Treebo Hotels raises Rs 10 crore from angel investors, including Paytm founder Film actor Alia Bhatt invests in lifestyle retailer Nykaa in secondary transaction

Treebo Hotels on Tuesday said it has raised Rs 10 crore from a group of angel investors including Paytm Founder & CEO Vijay Shekhar Sharma, Rebel Foods Co-founder & CEO Jaydeep Barman and Mozambique Holdings MD Deepak Parayanken. This investment comes close on the heels of the company raising Rs 45 crore recently from existing investors, Treebo Hotels said in a statement.

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Omnichannel lifestyle retailer Nykaa on Tuesday said Hindi film actress Alia Bhatt has made a personal investment in it through a secondary transaction for an undisclosed amount. Nykaa was founded in 2012 by Falguni Nayar, who is married to KKR India head Sanjay Nayar. Nykaa provides a curated range of beauty products for women and since then expanded to fashion and men's wellness and grooming.

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