Existing investor and investment giant Goldman Sachs has pumped nearly Rs 11 crore in its portfolio company and budget hotel player Fab Hotels. The latest capital infusion is mostly likely part of the Rs 40 crore fund raising tranche that the company had kick-started earlier this year.
Photo of a budget hotel operated by Fab Hotels
Last…
Uber’s IPO turned out to be the biggest dud of 2019, with investors clearly giving thumbs down to one of the most anticipated IPOs last year. The market’s lukewarm response was result of Uber’s highly stressed balance sheet and inability to convince investors about its long term revenue model. Therefore it was highly expected that…
