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FABHOTELS VAIBHAV AGGARWAL
Anupam Mittal-backed Travelstack Tech gets Sebi nod along with two other IPOs; 3 companies withdraw offer plansSebi has cleared three companies, including Travelstack Tech backed by Anupam Mittal, to launch their IPOs. Tea Post and Learnfluence Educa...- Goldman Sachs and Shark Anupam Mittal-backed Travelstack Tech files DRHP for IPOTravelstack Tech, backed by Goldman Sachs and Anupam Mittal, has filed DRHP for an IPO combining a Rs 250 crore fresh issue and offer for s...
- ET Startup Awards 2025: Nominees for Comeback KidThis award celebrates failure and recognises those who have survived to tell the tale. It will be given to entrepreneurs who rebuilt or lau...
- FabHotels lays off over 100 employees, to cut up to 20% salaryIn a mail to the company's employees, VaibhavAggarwal said travel and hospitality industry continues to be standstill driven by lockdowns i...
- Now, FabHotels draws hotelier complaintsA person familiar with matters at FabHotels alleged that while the budget hotel chain added several hotels over the past one year it also h...
- Why is it hard for hotels to trust Oyo?Many hotels have severed ties with Oyo citing alleged discrepancies in contracts and payments.
- Prima facie case for investigation against Oyo, Go-MMT: CCIFHRAI had alleged that the cos have abused their positions, charging excessive commissions from partners.
- FabHotels plans to double inventory by 2019Aggarwal said the company will also add some business and leisure cities.
- Budget hotel chain FabHotels eyeing 30% revenue growth through loyalty programThe company wants to capitalise on the growing volume of millennials that make up a significant portion of the workforce today and travel r...
- FabHotels secures $25 million Series B funding led by Goldman Sachs Investment PartnersThe funds will further accelerate the nationwide expansion of FabHotels, the company stated.
- After talks with Treebo fail, MakeMyTrip may invest in FabHotelsIf the deal goes through, it will be the Gurgaon-based MMT's most aggressive inorganic move to bulk up its presence in the budget hotel seg...
- Online travel portals, hotels register more bookings for extended weekend tripsFor holiday planning site GoFro, demand has gone up for single-city destinations like Dubai, Singapore and three-to-five night itineraries.
- These online budget hotel startups swear by the full inventory modelThe online budget room space, it seemed, was getting cramped, and there was no room for people like Gupta who had embraced a full inventory...
- Top global business school students returning to India to jump on to ecommerce, startups bandwagonSpurred by the boom in ecommerce and startups in India and rising investor interest, students from top global business schools are returnin...
- Accel, Kalaari invest in FabHotelsThese investments come at a time when Oyo Rooms, the largest and oldest player in this market, is in the midst of raising a $100-mn financi...
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