Budget hotel chain Treebo Hotels has raised $34 million (Rs. 220 crore) in its Series C funding round led by Hong Kong-based investment firms Ward Ferry Management and Karst Peak Capital..Existing investors SAIF Partners, Matrix Partners India, and Bertelsmann India Investments also participated in the round, reported VCCircle..Rajaram Legal acted for Treebo Hotels. The team was led by Partner Archna Rajaram along with Senior Prasad Subramanyan..AZB & Partners advised and the team was led by Partners Sai Krishna Bharathan and Sugandha Asthana along with Senior Associate Vasudha Asher..Nishith Desai Associates advised Karst Peak Capital and the team included Simone Reiss and Kartik Maheshwari,.J. Sagar Associates acted for Bertelsmann India and the team was led by Partner Raj Ramachandran and Poornima Hariharan.
Budget hotel chain Treebo Hotels has raised $34 million (Rs. 220 crore) in its Series C funding round led by Hong Kong-based investment firms Ward Ferry Management and Karst Peak Capital..Existing investors SAIF Partners, Matrix Partners India, and Bertelsmann India Investments also participated in the round, reported VCCircle..Rajaram Legal acted for Treebo Hotels. The team was led by Partner Archna Rajaram along with Senior Prasad Subramanyan..AZB & Partners advised and the team was led by Partners Sai Krishna Bharathan and Sugandha Asthana along with Senior Associate Vasudha Asher..Nishith Desai Associates advised Karst Peak Capital and the team included Simone Reiss and Kartik Maheshwari,.J. Sagar Associates acted for Bertelsmann India and the team was led by Partner Raj Ramachandran and Poornima Hariharan.