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Treebo tops up Series D round from HNIs including VSS, Prasoon Agarwal, and Saikiran K

Shortpedia

Content Team
Image Credit: Shortpedia

The hospitality business has been hit severely by the Covid-19 pandemic and budget accommodation hotel brand Treebo is no exception. To keep the business running, Treebo raised Rs 43.5 crore worth bridge round last month from its existing investors Bertelsmann BV, SAIF Partners, and Matrix Partners. The company has now raised a Rs 10.26 crore worth tranche from a list of marquee angel investors as a part of its ongoing Series D round.