budget hotel network

Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia

Southeast Asian ride-hailing firm Grab has made its most ambitious investment to date after it backed India-headquartered budget hotel network OYO to the tune of $100 million. The investment was part

India’s budget hotel network OYO moves into wedding banquet services

OYO Rooms, the India-based budget hotel network that’s backed by SoftBank’s Vision fund, has prioritized expansion into China this year but that’s not all it’s up to.┬áBack hom

Zen Rooms raises $4.1M to expand its budget hotel network in Southeast Asia

Zen Rooms, a budget hotel network targeted predominantly at Southeast Asia, has closed a $4.1 million Series A round to expand its presence in the region. The company, which was first founded by Rocke

India’s Treebo Hotels raises $17 million for its budget hotel network

Treebo Hotels has raised $17 million led by Bertelsmann India Investments (BII) with participation from existing investors SAIF Partners and Matrix Partners India.

Tinggal, a budget hotel network in Indonesia, lands $1M from backers of India’s Wudstay

Indonesia-based Tinggal is less than one month old, but today the company announced that it has raised $1 million in funding. Particularly of interest is the fact that this financing has come from the