INSUBCONTINENT EXCLUSIVE:
Sonder, which rents serviced apartments akin to boutique hotels, has raised $225 million at a valuation north of $1 billion, the company
Capital Partners have co-led the round with participation from Fidelity, Atreides Capital, ARod Corp, Spark Capital, Inovia Capital and
Greenoaks Capital.The Airbnb competitor says it tripled the number of rentable units in its online marketplace last year with more than
8,500 spaces in 20 cities around the world available today
The company, which accommodates stays as short as one night and as long as two years, for example, provides hotel-like amenities in fully
furnished apartments.As Airbnb gears up for an initial public offering or direct listing expected in the next year, investors look to new
investment opportunities in the space
Indian hotel startup Oyo recently secured new cash, including a large investment from Airbnb itself
Additionally, boutique hotel company Life House attracted $40 million and Mint House raised $15 million to provide a better hotel
