HotelYaari providing fractional ownership platform raises $2.17M in a seed round

HotelYaari is a Noida-based startup that provides a fractional ownership platform to enable individuals to invest in their own holiday homes and hotel suites by making investments for a part of it, which allows them access at a fraction of the cost, making it an attractive option for those who don't have the resources to purchase an entire holiday home or hotel suite.

The startup is now aiming to reach more users and establish itself as a leading player in the hospitality industry. In this pursuit, HotelYaari has raised $2.17 million in funding, which will be completed in three tranches in the next three quarters by Alios Ventures

“This is a major milestone for the company as it continues to expand its reach and establish itself as a leading player in the hospitality industry. 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 HotelYaari

John Park, advisory head of Alios Ventures, said, "At Alios Ventures, we have full faith in the vision of Janardan and his team to shape the future of holiday accommodations through Fractional Ownership. We believe that HotelYaari will be a catalyst for positive change, providing unprecedented access to holiday homes and hotel suites all over the world."

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