Chennai based online hotel booking portal StayZilla has raised funding from @Indian_Angel. Financial details of the transaction were not disclosed.
Stayzilla was started in 2005 by Yogendra Vasupal as @Inasra and rebranded in 2010 as Stayzilla. Stayzilla focuses on tier II towns and ensures that travellers can easily search and locate thousands of budget hotels across India, many of whom are not online. It has 3,800 hotels, lodges and even boathouses in its network.
Johnson&Johnson is planning to sell of its two FMCG brands which include Savlon antiseptic soap and liquids, and Shower to Shower talcum powder brands in India for a consideration value of above INR 3000 Mn.
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