Travel

Room on call-Budget Hotel Aggregator to Raise Series-A to expand into 100 cities

29.06.2016:Budget hotel Aggregator “Room on Call” announced to expand footprints to 100 cities by the year end with about 1200 hotels to the platter. The Gurgaon based company was in news to raise angel round from US based Angel Investor and Pre Series A round for $ 2 million and now looking to raise Series A  round soon, said Nirupma Dhawan, COO Room on Call.The Company has attained sustainable growth since inception and looking to expand portfolio to tier 2 and Tier 3 cities and at a time when the strong competition is trying to reduce their cash burns .we are quite focussed on stable and sustainable business and believing in building technology infrastructure by implementing strong Analytics and algorithm which will further reduce the costs upto 30% for corporates, who preferred Room on call as their preferred Hospitality Partners said Nirupma Dhawan, COO Room On Call. “We are quite happy with the growth of the organisation at the times when competition funded heavily by the investors for market share and Room on Call kept its focus on maintaining Margin positive kind of Business strategy, quality, standardisation and to bind supply side without diluting their minimum tariffs “,She added.

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