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TREEBO FUNDING
Accor, InterGlobe looking to beef up presence through Treebo franchise dealInterGlobe Enterprises and Accor are in discussions with Treebo for a master franchise partnership, aiming to expand their presence in Indi...- 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 ...
- Another Treebo cofounder Kadam Jeet Jain exits, will take up advisory roleIn February this year, another Treebo founder Rahul Chaudhary who had left the firm in 2021, said he had joined venture capital fund Matrix...
- Treebo cofounder Rahul Chaudhary joins VC fund Matrix PartnersIn his new role as venture partner at Matrix India, Chaudhary will be looking at early-stage investments for the fund, focussing on seed to...
- Treebo raises $16 million Series D funding from Accor and othersThe investment by Accor is part of a broader partnership wherein Treebo will deploy Hotel Superhero, its cloud-based hotel management softw...
- Treebo strengthens senior team with three promotionsThe company also announced that it has rehired 65 of its former colleagues, who had exited as part of the paid voluntary resignation scheme...
- Treebo Hotels raises Rs 10 crore from angel investorsTreebo Hotels currently has a portfolio of over 600 hotels in more than 100 cities.
- Treebo raises $6 million from existing investors; to strengthen defences against pandemicIt added that operational hotels of the company are audited on their compliance of Covid related safety standards and are accordingly given...
- Startups help laid off employees start afreshNew-age companies reach out to alumni, investor and human resource networks to help employees find jobs again.
- Treebo fires 120 employees, blames failed fundingIn July last year, Treebo had laid off 70-80 employees after online travel agency MakeMyTrip stopped listing the company on its platform
- 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 ...
- MakeMyTrip may take a stake in Oyo, to delist rivals Treebo, FabhotelsMakeMyTrip’s decision to bet on OYO Rooms is the latest in a series of moves aimed at cementing its partnership with the SoftBank-backed co...
- Investors book a spot in Treebo with Rs 226 croreThe series-C round of equity financing is the first by the Bengaluru-headquartered Treebo, since it announced a Rs 112-crore round of fundi...
- Ward Ferry may check into Treebo with $20 millionWard Ferry also holds stakes in listed Chinese budget hotel chain Huazhu Hotels Group and India's largest online travel agent MakeMyTrip.
- MintM ties up with Treebo Hotels for 'Engagement Bots'MintM’s hardware-agnostic solution runs on any android platform and has been adopted by UB Group, Spar, Pepsico, ITC Group, Hypercity, Targ...
- 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...
- Ex-Yahoo executive Khilan Haria joins Treebo as head of productPrior to joining Treebo, Haria was working as head of product at Teabox, a vertical e-commerce company focused on premium tea.
- Treebo Hotels raises Rs 112 crore in new funding roundThe deal underlines how companies with favourable unit economics even with a lower market share are able to raise capital in a tough fundin...
- Sustainability not size is the new mantra for investors of startup ecosystemAs investors tighten their purse strings, India’s startup ecosystem is increasing focus on scrutinising income statements and making money ...
- Matrix, SAIF fund former Myntra executives’ TreeboFormer Myntra senior executives Sidharth Gupta and Rahul Chaudhary, along with Kadam Jeet Jain, have raised $6 million, or Rs 38 crore.
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