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TREEBO EXPANSION PLANS
Innovaccer & Giva funding; restaurant body vs Zomato, SwiggyHappy Friday! The deal counter is buzzing with new funding rounds across sectors. This and more in today’s ETtech Morning Dispatch.- Treebo Hospitality FY24 revenue climbs 23%; loss widens by 15%Expenses of the parent company of hotel chain Treebo Hotels rose at the same pace as revenue. While employee benefit costs rose by 7.2% to ...
- Cleartrip announces series of senior appointments as part of expansion plansThe appointments include the heads of strategy, hotels and accommodation, flights, and B2B. With these appointments, the company is gearing...
- Software firms want new rules for govt contractsA rule for government departments and ministries that was meant to encourage Indian companies has ended up excluding foreign firms from sof...
- Why PharmEasy bought ThyrocareIn today’s ETtech Morning Dispatch: The rationale for the Pharmacy-Thyrocare deal, according to their promoters; Mobile Premier League (MPL...
- Indian startups get creative as coronavirus crisis fuels funding crunchBookMyShow is promoting free-to-watch Instagram Live performances in an effort to keep its users engaged, while restaurant aggregator and f...
- Accor in advanced talks to invest up to $40 million in TreeboThe potential investment is expected to give Treebo a post-money valuation of $205-240 million and is likely to be part of a future larger ...
- Paytm enters hotel booking business, buys NightStayPaytm said customers could access more than 50,000 daily room nights in the hotel space on its platform and that it would work closely with...
- FabHotels plans to double inventory by 2019Aggarwal said the company will also add some business and leisure cities.
- Why there is so much unease about SoftBank's funding strategy and methodsAs India’s startups enjoy green shoots of a funding resurgence, SoftBank’s looming presence is occupying a lot of mindspace. Its steps will...
- Treebo Hotels targets 3-fold jump in portfolioTreebo entered the mid-to-premium segment earlier this month with the launch of Treebo Select, which is primarily aimed at the corporate cu...
- Treebo Hotels looks east to fuel expansionTreebo is looking to expand its presence in other business and leisure destinations like Ranchi, Patna, Gangtok, Darjeeling, and Puri.
- Oyo Rooms in talks to raise funds from Softbank, may enter unicorn clubThe deal will also give SoftBank — founded by Masayoshi Son — a larger role in the Indian travel market, where online penetration is much h...
- Treebo Hotels eyes 1,500 properties in 150 cities by 2018In July this year, it raised $ 17 million in a Series B funding round led by Bertelsmann India Investments (BII), along with existing inves...
- Koramangala properties amongst our best performing hotels: Founders, TreeboIf budget hotels are what you look for, with 1,000 carefully curated rooms across six cities, Treebo boasts of providing you best services ...
- Budget hotel marketplace Treebo expands operations in Delhi, Mumbai and JaipurBengaluru-based budget hotel marketplace Treebo will expand its operations in Delhi, Mumbai and Jaipur.
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