The Hive Hostels raised Rs 11.5 crore in post-IPO funding led by Shriram Madhav Nene and others to develop a luxury extension for student residences.
Amount Raised
₹115 Million
Round Type
Seed
MumbaiReal EstateHospitalityLeisureHotelInvestors
Description
Luxury student housing company The Hive Hostels has raised Rs 11.5 crore in a pre-IPO funding round. The funds will be used for the development of Aurus, a luxury extension designed to offer exclusive and high-end student residences.
Quick answer
The Hive Hostels raised ₹115 Million in a Seed round, dated August 28, 2024. Investors: Aman Maheshwari, Rohit Kothari, Sahil Vachani, Anmol Sood and Shriram Madhav Nene. The Hive Hostels is based in Mumbai, Maharashtra, India.
- How much did The Hive Hostels raise?
- The Hive Hostels raised ₹115 Million in a Seed round on August 28, 2024.
- Who invested in The Hive Hostels?
- Aman Maheshwari, Rohit Kothari, Sahil Vachani, Anmol Sood and Shriram Madhav Nene are named as investors in this round.
- What does The Hive Hostels do?
- The Hive Hostels is a luxury student housing company operating in over 10 cities across India.
- Where is The Hive Hostels based and how big is it?
- The Hive Hostels is based in Mumbai, Maharashtra, India. Fundz records about 70 employees.
- Who are the decision-makers at The Hive Hostels?
- Fundz holds 1 contact at The Hive Hostels. 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 The Hive Hostels that raised within 45 days of this round, from Fundz verified event records.
- SKYX Platforms raised $11M on October 4, 2024.
- Open Road Resorts raised an undisclosed amount (Corporate Round) on September 5, 2024.
- The Hosteller raised $4M (Series A) on September 4, 2024.
- Midas Hospitality raised $4.9M on July 26, 2024.
- Holiday Tribe raised $643K (Seed) on October 4, 2024.
- Hotelverse raised $5.5M (Series A) on October 1, 2024.
Who to call at The Hive Hostels, and when
A new round usually means The Hive Hostels is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day The Hive Hostels raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at The Hive Hostels, from your own LinkedIn network
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Related People
The Hive Hostels 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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