FabHotels
Corporate brand
UnclaimedFabHotels is an Indian network of three-star budget hotels operating under a standardized brand across numerous cities.
Last updated August 31, 2026
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Overview
FabHotels is an Indian budget-hotel network whose operations began in 2014. The brand focuses on three-star and economy-oriented accommodation, using a branded network model rather than presenting itself as a traditional luxury hotel group. Its headquarters are in Gurugram, Haryana, and its stated market is India. The company was founded by Vaibhav Aggarwal and Adarsh Manpuria. Both founders have backgrounds connected with the Wharton School of the University of Pennsylvania; Aggarwal is also identified as an alumnus of the Indian Institute of Technology Guwahati. The founders established FabHotels during a period when Indian hospitality businesses were increasingly using technology, centralized distribution, and branded operating standards to organize a fragmented supply of independent hotels. FabHotels’ proposition is built around making budget accommodation more recognizable and bookable under a common name. Its hotels are generally positioned for travelers seeking practical rooms and basic hospitality services at accessible prices. The model is particularly relevant in India, where demand comes from business travelers, domestic leisure travelers, students, families, and visitors requiring accommodation near transport, commercial, or institutional centers. The available reference material does not provide a complete description of the brand’s operating contracts, technology platform, service guarantees, or property-level ownership structure. The company raised external capital as it expanded. In 2016, it received an $8 million funding round involving Accel Partners, RB Investments, Aarin Capital, and Qualcomm Ventures. In 2017, it raised a reported $25 million Series B round led by Goldman Sachs, with Accel Partners also participating. These financings supported the scaling of its hotel network and brand presence, although the supplied sources do not specify the precise allocation of the funds. By November 2022, FabHotels was reported to operate in more than 66 Indian cities with a network of over 900 hotels. Cities named in the reference material include Mumbai, New Delhi, Chennai, Bengaluru, Kolkata, Hyderabad, Visakhapatnam, and Coimbatore. The reported footprint indicates a national distribution strategy extending beyond India’s largest metropolitan areas. The available material does not provide later network figures, detailed financial results, a current executive roster, or evidence of international operations. FabHotels is therefore best characterized as an active Indian budget-hotel brand with a broad domestic network, rather than as an internationally established hotel corporation.
History
FabHotels was established in India in 2014 by Vaibhav Aggarwal and Adarsh Manpuria. The founders’ educational backgrounds include the Wharton School of the University of Pennsylvania, while Aggarwal is also identified as an alumnus of IIT Guwahati. The company entered the market as a branded budget-hotel network at a time when travelers increasingly used online channels to compare and reserve accommodation and when independent hotels were seeking access to stronger distribution and recognizable standards. The brand’s basic approach was to organize budget and three-star accommodation under a common identity. Rather than concentrating on luxury properties, FabHotels targeted practical lodging for customers who value location, affordability, and a more consistent branded booking experience. Its operating model appears to have been designed for scale across a fragmented Indian hotel market, although the supplied reference material does not explain the detailed contractual relationship between FabHotels and individual properties. Expansion was accompanied by institutional financing. In 2016, FabHotels raised $8 million from Accel Partners, RB Investments, Aarin Capital, and Qualcomm Ventures. The following year, Goldman Sachs provided the lead investment in a reported $25 million Series B round, with Accel Partners participating again. These transactions marked important milestones in the company’s effort to expand its branded network, but the available source does not provide a detailed breakdown of valuation, ownership, or use of proceeds. FabHotels’ network subsequently expanded across India. By November 2022, it was reported to have more than 900 hotels in over 66 cities. The cited markets included Mumbai, New Delhi, Chennai, Bengaluru, Kolkata, Hyderabad, Visakhapatnam, and Coimbatore, demonstrating coverage of both major metropolitan areas and other significant urban centers. The network’s geographic breadth supports a national, rather than narrowly regional, positioning. The available material confirms FabHotels as an active Indian hotel brand but provides limited information about developments after November 2022. It does not establish a current parent company, public listing, international presence, precise property ownership model, later funding events, current leadership beyond the founders, or detailed brand campaigns. Those areas require further verification before being added to the encyclopedia record.
- 2022
Network exceeds 900 hotels
[1]By November, FabHotels was reported to have more than 900 hotels across over 66 Indian cities.
- 2017
Series B financing
[1]FabHotels received a reported $25 million Series B investment led by Goldman Sachs, with participation from Accel Partners.
- 2016
First reported institutional funding round
[1]The company raised $8 million from Accel Partners, RB Investments, Aarin Capital, and Qualcomm Ventures.
- 2014
FabHotels begins operations
[1]FabHotels was founded by Vaibhav Aggarwal and Adarsh Manpuria, and began operating as an Indian budget-hotel network.
Products and positioning
A standardized, accessible budget-hotel network for travelers in Indian cities.
Hotel accommodation · 2014
FabHotels budget accommodation
FabHotels’ core offering is branded budget and three-star accommodation in Indian cities. The network is intended to give travelers a recognizable booking option across multiple locations, with rooms and basic hotel services aimed at affordability and practical use. The available source does not specify a single uniform room specification or a complete list of amenities, so the offering should be understood at the network level rather than as one identical product at every property.
Brand decisions
2017
Series B financing for continued growthStrategyBackground
FabHotels continued expanding its presence in India’s branded budget-accommodation market.
Action taken
Goldman Sachs led a reported $25 million Series B round, with Accel Partners also participating.
Aftermath
The round represented a further institutional investment in the company’s expansion, although the available material does not state later valuation or deployment details.
Series B funding raised. $25 million (2017)
2016
Capital raise to support network expansionStrategyBackground
FabHotels was scaling its branded budget-hotel network in India and obtained external financing from multiple investment firms.
Action taken
The company raised a reported $8 million from Accel Partners, RB Investments, Aarin Capital, and Qualcomm Ventures.
Aftermath
The financing provided additional capital during the company’s early expansion phase; the supplied source does not quantify its subsequent operational impact.
Funding raised. $8 million (2016)
Recent events
Sources2 sources
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