Expect gross booking value to rise five-fold in two years, says Treebo Hotels’ Gupta

Sidharth-Gupta_01_feSidharth Gupta, co-founder of tech-focussed budget hotel chain Treebo Hotels, feels these are great times for the industry as rising incomes, lifestyle changes and digitisation are prompting more middle-class consumers to travel. Gupta had set up Treebo, operated by Ruptub Solutions Pvt. Ltd, in March 2015 along with Rahul Chaudhary and Kadam Jeet Jain. He […]

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What startups expect from PM Modi’s ‘Startup India’ action plan

Untitled-10India’s startup ecosystem has grown by leaps and bounds over the past couple of years and now attracts the world’s biggest investment firms. Nonetheless, January 16 would probably mark the next phase of growth for the Indian startup ecosystem when Prime Minister Narendra Modi announces the much-awaited action plan for the ‘Startup India’ initiative that […]

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Treebo claims to book 250 rooms a night

Matrix and SAIF Partners-backed Rubtub Solutions Pvt Ltd, which runs an online aggregator for budget hotels called Treebo Hotels, claims to register upto 250 bookings every night in just four months after inception. Sidharth Gupta, co-founder of Treebo, said that the startup has a confirmed inventory of 400 rooms with an occupancy rate of 60-65 […]

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