Vertex Ventures leads $5m round in India's Hotelogix

Hotelogix, a cloud-based hotel property management solutions provider, said on Monday that it has raised $5 million in a round led by Vertex Ventures. Early investors Accel Partners and Saama Capital also invested in the round.

Hotelogix is an enterprise Saas (software as a service) solution aimed at small- to mid-size resorts and hotels to manage operations like reservations, front desk interactions, housekeeping transactions, accounts, back office and payments.

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