Tribe Stays raises $2.8 Mn led by Artha Venture and Riverwalk

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Hospitality brand Tribe Stays has raised $2.8 million (Rs 24 crore) in a seed round co-led by Artha Venture Fund and Riverwalk Holdings. 

Kunal Khanna, Krishna Jain, and several HNIs and family offices also participated. 

The proceeds will be used to expand its portfolio across its three sub-brands: Tribe Student Accommodation, Tribe Commune, and Tribe Suites.

Tribe Stays operates 650 beds in Pune and plans to add 1,000 more this financial year. The firm aims to scale to 25,000 beds across tier I and tier II cities including Hyderabad, Bengaluru,…



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Tribe Stays raises $2.8 Mn led by Artha Venture and Riverwalk


Hospitality brand Tribe Stays has raised $2.8 million (Rs 24 crore) in a seed round co-led by Artha Venture Fund and Riverwalk Holdings. 

Kunal Khanna, Krishna Jain, and several HNIs and family offices also participated. 

The proceeds will be used to expand its portfolio across its three sub-brands: Tribe Student Accommodation, Tribe Commune, and Tribe Suites.

Tribe Stays operates 650 beds in Pune and plans to add 1,000 more this financial year. The firm aims to scale to 25,000 beds across tier I and tier II cities including Hyderabad, Bengaluru,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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