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Zo Rooms Website, App Down – Shutdown or Merger on the Cards?

Zo Rooms Website, App Down - Shutdown or Merger on the Cards?

Both the site and application of Tiger Global sponsored marked spending plan room chain Zo Rooms has been down for more than 24 hours, in what could be deciphered as indications of a combination in the area.
Redesign: The Zo Rooms site and application are operational once more. Paavan Nanda, Co-Founder of Zo Rooms declined to remark on bits of gossip about a procurement.
Devices 360 was not able burden both the application and site, and as indicated by reports on its Facebook page, the site has been down since February 8. Zo Rooms hasn’t redesigned its online networking sustains on Facebook and Twitter since November 2015.

Gossipy tidbits about Oyo Rooms gaining Zo Rooms had been doing the rounds toward the end of December 2015. In its last reported raise support, Zo Rooms had secured $30 million (generally Rs. 203 crores) in financing from existing speculators, Tiger Global Management and Orios Venture Partners, in August 2015.
Contraptions 360 has messaged the originators of Zo Zooms and its financial specialists Tiger Global, Orios Venture Partners, and Sol Primero looking for a remark on whether its operations are relied upon to continue soon, or if a procurement or close down is on the cards. We’ll be upgrading our duplicate soon once we have a reaction from them.
Established in 2014, Zo Rooms recorded over a hundred properties in Delhi-NCR, Mumbai, Bengaluru, Pune, Hyderabad, Jaipur and Goa, when its administrations were operational
Travel booking gateway MakeMyTrip had blocked Oyo Rooms and Zo Rooms from its entryway in November 2015, and dispatched its own particular worth chain presently. SoftBank-upheld Oyo Rooms had guaranteed more than 1 million bookings on its site in January 2015.

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