The Hosteller, a backpacker lodging chains startup, has raised $1 million in its pre-Series A round drove by FAO Ventures and CA Holding LLP. SUNiCON Ventures, Shubhkam Ventures, Jito Angel organization and FAAD Network have also participated.
According to the New Delhi-based startup, the assets will be utilized to ramp up its number of inns from 12 inns to 50. The brand further tries to raise $10…
