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F r o m W i k i p e d i a , t h e f r e e e n c y c l o p e d i a
Fab Hotels Industry Hospitality Founded 2014 Founder Vaibhav Aggarwal Headquarters
,
Area served
India
Key people
Vaibhav Aggarwal (Co-Founder) Revenue ₹20.9 crore ($3.2 million) (FY16)[1]
Number of employees
450+ Website www
FabHotels is a network of 3 star budget hotels in India , having its headquarters in Gurugram .[2] [3] [4] [5] [when? it operates in more than 66 cities of India with 900+ Hotels, including major cities like Mumbai , New Delhi , Chennai , Bangalore , Kolkata ,
Hyderabad , Visakhapatnam and Coimbatore .[1]
History
[ edit ]
FabHotels was founded in 2014 by Vaibhav Aggarwal, an alumnus of IIT Guwahati and Wharton School of the University of Pennsylvania and Adarsh Manpuria, also an alumnus of The Wharton School of the University of Pennsylvania .[5]
Funding
[ edit ]
In 2016, FabHotels raised a funding of $8 million from Accel Partners , RB Investments, Mohandas Pai’s Aarin Capital and Qualcomm Ventures .[6] [7] [8]
In 2017, FabHotels received a funding of $25 million in a Series B funding from Goldman Sachs . Accel Partners also participated in this round.[9] [10] [2]
See also
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References
[ edit ]
^ a b Chaturvedi, Anumeha (27 July 2017). "FabHotels secures $25 million Series B funding led by Goldman Sachs Investment Partners" . The Economic Times .
^ Ranjan Bakshi, Sameer (24 May 2017). "Fabhotels FY16 loss up to Rs 13 cr" . The Financial Express (India) .
^ "Online budget hotel brands bet on corporate travel" . The Economic Times . 10 August 2016.
^ a b "Indian Budget Hotel Chain – FabHotels – Is Expanding Rapidly" . Forbes
^ "FabHotels gears up for expansion" . The Economic Times . 13 July 2017.
^ Mishra, Aparna (29 June 2016). "FabHotels Raises $8 Mn From Accel Partners And Others" . INC24.
^ K Tiwari, Ashish (27 July 2017). "Goldman checks into FabHotels with $25 million cash" . Daily News and Analysis
^ Kothiyal, Kavya (26 July 2017). "FabHotels raises $25 million from Goldman Sachs, Accel Partners" . Mint .
^ "FabHotels raises $25 mn, eyes pan India expansion" . The Hindu
External links
[ edit ]
t
e
R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=FabHotels&oldid=1227352816 " C a t e g o r i e s : ● H o t e l a f f i l i a t i o n g r o u p s ● H o t e l c h a i n s i n I n d i a ● I n d i a n c o m p a n i e s e s t a b l i s h e d i n 2 0 1 4 ● H o t e l s e s t a b l i s h e d i n 2 0 1 4 ● 2 0 1 4 e s t a b l i s h m e n t s i n H a r y a n a ● C o m p a n i e s b a s e d i n G u r g a o n ● A s i a n h o t e l s t u b s ● I n d i a n b u i l d i n g a n d s t r u c t u r e s t u b s H i d d e n c a t e g o r i e s : ● A r t i c l e s w i t h s h o r t d e s c r i p t i o n ● S h o r t d e s c r i p t i o n m a t c h e s W i k i d a t a ● U s e d m y d a t e s f r o m J u l y 2 0 1 9 ● A l l a r t i c l e s w i t h v a g u e o r a m b i g u o u s t i m e ● V a g u e o r a m b i g u o u s t i m e f r o m N o v e m b e r 2 0 2 2 ● A l l s t u b a r t i c l e s
● T h i s p a g e w a s l a s t e d i t e d o n 5 J u n e 2 0 2 4 , a t 0 6 : 4 3 ( U T C ) . ● T e x t i s a v a i l a b l e u n d e r t h e C r e a t i v e C o m m o n s A t t r i b u t i o n - S h a r e A l i k e L i c e n s e 4 . 0 ;
a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n . ● P r i v a c y p o l i c y ● A b o u t W i k i p e d i a ● D i s c l a i m e r s ● C o n t a c t W i k i p e d i a ● C o d e o f C o n d u c t ● D e v e l o p e r s ● S t a t i s t i c s ● C o o k i e s t a t e m e n t ● M o b i l e v i e w
