Goyel & Goyal advises The Hosteller on ₹150 crore Series B fundraise

"Goyel & Goyal advised The Hosteller Hospitality Private Limited on a ₹150 crore Series B fundraise led by PROMAFT Partners and V3 Ventures, with participation from ITI Growth Opportunities Fund, Merisis Wealth Trust and family offices. The Hosteller will deploy the capital to accelerate expansion across key travel destinations."

Goyel & Goyal advised The Hosteller Hospitality Private Limited on its ₹150 crore Series B fundraise, assisting the company in securing investment led by PROMAFT Partners and V3 Ventures, with participation from ITI Growth Opportunities Fund, Merisis Wealth Trust and several family offices. The transaction comprised a Series B equity round totaling ₹150 crore. The financing was led by PROMAFT Partners and V3 Ventures, alongside participation from ITI Growth Opportunities Fund, Merisis Wealth Trust and prominent family offices. The Hosteller plans to deploy the fresh capital to accelerate its expansion across key travel destinations. The Hosteller was founded in 2014 by Pranav Dangi and operates over 75 properties across 13 states, having hosted more than 20 lakh unique travellers. Goyel & Goyal represented The Hosteller Hospitality Private Limited with a team composed by: Akshit Goyal (Partner), Avinash Kumar (Senior Associate) and Associates Sanjeevani Mehrotra, Stuti Vajpayi and Raghav Thareja.

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Goyel & Goyal advises The Hosteller on ₹150 crore Series B fundraise

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Goyel & Goyal advises The Hosteller on ₹150 crore Series B fundraise

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