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Funding roundup: Fabhotels, GoodBox and TruWeight

Fabhotels raises $5 million from Kalaari and Accel


Hotel aggregator Fabhotels has raised $5 million in a round of funding from Accel Partners and Kalaari Capital, reports NextBigWhat. The platform will use the funds to expand its services in India, as well as better its consumer and operator facing technology.

The platform, formerly known as Casa2Inns, currently offers hotel bookings in over 50 cities in India including Delhi, Jaipur and Pune. These hotels are owned by the platform itself, so the platform claims to offer a better experience than third party sellers. Fabhotels mentions it will soon launch hotels in Chandigarh and Bangalore as well.

GoodBox raises $200k in seed funding

On-demand app GoodBox, which connects customers with businesses, has raised $200k in seed funding from Manipal Group, reports NextBigWhat. The platform will use the funds to add a payment option and focus on increasing the number of transactions.

GoodBox works by letting customers directly interact over chat with various businesses to address any issues they might have. Businesses on the other hand, can send group message to their customers, set up store timings, provide a menu function and put up business images etc. It currently lists bus operators like Neeta, SRS, VRL, Unibic and local businesses like Veglife, as its customers.

TruWeight raises Series A from Kalaari Capital


Food technology startup Truweight has raised an undisclosed amount in a Series A round of funding from Kalaari Capital, reports NextBigWhat. The platform will use the funding to expand across various cities in the country, hire new talent, add physical centers in Bangalore and Chennai and launch a mobile app.

The Hyderabad based company provides users with various food products that promote weight loss. The company’s flagship program known as Truweight, is a weight loss program that apparently relies on fat burning foods to help users lose weight. The company also provides users with a mentor, and claims it does not rely on pills and gadgets for weight loss.

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    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ