Hospitality Chains Startup V Resorts Raises $10 Mn Series A funding from HNIs
6 April 2019 8:34 AM GMT
Noida-based Bliss Inns, which owns and operates travel solutions and hospitality startup, V Resorts, has raised $10 million in Series A funding led by a clutch of high net-worth individuals (HNIs) and existing investors including Bedrock Ventures and RB Capital. Currently with over 150 properties spread across 22
- Noida-based Bliss Inns, which owns and operates travel solutions and hospitality startup, V Resorts, has raised $10 million in Series A funding led by a clutch of high net-worth individuals (HNIs) and existing investors including Bedrock Ventures and RB Capital.
- Currently with over 150 properties spread across 22 states, V Resorts plans to use the freshly raised capital from in expanding its footprint in India and also enter new markets across South Asia and the Middle-East, with a target of reaching 1000+ properties and 15,000+ rooms in the next three years.
- Aditi had earlier worked with Bedrock Ventures, which is also an investor in V Resorts.
- With the impact created at an individual resort level, the model has a potential of reaching $1 billion in terms of local community impact over the next 10 years.
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