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.
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.
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.
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Private equity fund focused on growth equity
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Accel is recognized as a leading venture capital firm.
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Tools and services for organizational scaling and leadership development.
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Investor details for FabHotels
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Investments & Acquisitions by FabHotels
Investment portfolio details for FabHotels
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- Transaction dates
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Financial Statements - FabHotels
Detailed financials for FabHotels
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- Profit trends
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Fabhotels Comparisons
Peer comparison for FabHotels
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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.
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A network of hotels and resorts is operated internationally.
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A chain of hotels and resorts is operated.
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Luxury hotels and resorts are owned and operated internationally.
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Listings of hotels and restaurants are facilitated via the platform.
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Hospitality management services provider
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Detailed competitors of FabHotels
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Latest news on Fabhotels
Complete news archive for FabHotels
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Frequently Asked Questions about FabHotels
FabHotels was founded in 2014 and raised its 1st funding round 1 year after it was founded.
FabHotels is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Vaibhav Aggarwal is the current CEO of FabHotels. They have also founded this company.
FabHotels is a funded company, having raised a total of $71.89M across 7 funding rounds to date.
As of Mar 30, 2024, the latest employee count at FabHotels is 541.
Annual revenue of FabHotels is $27.76M as on Mar 31, 2023.
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.
FabHotels's top competitors include Lemon Tree Hotels, Radisson Hotels and Indian Hotels.
FabHotels offers Hotel Booking App, FabHotel Prime, and FabExpress.
FabHotels has 12 investors. Key investors include Goldman Sachs, Accel, xto10x, Alteria Capital, and Qualcomm Ventures.
The valuation of FabHotels is $136.36M as of May 2023.