Room rental service Zo Rooms has raised an undisclosed amount in a Series A round of funding from Tiger Global and Orios Venture Partners, reports ET. According the the report, the funding amount was close to $15 million. The startup will use the funds for marketing, brand building and improving its technology. As of now, Zo Rooms offers room rentals in 25 cities, including Delhi, Chennai, Mumbai, Pune, Mysore, Varanasi, Hyderabad and Bangalore. To book a room, users need to select the city they want the room in, the check in and check out dates, number of rooms, and number of people in the room. The website then displays a list of rooms in the given city, however, this list is not sortable based on price etc. On selecting the room of their choice, users are provided with an option to ‘Power Book’ which lets them book their accommodation online and pay via credit/debit cards or net banking. Users can also choose to pay at the hotel itself. If not booking online, users are provided with a number to call the company and rent the room. Zo Rooms claims that it will have 2000 hotels in 60 cities by the end of this year. Competition: - In March this year, branded budget hotel rooms marketplace OYO Rooms secured $20 million in a funding round led by Greenoaks Capital and other existing investors. OYO Rooms operated as Oravel.com and pivoted its business from an Air BnB clone following operational issues. In…
- What is Google’s new plan to combat misinformation on its platforms in India? December 7, 2022
- Truecaller claims its government digital directory may tackle phone call scams in India December 7, 2022
- Platforms Responsible For Algorithmic Recommendations: Amicus Brief in U.S. Safe Harbour Case December 7, 2022
- Everything you need to know about Indian Central Bank’s CBDC project— digital rupee December 7, 2022
- Final Call: Reworking The Data Protection Bill, Delhi, 8th December December 7, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
New bill narrows focus over predecessors that went heavy on data sovereignty, localisation and compliance. What explains this change?
The Structure and Style of a Dogma Community: Conspiracy theories and organized Twitter engagement on Sushant Singh Rajput
Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...