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Only 3-4 OTAs will survive in India and two will make money: MakeMyTrip's Kalra

TMT

01 September, 2017

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 ......

Budget hotel chain Treebo raises $34 mn in Series C round

TMT

30 August, 2017

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 ......

Goldman Sachs leads $25 mn round in budget hotel aggregator FabHotels

TMT

26 July, 2017

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 ......

What MakeMyTrip's potential foray into budget hotels means for the segment

TMT

20 April, 2017

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 ......

Premium
Super budget hotel operator Chototel close to raising first external funding

Infrastructure

09 August, 2016

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 ......

Budget hotel aggregator FabHotels gets $8 mn from Accel Partners, others

TMT

28 June, 2016

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 ......