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V Resorts, a leisure hospitality start-up, has raised $10 million in Series A funding to fund its next phase of growth.
The fresh round of investment is led by various HNIs. Existing investors, including Bedrock Ventures and RB Capital, also participated in the round.
Through this fund raise, the company plans to expand its footprint in India and also enter new markets across South Asia and West Asia with a target of reaching 1,000-plus properties and 15,000-plus rooms in the next three years. V Resorts was founded by ISB Hyderabad alumnus, Aditi Balbir, in 2014.
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