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Posts Tagged ‘ Yogendra Vasupal ’

After venture capital, startups taking ‘vendor capital’ for granted

Monday, March 20, 2017 | More »

Anirudh-Damani_Artha-India-Ventures
The bloodletting in the Indian startup ecosystem continues with hotel-booking app RoomsTonite shutting shop on the heels of the Stayzilla fiasco, which is still playing out in the media. I have previously said that the startup space in India is safe because of its self-correcting nature. However, I ...

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Stayzilla’s Vasupal files bail plea; startup world rallies behind him

Chennai-based homestay aggregator Stayzilla’s co-founder and chief executive Yogendra Vasupal, who was arrested on charges of defrauding a vendor, has filed for bail before Chennai’s Special Metropolitan Magistrate. Vasupal is currently at Chennai’s Puzhal Central Prison. Vasupal was arres...

16 March, 2017 | More »

Stayzilla’s co-founder Yogendra Vasupal

Stayzilla co-founder Vasupal arrested on vendor’s complaint

Yogendra Vasupal, the co-founder and chief executive of Chennai-based homestay booking startup Stayzilla, has been arrested by the police on allegations of non-payment of dues by an advertising agency the company worked with. The development comes barely weeks after Stayzilla shut down its operation...

15 March, 2017 | More »

Stayzilla’s co-founder Yogendra Vasupal

Will never chase growth over unit economics ever again: Stayzilla’s Vasupal

Yogendra Vasupal co-founded online homestay aggregator Stayzilla along with Sachit Sanghi in 2005. Stayzilla, operated by Chennai-based Inasra Technologies Pvt. Ltd, catered to both budget customers and luxury travellers. It raised about $30 million from investors including Nexus Venture Partners an...

3 March, 2017 | More »

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Nexus- and Matrix-backed Stayzilla shuts down, may return with a pivot

Online homestay aggregator Stayzilla, run by Inasra Technologies Pvt. Ltd, has halted its operations and will “reboot with a different business model,” co-founder and CEO Yogendra Vasupal has said. “This has been one of the toughest decisions that I have taken so far, but it is the...

24 February, 2017 | More »

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Stayzilla raises $13.5 mn, plans to grow home stays segment

Chennai-based budget hotels and homestays aggregator Stayzilla has raised $13.5 million in a Series C round of funding from existing investors Matrix Partners and Nexus Ventures. The funding round was closed between November 2015 and January 2016, Stayzilla founder Yogendra Vasupal told Techcircle.i...

13 May, 2016 | More »

Pankaj Gupta, CPO and President of Technology, Stayzilla

Stayzilla brings ex-Twitter exec Pankaj Gupta as product & tech head

Former Twitter executive Pankaj Gupta has joined hotel booking site Stayzilla, run by Chennai-based Inasra Technologies Pvt. Ltd, as chief product officer and president of technology. In a blogpost, Gupta said that he will help Stayzilla build its technology platform. Accordingly, he is shifting fro...

9 May, 2016 | More »

Yogendra Vasupal

Forty per cent of our bookings are for non-hotel rooms: Stayzilla CEO Yogendra Vasupal

Chennai-based Inasra Technologies Pvt Ltd, the startup behind budget hotel booking site Stayzilla.com, has defied naysayers who gave it no chance against large online travel agencies in India. It has just raised $15 million in its Series B round, attracting investors to its differentiated offering....

31 March, 2015 | More »