Skift Take
It's been a wildfire of funding for Indian-based travel startups in the hospitality space so far in 2016, and Stayzilla's latest round continues that momentum.
Each week we create a roundup of travel startups that have received or announced funding that week. The total amount raised this week was $39.6 million.
Here are two companies that announced they raised funding this week, listed in order by the highest amount raised. See previous roundups here.
>>Stayzilla raised a $35 million Series C round from existing investors Matrix Partners and Nexus Investment Partners bringing the Chennai, India-based startup’s total funding to $34 million
Stayzilla is a booking site for alternative accommodations in India. It has more than 30,000 stay options across 4,000 towns in India.
>>HundredRooms raised a $4.6 million Series A round from new investors Seaya Ventures, Bankinter and Media Digital Ventures and new investor Inveready bringing the Mallorca, Spain-based startup’s total funding to $5.7 million.
Founded in 2014, HundredRooms is a vacation rental metasearch platform for Spanish-speaking travelers. The startup plans to use the funding to focus on apartments managed by private individuals and to expand to more Spanish-speaking markets.
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Photo credit: Stayzilla is a booking site for alternative accommodations in India. Stayzilla