Treebo Hotels closes $16 Mn Series D round led by Accor & others


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Bengaluru-based budget hotel chain Treebo Hotels has raised INR 118 Cr ($16 Mn) in a fresh series D funding round which will provide the startup with much needed cash infusion as the travel and hospitality industry slowly recovers from the impact of a global pandemic. Treebo’s Series D round saw participation from new investors including French multinational hospitality firm Accor and Deepak Parayanken of Mozambique Holdings.