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Exclusive: Last-minute hotel booking startup RoomsTonite shuts down

Wednesday, March 15, 2017 | More »

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RoomsTonite, a mobile app for last-minute hotel bookings, has closed down operations as funds dried up following a failed $1.5 million fundraising bid, two persons familiar with the development told VCCircle. The startup decided to draw the curtain around eight months ago when operating costs began ...

Startups

Now OTAs look to take a piece of the cake from online branded budget chain startups

A bunch of Indian startups including OYORooms, Treebo, ZO Rooms, ZiP, Zen and WudStay are trying to disrupt the highly fragmented market for no frills budget hotel business with their own version of alternative accommodation. Anchored on an asset-light business model they are essentially aggregating...

10 July, 2015 | More »

Paytm

One97 to enter e-grocery with new app Zip

One97 Communications Ltd, which runs a mobile payments, recharges and mobile-first e-commerce marketplace Paytm, is floating a new app named Zip to connect users to both local offline as well as online grocers. This will mark the second such consumer facing product for One97 which currently operates...

20 April, 2015 | More »