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

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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.

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