<ul><li>The backpacker hostel chain The Hosteller has secured INR 48 crore in funding led by V3 Ventures.</li><li>The funding includes a combination of debt and equity, with a Rs 16 crore debt owed to Blacksoil.</li><li>The funds will be used to expand The Hosteller from 2,500 beds to 10,000 beds in the next 15 to 18 months.</li><li>The Hosteller currently operates in 55+ locations in India and has an online community of 600,000 travelers.</li></ul>

The Hosteller Secures INR 48 Cr Funding Led by V3 Ventures

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