FabHotels Parent Travelstack Files DRHP For IPO

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SUMMARY

The travel tech company’s proposed IPO will comprise a fresh issue of shares worth up to INR 250 Cr and an offer-for-sale (OFS) component of up to 2.69 Cr shares

Investors like Accel, Goldman Sachs, Panthera Growth Partners, Anupam Mittal and Qualcomm would be offloading shares via the IPO

Travelstack Tech operates travel tech-focussed SaaS platform TravelPlus and budget hotel chain FabHotels

Travelstack Tech, the parent of hotels-focused corporate management provider…



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FabHotels Parent Travelstack Files DRHP For IPO


SUMMARY

The travel tech company’s proposed IPO will comprise a fresh issue of shares worth up to INR 250 Cr and an offer-for-sale (OFS) component of up to 2.69 Cr shares

Investors like Accel, Goldman Sachs, Panthera Growth Partners, Anupam Mittal and Qualcomm would be offloading shares via the IPO

Travelstack Tech operates travel tech-focussed SaaS platform TravelPlus and budget hotel chain FabHotels

Travelstack Tech, the parent of hotels-focused corporate management provider…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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