Matrix backs hotel reservation site Stayzilla.com
Matrix Partners India has acquired a significant minority stake in Stayzilla.com, a site which allows users to research and reserve hotels at discounted rates in more than 750 Indian cities. The financial details of the deal, in which Matrix was the sole investor, were not disclosed.
Previously known as Inasra.com, Stayzilla differs from other travel booking sites in that it focuses just on hotels. The platform claims its main advantage is the size of its network, which offers a selection...
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