Room on call in talks to raise $10 million
to scale up operations.
Sep15,2015. The growing competition in Indian ecom industry led
the entrepreneurs and Ceo's quite busy in assessing the competition, drawing
charts for planning and hunger to get market share is what the technology
driven era is all about as of now.The biggest challenge for the companies
is to expand horizons and to maintain growth evaluated at monthly basis which
have been adopted by Indian entrepreneurs very well,as the concepts are very
well getting implemented which has given rise to competetion and can be
considered as startup wars .Every company is wanting to have market share in
terms of customer acquisitions where in huge amounts are getting spend on
marketing ,Branding along with lucrative offers for the customer acquisition
,it has been started from flipkart-Snap deal chaos in the retail domain, Oyo
and Zo rooms fought over data mining .
The competition has now been witnessed in Branded budgeted
accommodation which can be very well seen from 100million investment on Oyo by
soft bank ,Tiger led Zo Rooms, Saif and Matrix Partners backed Treebo, Senior
executive yahoo backed Room on call which is considered to be as the startup of
the month. They have shown considerable growth in short span of 4 months
started with 2 properties in gurgaon with 36 room nights to sell everyday have
reached to cater 4500 room nights in 25 cities .The company is expected to
create tough times for other players in the segment because of its exclusivity
in booking rooms on phone call which is expected to be most easiest way and
adoptive in the Indian market .we are quite happy with the growth and
raising another $10million to scale up the operations,said Mr.Pradeep
sajjan Ceo, Room on call.
