About RoomsTonite
RoomsTonite is a company based in Bengaluru (India) founded in 2014. RoomsTonite has raised $1.5 million across 1 funding round from investors including Lashit Sanghvi, Nikhil Vora and Venkat Vardhan. RoomsTonite operates in a competitive market with competitors including NightStay, HotelsAroundYou, Sorted, Bid Tonit and CountDown, among others.
- Headquarter Bengaluru, India
-
Sectors
Travel & Hospitality
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Roomstonite Ebookings Private Limited
- Date of Incorporation 22 Nov, 2013
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$482.76 K (USD)79482.05as on Mar 31, 2020
-
Net Profit
$353.24 K (USD)3035.63as on Mar 31, 2020
-
EBITDA
-$129.52 K (USD)-2009.89as on Mar 31, 2020
-
Total Equity Funding
$1.5 M (USD)
in 1 rounds
-
Latest Funding Round
$1.5 M (USD), Seed
Dec 02, 2015
-
Investors
& 6 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of RoomsTonite
RoomsTonite has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in December 2015. 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 RoomsTonite
RoomsTonite has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Lashit Sanghvi, Nikhil Vora and Venkat Vardhan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
LS
Lashit Sanghvi |
Co-founder of ChatGenie, active angel investor in Indian startups
|
Locked | Locked | Locked |
|
NV
Nikhil Vora |
Founder of Sixth Sense Ventures, leading consumer-focused VC, active angel investor
|
Locked | Locked | Locked |
|
VV
Venkat Vardhan |
-
|
Locked | Locked | Locked |
Investor details for RoomsTonite
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by RoomsTonite
Investment portfolio details for RoomsTonite
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - RoomsTonite
Detailed financials for RoomsTonite
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Roomstonite Comparisons
Peer comparison for RoomsTonite
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of RoomsTonite
RoomsTonite 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 NightStay, HotelsAroundYou, Sorted, Bid Tonit and CountDown, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Last-minute hotel bookings are enabled via an app-based platform.
|
|
| Locked | Locked | Locked |
Operates a marketplace for same-day unsold hotel rooms.
|
|
| Locked | Locked | Locked |
Cloud-based software for license renewal and permitting management is provided.
|
|
| Locked | Locked | Locked |
Functions as an auction-based app for last-minute hotel room bookings.
|
|
| Locked | Locked | Locked |
Provides a platform for last-minute hotel bookings to travelers.
|
Detailed competitors of RoomsTonite
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Roomstonite
Complete news archive for RoomsTonite
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about RoomsTonite
RoomsTonite was founded in 2014 and raised its 1st funding round 1 year after it was founded.
RoomsTonite is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
RoomsTonite is a funded company, having raised a total of $1.5M across 1 funding round to date.
Annual revenue of RoomsTonite is $482.76K as on Mar 31, 2020.
RoomsTonite is a hotel booking mobile app that provides consumers good hotel rooms at competitive prices at the last moment. On-boards hotels by checking the hotels online reputation score, rating and reviews etc. The company has built a dynamic pricing engine which depending on parameters such as hotel occupancy percentage and time to check-in etc, optimizes the price and ensures that it is still extremely competitive. Claims to have a real-time integration with a hotels booking system which it says ensures that their users are guaranteed a room booking on the same day or for the next day. Takes 15 - 18 commission on the rooms that are booked through the platform. Offers hotels under three categories- luxury, premium and comfort. Has 4000 properties across 325 cities registered with it across India (December 2015). Plans to tap global markets starting with Dubai in September 2015. Partnered with vacation rental specialist Tripvillas to offer homestays and holiday home bookings to expand operations in global markets such as Singapore, Bali, Thailand, Srilanka. Has raised seed funding of 1.5M from angel investors such as 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; Ralph Berezan of Berezan Group of Canada; and Vissal Mathew and Balamurali Krishna of IDS Software. Shutdown its operations in March 2017 due to lack of funding.
RoomsTonite's top competitors include NightStay, HotelsAroundYou and Sorted.
RoomsTonite has 7 investors. Key investors include Lashit Sanghvi, Nikhil Vora, Venkat Vardhan, Ralph Berezan, and Vissal Mathew.