Indian Angel Network plans investment in around 150 startups

NEW DELHI: Venture capital consortium Indian Angel Network (IAN) is looking to invest in about 150 start-up firms in coming 4-5 years, a co-founder of the investment group said. “We have made six commitments as of now. In next 4-5 years, we have plans to invest in 100-150 firms,” said IAN co- founder Saurabh Srivastava. He said there is no shortage of funds at IAN and investors are looking at right opportunities. “We have funded in range of half a million to a million. Some has been to the tune of 3…

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How Hotel, Airbnb Rates Compare Around the World

There’s been tons of buzz surrounding the battle betweenhotels and home-sharing services of late, with several studies pitting Airbnb against the hotel industry. But a new study from bus travel booking website Busbud reveals there are pros and cons to each when it comes to pricing. Busbud analyzed approximately 220,000 Airbnb listings and average hotel rates on Hotels.com over the first half of 2015 to examine how hotel and Airbnb rates compare in 22 major cities around the world. The study found that the average Airbnb listing was cheaper than the…

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ASTA Applauds Hilton’s Agent-Inclusive ‘Stop Clicking Around’ Campaign

The American Society of Travel Agents (ASTA) is praising Hilton Worldwide in wake of the company’s new “Stop Clicking Around” campaign, which promises exclusive discounted rates and benefits to HHonors members who book through its own channels, including approved travel agents. “Representatives of ASTA and Hilton have recently held discussions on a variety of industry issues of mutual concern. These discussions have been productive and we are appreciative of Hilton’s willingness to engage with us,” ASTA President and CEO Zane Kerby said in a statement issued Thursday. “Hilton’s recognition of…

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