India-First-Global-Insights-Analysis -Sharing-PlatformIndia-First-Global-Insights-Analysis -Sharing-Platform

Indian Angel Network invests 2.5 cr in StayZilla.com

, March 13, 2012, 0 Comments

Founded in 2005 Chennai based StayZilla (formerly known as ‘Inasra’) has secured funding of Rs. 2.5 cr from Indian Angel Network (IAN). StayZilla.com, is an online hotel room booking firm which offers  network of over 3800 hotels in 448 cities.

According to Mr Yogendra Vasupal, Founder, StayZilla, the investment will be used to expand to more towns and improve the technology platform. The company aims to cover 300 more towns in the next six months.

Key management personnel other than Mr. Vaspal includes Ms. Roopal Surana (COO) and Mr. Sachit Singhi (Director-Partnerships).