What is Treebo Hotels?
Founded in 2015 and headquartered in Bengaluru, India, Treebo Hotels operates as a prominent hotel chain with a substantial footprint across India. The company manages a network of 250 hotels spanning 54 cities, positioning itself as a key player in the Indian hospitality market. Its operational scale and market penetration suggest a focus on providing accessible and standardized accommodation options.
How much funding has Treebo Hotels raised?
Treebo Hotels has raised a total of $80M across 6 funding rounds:
Series A
$6M
Series B
$16.6M
Series C
$34M
Unspecified
$6M
Other Financing Round
$1.4M
Series D
$16M
Series A (2015): $6M with participation from SAIF Partners and Matrix Partners India
Series B (2016): $16.6M led by Bertelsmann India Investments, Matrix Partners India, and SAIF Partners
Series C (2017): $34M supported by Karst Peak Capital, Bertelsmann India Investment, Matrix Partners, Ward Ferry Management, and SAIF Partners
Unspecified (2020): $6M featuring Bertelsmann India Investments, Matrix Partners India, Ward Ferry Management Limited, and SAIF Partners
Other Financing Round (2020): $1.4M backed by Jaydeep Barman, Mozambique Holdings, and Vijay Shekhar Sharma
Series D (2021): $16M with participation from Deepak Parayanken, Ward Ferry, Elevation Capital, Matrix Partners, Accor, Bertelsmann, and Bennett Coleman & Co.
Key Investors in Treebo Hotels
SAIF Partners
SAIF Partners is a prominent private equity firm that specializes in providing growth capital to companies in China or those with significant operations in the region. The firm focuses on various sectors, including internet+, TMT, healthcare, new materials, and clean technologies. With a strong portfolio, SAIF Partners aims to support the development of Asian companies. Their investment approach is centered on fostering innovation and growth in key industries.
Matrix Partners India
Matrix Partners India is an investment firm with approximately $1 billion under management. Founded in 2006, the firm invests in companies targeting the Indian consumer and enterprise market at the seed, early and early growth stages. Matrix India has invested in several market leading financial services companies, such as, Razorpay (payments and SME Neobank), OfBusiness (B2B Commerce, Fintech), Five Star Business Finance (SME lending), Mswipe (mobile POS), OneCard (mobile-first credit card), Jupiter (consumer Neobank), Ola Financial Services (digital-first fin. products), and LiquiLoans (P2P lending). Other marquee investments include Ola (mobility), Dailyhunt (mobile local language platform), Ola Electric (electric vehicles), Stanza Living (tech enabled student housing platform), Country Delight (D2C dairy & fresh foods brand), DealShare (social commerce platform), Zupee (leading skill-based gaming app) and Bijnis (digital B2B marketplace) among others. Matrix India has advisory offices in Bangalore, Delhi and Mumbai. Matrix Partners has a global network of funds investing in the US, China and India, with approximately $5 billion under management.
Accor
Accor S.A. is a French multinational hospitality company and one of the world’s leading hotel groups, offering stays and experiences through a diversified portfolio of more than 45 hotel brands across 110+ countries with approximately 5,700 properties and over 850,000 rooms worldwide. Its brands span luxury, premium, mid-scale, and economy segments, including names such as Sofitel, Novotel, Mercure, ibis, and many lifestyle and boutique concepts. Accor’s ecosystem also includes food and beverage venues, wellness facilities, loyalty programs, and business travel services, all designed to deliver comprehensive hospitality experiences for guests and tailored solutions for partners and hotel owners. Founded in 1967 and headquartered in France, Accor emphasizes sustainable growth, responsible tourism, and innovation in the evolving global travel landscape.
What's next for Treebo Hotels?
The recent major strategic investment, coupled with the substantial total funding of $80M, indicates that Treebo Hotels is likely in a phase of scaling operations, expanding its market reach, and potentially enhancing its technological infrastructure. This capital infusion will be critical for navigating the competitive landscape, optimizing guest experiences, and solidifying its position as a leading hotel chain in India. Future growth may involve further property acquisitions, service diversification, or strategic partnerships to drive innovation and operational efficiency.
See full Treebo Hotels company page
