ReferIndia News The Hosteller raises Rs 150 crore led by PROMAFT Partners in Series B funding

ReferIndia News

Need a website for your NGO?

Build trust and reach more donors—FreeNGO creates powerful websites tailored for your cause.

Contact Now
News Image

The Hosteller raises Rs 150 crore led by PROMAFT Partners in Series B funding

Published on: April 16, 2026, 9:06 a.m. | Source: The Economic Times

The Hosteller has raised ₹150 crore in a Series B funding round led by PROMAFT Partners and V3 Ventures, with participation from ITI Growth Opportunities Fund, Merisis Wealth Trust and family offices. The company said the round is the largest institutional fundraise by a backpacker hostel chain in India.

Checkout more news
Ad Banner

Looking for free cloud deployment?

Sign up & get $200 free credit for 60 days to launch your first Droplet or GPU server on DigitalOcean 🚀

Signup Now
ReferIndia News contact