Exclusive: Last-minute hotel booking startup RoomsTonite shuts down

Close-free2RoomsTonite, a mobile app for last-minute hotel bookings, has closed down operations as funds dried up following a failed $1.5 million fundraising bid, two persons familiar with the development told VCCircle. The startup decided to draw the curtain around eight months ago when operating costs began to get out of control. Its mobile application is […]

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Exclusive: Hotel bookings app RoomsTonite gets $1.5M in angel funding

RoomsTonite, a mobile app for last-minute hotel bookings, has raised $1.5 million (Rs 10 crore) in seed funding from a bunch of angel investors. Lashit Sanghvi (co-founder of Alchemy Capital), Nikhil Vora (founder of Sixth Sense Ventures), Venkat Vardhan (promoter of DNA Networks), Mohammed Bin Abdul Rehman Al Khalifa (chairman of Caravan Group) and Ralph […]

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RoomsTonite inducts Airbnb’s Mohit Srivastava as revenue and partnerships head

RoomsTonite, a mobile-based marketplace for last-minute hotel bookings, has appointed former Airbnb executive Mohit Srivastava as the company’s chief of revenue and partnerships. Srivastava will help RoomsTonite, which is run by Bangalore-based RoomsTonite eBookings Pvt Ltd, to identify new avenues for growth in addition to strengthening existing revenue opportunities, as per a press statement. “RoomsTonite […]

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