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Accel Partners and Qualcomm Ventures have also participated in the round
The budget hotels brand has raised a total of $42.8 Mn so far
The company had 10K hotel rooms across its 450 franchise hotels
Indian budget hotel chain FabHotels has raised INR…
At the same time, the losses for the company increased by 56% to $15.67 Mn
The company’s total expenses were $22.11 Mn (INR 162.37 Cr)
With a net worth of $21.67 Mn, Treebo is expanding its product portfolio
Bengaluru-based budget hotel chain Ruptub Solutions Private Limited,…
Treebo has let go of 10% of its 800-strong workforce
Employees have been offered two months' salary as a severance package
The layoffs are in line with Treebo’s efforts to double down on its technology products and processes while cutting costs
After Treebo’s Twitter followers were buzzed on Saturday…
• Has already disbursed funds worth $43.7 Mn (INR 300 Cr) • Will invest remaining capital in next 2 months • Closed 22 transactions in H1 2018
InnoVen Capital India, a venture debt and speciality-lending firm has closed the…
With This Deal, Events High Investor Axilor Ventures Will Acquire An Undisclosed Stake In Treebo
After raising a $34 Mn Series C funding in August last year, Bengaluru-based tech-enabled…
OYO Was Recently Listed On MakeMyTrip After Two Years
Online travel company MakeMyTrip is in works to delist its budget-focused hotel…
Important Movers And Shakers Of The Indian Startup Ecosystem [13 -18 Nov]
Brent Irvin, vice president and general counsel at Chinese Internet giant Tencent…
VC Firm Matrix Partners Plans To Increase Investments In Delhi Based Startups With Its New Office
VC firm Matrix Partners inaugurated its Delhi office last month in order…
About 50% of Startups In Matrix Partners’ Portfolio Are Based In Bengaluru
VC firm Matrix Partners India will increase its investments in Delhi-based startups…
Important Movers And Shakers Of The Indian Startup Ecosystem
We bring you the latest edition of movers and shakers of the…
GST Rollout 101: Impact Of Becoming 'One Nation, One Tax' On Indian Startups
On July 1, 2017, the Goods and Services Tax (GST) will be…
“Despite having a very clear lead, despite a lot of firsts, despite…
