FabHotels Looks To Raise Over INR 10 Cr From RB Investments

Delhi-based budget hotel chain FabHotels is looking to raise INR 10.66 Cr from Singapore-based venture capital firm RB Investments. In January this year, it was reported that FabHotels was planning to raise INR 39.08 Cr from existing investor Accel India, along with venture capital firms, Goldman Sachs, and RB Investments. Till date, FabHotels has raised $48.6 Mn in seven funding rounds