Inc42 Daily Brief
Stay Ahead With Daily News & Analysis on India’s Tech & Startup Economy
Mumbai-based online coupon and cashback site Coupondunia has launched a last-minute hotel booking mobile application, Sorted.
The platform currently curates options to book a hotel up to 72 hours in advance and works on a commission based revenue model.
Sorted claims to offer last minute bookings in over 200 cities like Mumbai, New Delhi, Gurgaon, Bangalore, Goa, Chennai, Hyderabad, Ahmedabad, Kolkata, Jaipur, Mysore, Agra, Mysore, Chandigarh, etc.
Coupondunia’s new offering will compete with a number of startups that have come up recently in the same domain, including Vista Rooms, Qik Stay, Wudstay.com, Zenrooms, and Treebo.
Founded in 2010 by Sameer Parwani, CouponDunia, launched location-based couponing for offline stores, in June 2015 and in April 2016, announced the launch of cashback. The company was acquired by Times Internet in 2014.
Earlier this week, Hotel booking platform Stayzilla raised over $13 Mn in a Series C round of funding led by its existing investors Matrix partners and Nexus Ventures.
Apart from the above mentioned competitors, online travel aggregators like MakeMyTrip, Goibibo and Yatra, also launched their budget hotel business last year. Recently reports surfaced that Alibaba-backed Paytm, is also planning to foray into the accommodation space.
{{#name}}{{name}}{{/name}}{{^name}}-{{/name}}
{{#description}}{{description}}...{{/description}}{{^description}}-{{/description}}
Note: We at Inc42 take our ethics very seriously. More information about it can be found here.