Hotel aggregator FabHotels raises ₹54 crore
Gurgaon-based hotel aggregator FabHotels on Tuesday raised over ₹54 crore in Series A round of funding from Accel Partners and RB Investments. Mohandas Pai’s Aarin Capital and Qualcomm Ventures also participated in the funding. Founded in 2014 by Vaibhav Aggarwal and Adarsh Manpuria, the startup lets users book hotels in over 15 cities including Delhi, Bengaluru, Mumbai, Hyderabad and Pune.