Hotel chain Treebo raises $34 million in Series C funding
Bengaluru-based hotel chain Treebo on Wednesday raised over $34 million (â¹217 crore) in its Series C funding. The funding round was led by Hong Kong-based investment firms Ward Ferry Management and Karst Peak Capital. Existing investors SAIF Partners and Bertelsmann India Investments also participated in the round. Founded in 2015, Treebo has a total funding of $57 million (â¹364 crore). 