Budget hotels brand FabHotels has recently raised $25 million in Series B round of funding led by financial services firm Goldman Sachs. As per reports, FabHotels’ existing investor Accel Partners also participated in the round. The company will use the newly-raised funds from Goldman Sachs to double the number of hotel rooms on its platforms. It is also looking to strengthen its presence in select cities.
FabHotels Raises $25 million In Series B Funding from Goldman Sachs, Accel Partners
Date posted: Thursday 27 July 2017