Treebo fires 120 employees, blames failed funding
In 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 Treebo
The potential investment is expected to give Treebo a post-money valuation of $...
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 comm...
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.
FabHotels plans to double inventory by 2019
Aggarwal said the company will also add some business and leisure cities.
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.
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.
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