Amount Raised
₹180 Million
Round Type
Seed
Description
HotelYaari, a fractional ownership platform for holiday homes and hotel suites, has raised $2.17 million (Rs 18 crore) in seed funding from Alios Ventures. The complete investment will be disbursed in three equal tranches in the next three quarters.“The investment will be used to further develop the platform and hire more personnel to cater to the demand for fractional ownership of holiday homes and hotel suites,” said Janardan Tiwari, founder and CEO of the platform.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Digital MarketingVisitNorthwestern UniversityKellogg Post Graduate Certificate in Digital MarketingVisitIndian School of BusinessISB Product ManagementVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitHotelYaari is a tech-driven marketplace for hotel rooms and holiday homes, offering individuals an opportunity to own a suite within a 4 or 5-star hotel and resort by investing as little as Rs 5 lakh.Tiwari, who also founded Bengaluru-based edtech company DataTrained, started HotelYaari in May 2023. The platform allows individuals to invest in their own holiday homes and hotel suites, a concept similar to startups such as Pacasso in the United States and Kocomo in Mexico, which both allow customers to own shares of property without having to actually purchase it outright. The startup allows them access at a fraction of the cost, making it an attractive option for those who don't have the resources or ability to purchase an entire holiday home or hotel suite.Sebi has proposed to regulate all online platforms that offer fractional ownership of real estate assets.Powered ByVideo Player is loading.Play VideoPlaySkip BackwardMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -0:00 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions and subtitles off, selectedAudio TrackPicture-in-PictureFullscreenThis is a modal window.No compatible source was found for this media.Beginning of dialog window
Quick answer
HotelYaari raised ₹180 Million in a Seed round, dated September 14, 2023. HotelYaari is based in Noida, Uttar Pradesh, India.
- How much did HotelYaari raise?
- HotelYaari raised ₹180 Million in a Seed round on September 14, 2023.
- What does HotelYaari do?
- HotelYaari is India's first tech-driven platform for hotel rooms and holiday homes, providing individuals with a unique opportunity to own a suite in a 4 or 5 star hotel or resort.
- Where is HotelYaari based and how big is it?
- HotelYaari is based in Noida, Uttar Pradesh, India.
- Who are the decision-makers at HotelYaari?
- Fundz holds 1 contact at HotelYaari. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Real Estate and Hospitality around the same time
Companies in the same sectors as HotelYaari that raised within 45 days of this round, from Fundz verified event records.
- Your.Rentals raised $2.9M (Seed) on October 23, 2023.
- Habyt raised $42M (Funding Round) on October 4, 2023.
- Numa raised $59M (Funding Round) on September 27, 2023.
- Occuspace raised $3.6M (Seed) on August 24, 2023.
- Homely raised an undisclosed amount on August 10, 2023.
- GoodBytz raised $13M (Funding Round) on October 27, 2023.
Who to call at HotelYaari, and when
A new round usually means HotelYaari is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day HotelYaari raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at HotelYaari, from your own LinkedIn network
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Related People
HotelYaari raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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