Fabhotels operates an online hotel-room aggregation platform offering inventory across multiple cities. Founded in 2015 by Adarsh Manpuria and Vaibhav Aggarwal, the company is based in Gurgaon. It lists 1,300+ hotels across 76+ cities and reports over 4 million customers. The group's parent, Casa2 Stays, is directing capital toward scaling TravelPlus, a corporate travel and expense management vertical. TravelPlus says it serves enterprise customers such as Spinny, Urban Company, PolicyBazaar, Zomato, Spicejet, Pharmeasy, and Ninjacart. To date the group has raised over $48 million from investors including Goldman Sachs, Acce, RB Investments Pte. Ltd., Qualcomm, Tacxn Labs, and InnoVen Capital. FabHotels operates a budget hotel chain on a franchise model aimed at providing standardized services across properties. Founded in 2014 by Wharton alumnus Vaibhav Aggarwal, the company runs over 600 hotels across 50 cities in India. Its core product is standardized, branded budget lodging delivered via franchise partnerships. The chain has attracted institutional investor interest, most recently securing a fresh funding round. The company’s current valuation was reported at Rs 856.4 crore following the latest raise. Operational scale (rooms/hotels) is represented by its 600+ hotel footprint across India. Casa2 Stays Pvd Ltd owns and operates FabHotels.com, a technology-driven budget hotel franchise brand led by co-founder and CEO Vaibhav Aggarwal. The company's franchise model focuses on partnering with 20–40 room budget hotels and uses a proprietary technology platform to deliver superior yields to franchisees and assist in property operations. FabHotels operates over 5,000 rooms across more than 225 franchise hotels in over 20 major Indian cities, including Mumbai, the National Capital Region and Bengaluru. The company also operates a professional training academy for hotel staff and maintains on-the-ground quality control teams to standardize stay experiences. Casa2 Stays intends to use the Series B proceeds to further strengthen its market leadership, brand and expansion plans. The company recently secured a $25m Series B led by Goldman Sachs with participation from existing investor Accel Partners. FabHotels is a tech-enabled hospitality startup that operates as a budget hotel aggregator. The company was formed by former Rocket Internet executives. It operates in India. According to the article, FabHotels has raised $8 million in a Series A round. The funding was disclosed by co-founder Vaibhav Aggarwal. The article does not provide other operating metrics, valuation, or details on future plans.

Total raised

$58M

Funding rounds

4

Latest round

Equity

Latest activity

Sep 2023