Search results for “Treebo”
OYO-MakeMyTrip extend commercial agreement for a further five-year period
The deal will continue to see the latter exclude OYO’s rivals, SAIF Partners-backed Treebo Hotels and Accel India-backed FabHotels, from its two primary platforms, including GoIbibo.
Travel startup RedDoorz gets $11m in new funding
The new cash will let the company expand operations into new markets, including Thailand, where there are plenty of young travelers looking for budget hotel rooms.
Indian OTA Treebo raises $34 million from Hong Kong investors
Indian budget hotel booking platform Treebo has raised USD 34 million, backed by Hong Kong investment firms. It has nearly 300 franchisees operating under its brand across over 50 cities.
MakeMyTrip may invest In FabHotels after talks with Treebo fail
In its latest bid to make a dent in the online budget hotels market, MakeMyTrip may be finalising an investment in FabHotels.
German media giant Bertelsmann invests in Indian budget Treebo Hotels
India’s Treebo Hotels has raised USD 16.7 million in Series B round, with the Indian-based investment arm of Germany’s Bertelsmann taking part.
Treebo raises $6m as India’s hostels get professional
Interest from investors in the Indian accommodation sector shows no sign of slowing down, with Treebo picking up its first funding round – $6 million from SAIF and Matrix Partners India.
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