About FabHotels
FabHotels is a company based in Gurugram (India) founded in 2014 by Vaibhav Aggarwal and Adarsh Manpuria.. FabHotels has raised $71.89 million across 7 funding rounds from investors including Goldman Sachs, Accel and xto10x. The company has 541 employees as of March 30, 2024. FabHotels offers products and services including Hotel Booking App, FabHotel Prime, and FabExpress. FabHotels operates in a competitive market with competitors including Radisson Hotels, Lemon Tree Hotels, Indian Hotels, Club Mahindra and Millennium & Copthorne Hotels, among others.
- Headquarter Gurugram, India
- Employees 541 as on 30 Mar, 2024
- Founders Vaibhav Aggarwal, Adarsh Manpuria
- Stage Minicorn
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Casa2 Stays Private Limited
- Date of Incorporation 02 Apr, 2014
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$27.76 M (USD)49.5as on Mar 31, 2023
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Net Profit
$-628.59 K (USD)11.49as on Mar 31, 2023
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EBITDA
$-1.33 M (USD)-7.85as on Mar 31, 2023
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Total Equity Funding
$71.89 M (USD)
in 7 rounds
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Latest Funding Round
$20 M (USD), Series C
May 23, 2023
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Investors
Goldman Sachs
& 11 more
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Employee Count
541
as on Mar 30, 2024
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Products & Services of FabHotels
FabHotels offers a comprehensive portfolio of products and services, including Hotel Booking App, FabHotel Prime, and FabExpress. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for searching and reserving budget hotels in India.
Service offering enhanced amenities in select budget hotels.
Chain providing basic, affordable lodging options.
Funding Insights of FabHotels
FabHotels has successfully raised a total of $71.89M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series C — $20.0M
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First Round
First Round
(31 Jul 2015)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series C - FabHotels | Valuation | Panthera | |
| Oct, 2020 | Amount | Series B - FabHotels | Valuation |
investors |
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| Dec, 2019 | Amount | Series B - FabHotels | Valuation | Accel , Goldman Sachs |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FabHotels
FabHotels has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include Goldman Sachs, Accel and xto10x. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity fund focused on growth equity
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Tools and services for organizational scaling and leadership development.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FabHotels
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FabHotels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fabhotels Comparisons
Competitors of FabHotels
FabHotels operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Radisson Hotels, Lemon Tree Hotels, Indian Hotels, Club Mahindra and Millennium & Copthorne Hotels, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A network of hotels and resorts is operated internationally.
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| domain | founded_year | HQ Location |
A chain of hotels and resorts is operated.
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| domain | founded_year | HQ Location |
Luxury hotels and resorts are owned and operated internationally.
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| domain | founded_year | HQ Location |
Listings of hotels and restaurants are facilitated via the platform.
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| domain | founded_year | HQ Location |
Hospitality management services provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fabhotels
Frequently Asked Questions about FabHotels
When was FabHotels founded?
FabHotels was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is FabHotels located?
FabHotels is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of FabHotels?
Vaibhav Aggarwal is the current CEO of FabHotels. They have also founded this company.
Is FabHotels a funded company?
FabHotels is a funded company, having raised a total of $71.89M across 7 funding rounds to date. The company's 1st funding round was a Series B of $5.6M, raised on Jul 31, 2015.
How many employees does FabHotels have?
As of Mar 30, 2024, the latest employee count at FabHotels is 541.
What is the annual revenue of FabHotels?
Annual revenue of FabHotels is $27.76M as on Mar 31, 2023.
What does FabHotels do?
FabHotels was established in 2014 in Gurugram, India, within the hospitality sector. An online platform is operated for booking accommodations, serving as a centralized resource for independent hotels, major chains, and self-catering properties. Regular training sessions and audits are conducted for hotel staff to maintain standards. Operations focus on streamlining reservations across various lodging types in the region.
Who are the top competitors of FabHotels?
FabHotels's top competitors include Lemon Tree Hotels, Radisson Hotels and Indian Hotels.
What products or services does FabHotels offer?
FabHotels offers Hotel Booking App, FabHotel Prime, and FabExpress.
Who are FabHotels's investors?
FabHotels has 12 investors. Key investors include Goldman Sachs, Accel, xto10x, Alteria Capital, and Qualcomm Ventures.
What is FabHotels's valuation?
The valuation of FabHotels is $136.36M as of May 2023.
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