Leisure hospitality Startup ‘V Resorts’ raises $10 million in fresh Series A funding

7 April 2019 6:30 PM GMT

New Delhi:�V Resorts, one of India?s leading leisure hospitality start-ups, with over 150 properties spread across 22 states, has announced the raising of�$10 million in Series A funding�to mark their next phase of growth.� The fresh round of investment is led by various HNIs. Existing investors, including Bedrock Ventures and RB Capital, also participated in [?]

Leisure hospitality Startup 'V Resorts' raises $10 million in fresh Series A funding
V Resorts, one of India's leading leisure hospitality start-ups , with over 150 properties spread across 22 states, has announced the raising of $10 million in
Through this investment, the company has plans to expand 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.
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.