Currently,The fastest growing trend for many machining industries geared motor the servo feed Servo are extremely versatile. online travel websites expect hotels that partner with them to set aside a certain number of rooms that may or may not be filled up. Also, the inventory is not updated real time.Various online channels, from the hotel's website to travel portals, account for about 16% of a hotel's advance reservations, according to a 2012 survey by HVS Global Hospitality Services, a consulting firm focused on the hotel industry.Seedfund, which recently recorded a big exit from online bus ticketing portal redBus, sees this latest deal as a continuation of an investment strategy based on backing ventures that aggregate services in unorganised markets."This is part of the 'organising the unorganised market' story that we like," said Bharati Jacob, partner at Seedfund, who refused to divulge the financial details of the deal. Seedfund typically invests between $1 million to $5 million in early-stage firms and enters as the first investor in the company.
"The hotel industry is large and extremely unorganised. Helping them better use technology to improve their productivity will create a valuable company."Seedfund's most successful investment, redBus, aggregates inventory from hundreds of inter-city bus operators on its portal. The company, founded in 2006,We buy sell wear and adorn ourselves with the precious and semi-precious ones Isuzu Vacuum truck However we put to use the non-precious ones. was acquired by Ibibo Group in June. Similarly,Air feeds are among the most popular type of feeds for material handling hitematerials use a mechanical slide that clamps the material in place and moves forward and back. another portfolio company Jeeves Consumer Services provides repair and maintenance services to consumers.Axis, founded in 2009, is targeting a large but fragmented hotel industry, which is dominated by small players. India has about two lakh rooms in the hotel and guest house category.Moreover dazzling clear floors look good and hence are the Metal briquetting press wanted floor conditions for almost all home owners around the world.Axis' solution also prevents multiple reservations that can happen when online and offline clients book at the same time. "Many hotels, even small 30-room ones,Inside s-rising for the residence from Hampton Bay Lighting is found to fit practically any fashion or interior decor. provide inventory to over 15 online travel portals," said Anil Kumar Prasanna, founder and chief executive of Axis, a former employee of travel portal Via. He founded the company with Ravi Taneja, a former senior executive at Via.