Treebo Hotels launches platform to benefit small, medium hotel owners
The platform will give small hotel owners access to benefits like hotel management technology, quality control support, staff training support, pre-screened vendors, etc.,.
Treebo launches unbundled offering ‘Hotel Superhero’, 100 properties sign up in pre-launch phase
The platform aims to empower small and mediu...
Treebo fires 120 employees, blames failed funding
In July last year, Treebo had laid off 70-80 employees after online travel agency MakeMyTri...
Accor in advanced talks to invest up to $40 million in Treebo
The 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 round
OYO to scale up its SilverKey hotels portfolio to 19 cities across India
For OYO, the decision to expand comes soon after it said it had committed Rs 1,400 crore towards its core Indian market, having raised an estimated $1-1.2 billion in equity financing thus far in its Series E round of funding.
Paytm enters hotel booking business, buys NightStay
Paytm 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 partner hotels to build technology-driven solutions.
Treebo on a high with events platform buy
Founded in 2016 by Nikesh Garera and Arvind Batra, Events High counts early-stage investment firm Axilor Ventures as an investor.
Budget hotel brand Treebo lays off 70-80 staff
A company spokesperson confirmed the layoffs stating that redundancies were a result of the Bengaluru-headquartered Treebo doubling down on its technology products and processes, as the company looks to rationalise costs.
FabHotels plans to double inventory by 2019
Aggarwal said the company will also add some business and leisure cities.
Treebo Hotels targets 3-fold jump in portfolio
Treebo entered the mid-to-premium segment earlier this month with the launch of Treebo Select, which is primarily aimed at the corporate customer.
MakeMyTrip may take a stake in Oyo, to delist rivals Treebo, Fabhotels
MakeMyTrip’s decision to bet on OYO Rooms is the latest in a series of moves aimed at cementing its partnership with the SoftBank-backed company.
Betting on India by Walmart is a big boost for VC industry
Investors who have ploughed billions of dollars in local startups — especially after 2014, but haven’t witnessed many exits — will now want to take new bets, said several people that TOI spoke to.
Treebo Hotels brings on board Sonali Ramaiah as head of people function
Ramaiah will lead all people initiatives for Treebo and will work closely with the leadership team to further strengthen the company’s culture and solidify its position as an employer of choice.
Ward Ferry may check into Treebo with $20 million
Ward Ferry also holds stakes in listed Chinese budget hotel chain Huazhu Hotels Group and India's largest online travel agent MakeMyTrip.
Investors book a spot in Treebo with Rs 226 crore
The series-C round of equity financing is the first by the Bengaluru-headquartered Treebo, since it announced a Rs 112-crore round of funding, which was led by Bertelsmann India Investments in July last year.
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