ......
TMT
What MakeMyTrip's potential foray into budget hotels means for the segment
Online travel and accommodation player MakeMyTrip India Pvt. Ltd has been in a purple patch for quite some time.In October ......
Infrastructure
Super budget hotel operator Chototel close to raising first external funding
Chototel AMC Ltd, which claims itself to be the operator of the country’s first super budget hotel project, is raising ......
TMT
Budget hotel aggregator FabHotels gets $8 mn from Accel Partners, others
Gurgaon-based Casa2 Stays Pvt. Ltd, which operates budget hotel aggregator FabHotels, has raised $8 million (Rs 54.3 crore) in a ......