278:, InnoVen Capital, and Jungle Ventures (among others). The funding was designed to facilitate further regional expansion. That month, the company also opened its initial fully-leased and managed hotel location in Singapore. In June 2018, the company announced that it would expand into the Philippines. It also introduced a new property category with RedDoorz Premium, a higher-end version of its existing RedDoorz and RedDoorz Plus categories. By the end of the year, it had 70 properties in the Philippines. It also expanded into Vietnam.
27:
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880:
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In 2017, RedDoorz moved its headquarters to
Singapore. In April of that year, it raised $ 1 million in venture debt from InnoVen Capital. In May 2017, it had over 500 properties in Indonesia and six in Singapore in its portfolio. In March 2018, RedDoorz raised $ 11 million in funding in a "pre-series
308:
RedDoorz operates a network of budget hotels under its eponymous brand name in four countries in
Southeast Asia: Indonesia, Singapore, the Philippines, and Vietnam. The company primarily aggregates currently existing budget hotels. RedDoorz provides the owners and staff of those hotels with training
312:
Each RedDoorz hotel also offers similar amenities including free wireless internet access, the ability to book rooms online, and satellite-connected TVs. In addition to its aggregated budget hotels, RedDoorz owns and operates its own collection of properties. It maintains three separate property
214:. The company aggregates existing budget hotels, offers staff training, provides access to digital services, and rebrands the hotels as RedDoorz. It was founded in 2015 and in mid-2023 it maintains 3,900 properties over thousands of cities across Singapore,
249:
RedDoorz opened its first hotel in
Singapore in January 2017, followed by the Philippines in January 2018 and Vietnam in July 2018. As of October 2019, the company manages around 1,500 properties in 100 cities in Southeast Asia.
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executives. RedDoorz was launched as a part of
Commeasure, a company founded by Saberwal that produced a platform designed to assist budget hotels with expanding their online presence.
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In
September 2015, the company received an undisclosed amount of funding with backing from Jungle Ventures. It raised further venture funding from
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RedDoorz has raised a total funding of $ 140M over 7 rounds. Their latest funding round was a Series C round on Aug 18, 2019 for $ 70M.
266:) in what it described as a pre-series A funding round. At that time, the company had a network of 200 properties throughout Indonesia.
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289:. This was quickly followed by a series-C funding round in August 2019 worth $ 70 million with investment from
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297:-Naver Asia Growth Fund. The series-C round brought the company's total funding to around $ 140 million.
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and lessons in customer service, language, cleaning techniques, and how to use RedDoorz technology.
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735:"Singapore's RedDoorz Is Building A Standard For Business And Domestic Travel Across Southeast Asia"
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683:"Singapore budget hotel start-up RedDoorz enters the Philippines, its 3rd South-east Asian market"
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442:"This Hospitality Startup wants to Become a Mix of Uber & Marriott of Southeast Asia"
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575:"Budget accommodation platform RedDoorz raises undisclosed amount of Series A funding"
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In July 2019, RedDoorz closed a $ 45 million (USD) series-B funding round led by
526:"RedDoorz raises $ 1m in venture debt to grow in the crowded budget hotel space"
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787:"RedDoorz raises $ 70M to expand its budget hotel network in Southeast Asia"
411:"Budget Hotel Platform RedDoorz Bags $ 1.4M To Expand Across Southeast Asia"
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761:"Trump Hotels' Indonesian Partner Invests in Budget Hotel Startup RedDoorz"
813:"Meet the man trying to book your next cheap hotel room in Southeast Asia"
628:"RedDoorz raises $ 11M to grow its budget hotel network in Southeast Asia"
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RedDoorz was founded in July 2015 by Amit
Saberwal and Asheesh Saxena in
657:"Booking website RedDoorz launches its first fully leased and run hotel"
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380:"Budget Hotel Company RedDoorz to Add 11 More Hotels in Singapore"
551:"Budget hotel manager RedDoorz leverages technology for success"
497:"500 Startups invests in budget hotel booking platform RedDoorz"
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Southeast Asia (Singapore, Indonesia, Vietnam, and
Philippines)
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210:-based hotel company and hospitality brand that operates in
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with additional investment from Jungle
Ventures and the
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317:) with a rising scale of amenities and price points.
242:. Saberwal (who serves as CEO) and Saxena are former
471:"500 Startups backs budget hotels platform RedDoorz"
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Singapore-based hotel company and hospitality brand
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315:RedDoorz, RedDoorz Plus, and RedDoorz Premium
262:in January 2016, accumulating $ 1.4 million (
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733:Keeton-Olsen, Danielle (19 December 2018).
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18:
707:Tayao-Juego, Annelle (9 December 2018).
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602:"Accommodation start-ups set to stay"
378:Saxena, Aparajita (15 October 2019).
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811:Gilchrist, Karen (1 February 2018).
335:Kunwar Asheesh Saxena (Co-Founder).
495:Russell, Ishita (20 January 2016).
906:Hospitality companies of Singapore
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916:Hospitality industry in Singapore
655:Cheok, Jacquelyn (6 March 2018).
276:International Finance Corporation
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785:Singh, Manish (18 August 2019).
409:Russell, Jon (15 January 2016).
524:Tegos, Michael (3 April 2017).
469:Singh, Arti (20 January 2016).
440:Pradhan, Dipen (29 July 2019).
321:RedDoorz Founders and Directors
272:Susquehanna International Group
1:
759:Hamdi, Raini (29 July 2019).
709:"RedDoorz opens for business"
626:Russell, Jon (5 March 2018).
681:Lee, Jamie (20 June 2018).
600:Chan, Samuel (9 May 2017).
333:Amit Saberwal (Co-Founder)
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901:Hotels established in 2015
59:; 9 years ago
911:Hotel chains in Singapore
713:Philippine Daily Inquirer
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283:Qiming Venture Partners
254:Funding and investment
581:. 30 September 2015
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177:Number of employees
108:Number of locations
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661:The Business Times
346:Anurag Srivastava
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835:"RedDoorz|Tracxn"
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530:Tech in Asia
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97:Headquarters
34:Company type
295:Mirae Asset
224:Philippines
118:Area served
48:Hospitality
895:Categories
791:TechCrunch
632:TechCrunch
560:2020-08-31
415:TechCrunch
360:References
341:Directors
244:MakeMyTrip
222:, and the
181:581 (2023)
167:The Lavana
157:Sans Hotel
142:RedPartner
885:Companies
873:Singapore
475:VC Circle
330:Founders
304:Operation
287:MNC Group
240:Indonesia
216:Indonesia
208:Singapore
193:.reddoorz
152:Urbanview
137:RedLiving
101:Singapore
74:Indonesia
845:March 9,
796:10 March
770:10 March
744:10 March
718:10 March
692:10 March
666:10 March
637:10 March
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293:and the
204:RedDoorz
147:KoolKost
133:RedDoorz
80:Founders
44:Industry
20:RedDoorz
859:Portals
819:9 March
585:9 March
535:9 March
506:9 March
480:9 March
451:9 March
420:9 March
389:9 March
236:Jakarta
230:History
220:Vietnam
186:Website
162:Sunnera
70:Jakarta
62: (
54:Founded
38:Private
839:Tracxn
815:. CNBC
739:Forbes
274:, the
127:Brands
765:Skift
206:is a
847:2023
821:2020
798:2020
772:2020
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720:2020
694:2020
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639:2020
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537:2020
508:2020
482:2020
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391:2020
195:.com
64:2015
57:2015
501:e27
264:USD
191:www
87:CEO
68:in
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