Hotline: 1800 102 2007
Hotline: 1800 102 2007
Apr, 09 2019

V Resorts raises funding of $10 million to expand its footprint

With this investment, V Resorts is planning to expand its footprint in India and foray into the new markets across South Asia and the Middle-East.

V Resorts raises funding of $10 million to expand its footprint

V Resorts has raised $10 million in Series A funding for marking their next phase of growth. The leisure hospitality start-up has more than 150 properties spread across 22 states.

With this investment, V Resorts is planning to expand its footprint in India and foray into the new markets across South Asia and the Middle-East. The company aims to reach over 1000 properties and 15,000+ rooms in the next three years.

The Series A funding round is led by various HNIs. This round has also seen participation from existing investors, including Bedrock Ventures and RB Capital.

Founded by Aditi Balbir in 2014, V Resorts eyes to invest more on the technology platform, providing customers 360-degree independent travel experience. The startup also looks to build its own SaaS products for the hospitality industry. 

Aditi Balbir, Founder and CEO, V Resorts, said, “Excellence in product delivery can only be developed through training and we plan to strengthen that aspect of our work as well. We shall also broaden our association with local women communities, standing true to our commitment on creating women entrepreneurs at every level.” 

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Ice Creams & Yogurt Parlors
    About Us: In the year 2009, A great tradition of handcrafted..
    Locations looking for expansion Uttar pradesh
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bishrakh Uttar pradesh
  • Quick Service Restaurants
    About : Waffle House bring a standardized international food in the..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Preschools
    About Us: Start your own preschool by becoming Brainy Bear franchisee...Explore..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 10000 - 50000
    Space required 3000 sqft
    Franchise Outlets 100-200
    Franchise Type Unit, Multiunit
    Headquater Bhopal Madhya Pradesh
  • Adventurous Sporting
    About Us : The Sports Gurukul (TSG) is Mumbai’s first of..
    Locations looking for expansion Maharashtra
    Establishment year 2002
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities