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FabHotels Parent Travelstack Files DRHP For IPO

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SUMMARY

The travel tech company’s proposed IPO will comprise a fresh issue of shares worth up to INR 250 Cr and an offer-for-sale (OFS) component of up to 2.69 Cr shares

Investors like Accel, Goldman Sachs, Panthera Growth Partners, Anupam Mittal and Qualcomm would be offloading shares via the IPO

Travelstack Tech operates travel tech-focussed SaaS platform TravelPlus and budget hotel chain FabHotels

Travelstack Tech, the parent of hotels-focused corporate management provider…

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