S&R Associates advised USD 16 Million funding for Treebo Hotels
S&R Associates advised Ruptub Solutions, the operator of Treebo Hotels, in a Series D funding round of approximately USD 16 million led by Accor, a French hospitality group, with participation from certain existing investors.
The S&R team was led by partner Rachael Israel, and included associates Raya Hazarika and Sushmita Sur
Treebo Hotels is a Bengaluru-based budget hotel chain.
It has raised INR 118 Cr ($16 Mn) in a fresh series D funding round that shall help the start up to recover from the impact of global pandemic which has affected the travel & hospitality industry immensely.