Indian budget hotel chain FabHotels has raised INR 54 Cr. (around $7.8 Mn) from existing investor Goldman Sachs along with marquee venture capital firms Qualcomm Ventures, and Accel Partners India. FabHotels is a hotel booking platform which operates through franchising arrangements with budget hotels across India.
FabHotels Raises $7.8 mn From Goldman Sachs & Others In Its Ongoing Series B Round
Date posted: Friday 7 June 2019