Room booking app NightStay raised undisclosed amount of funding - Startup news, funding, investment, entrepreneurs, earn money, technology etc


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Tuesday, May 9, 2017

Room booking app NightStay raised undisclosed amount of funding

Last minute hotel booking app NightStay has raised undisclosed amount of funding from IAN and LetsVenture.

Nasr Khan founder and CEO of NightStay said, The funds raised will be primarily used to ramp up our tech platform and for geographical expansion. While there has been tremendous evolutions in technologies like AI in the finance sector, the travel industry has been largely untouched by it. This is where we are looking to create a significant differentiator element.

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The company procures unsold inventory from hotel owners at a discount and offers the rooms under three categories : boutique, business class and luxury class hotels.

The company has more than 1,000 partner hotels on its platform and is adding more hotels every month.

NightStay is available on both android and iOS platforms, and operates across Delhi-NCR, Mumbai, Bangalore, Chennai, Hyderabad, Goa, Ahmedabad, Jaipur, Kochi, Pune, Agra and Chandigarh.

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