Last updated: Mar 27, 2024
- Brand NameFabHotels
- HeadquarterGurugram
- No. of Employees717
- Industry
Hospitality
- Founded Year 2014
- Company StatusActive
- Highlights
- Total Funding₹476.55 Cr
- Funding Rounds9
- FY 2022-23 Revenue₹230.88 Cr
- FY 2022-23 Loss-₹5.22 Cr
About FabHotels
Founded in 2014, FabHotels is a network of three-star budget hotels in India. It is based out of Gurugram and is present in over 50 cities with over 600 properties. It competes against the likes of Oyo and Treebo Hotels. FabHotels has been funded by the likes of Qualcomm, Goldman Sachs, Accel, and Innoven Capital.
Key People/Management
Show allVA
Vaibhav AggarwalCo-Founder & CEO
AM
Adarssh MnpuriaCo-Founder
VA
Vaibhav AggarwalDirector
AM
Adarssh MnpuriaDirector
RM
Rikin Milan KapadiaDirector
Latest News
- FabHotels reports Rs 219 Cr revenue and Rs 5 Cr loss in FY23Feb 8, 2024
- Decoding FabHotels’s Series C roundOct 13, 2023
- Exclusive: FabHotels raises $20 Mn to scale new vertical TravelPlusSep 2, 2023
- Exclusive: FabHotels lays off up to 80 employees, slashes salary across levelsApr 2, 2020
- Exclusive: FabHotels set to raise Rs 40 Cr at a valuation of Rs 856 CrJan 3, 2020
- FabHotels raises Rs 54 Cr from Goldman Sachs, Accel and QualcommJun 4, 2019
- Budget hotel chain FabHotels eyeing 30% revenue growth through loyalty programAug 14, 2018