Last minute hotel booking startup RoomsTonite shuts down

Bengaluru-based last minute hotel booking startup RoomsTonite has shut down its operations reportedly due to cash crunch and inability to raise new funding. A handful of employees out of the workforce comprising of more than 90 people were absorbed by IDS Next Business Solutions, another firm founded by RoomsTonite Founder Suresh John. RoomsTonite began its operations in early 2015.