Hostel chain The Hosteller has raised ₹150 Cr (around $16 Mn) in its Series B funding round co-led by PROMAFT Partners and V3 Ventures
The round also saw participation from ITI Growth Opportunities Fund, Merisis Wealth Trust, and undisclosed family offices.
The Mumbai-based hostel chain plans to deploy the capital to expand across key travel destinations, strengthen operational capabilities, and brand building.
Hostel chain The Hosteller has raised ₹150 Cr (around $16 Mn) in its Series B funding round co-led by…

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