Hotel & Resort Chain Beyond Stay to Expand Following Successful Pre-Series A Funding Round

Jul 26, 2023 - 20:21
Jul 26, 2023 - 20:21
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Hotel & Resort Chain Beyond Stay to Expand Following Successful Pre-Series A Funding Round
“Hotel & Resort Chain Beyond Stay to Expand Following Successful Pre-Series A Funding Round”
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Read more on hindustanmetro.com
26 Jul 2023
https://hindustanmetro.com/hotel-resort-chain-beyond-stay-to-expand-following-successful-pre-series-a-funding-round
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Hotel & Resort Chain Beyond Stay to Expand Following Successful Pre-Series A Funding Round

Beyond Stay, India’s only mass premium leisure hotel & resort chain has raised Rs. 1.5 crores at a valuation of $2M in a Pre Series A investment round led by Anant Singhania and a group of High Net Worth Individuals (HNIs) including Atul Joshi of Oyster Capital and other participants. With over 25 hotels and resorts across North, Central and Western India, Beyond Stay has established itself as a leading player in the leisure segment catering to themes such as wildlife, hills and western India. The company has a deep understanding of the modern Indian traveller and offers a unique and unparalleled experience to its customers.

Commenting on the investment, Anant Singhania (CEO, JK Enterprises & Director, JK Organisation) said, “Beyond Stay is your preferred travel partner focusing on wilderness, nature, wellness holidays for the young Indian travellers of tomorrow with engaging holidays filled with adventure, engaging activities and unforgettable experiences. I am excited to have invested in Beyond Stay spearheaded by Dhaval Jani and his able team and wish them my best in all their future endeavours. It is also exciting to hear about their expansion plans from 400 keys to 1000 keys, which will provide even more holiday options and destinations to choose from. I hope their efforts will encourage more people to travel and explore the beauty of India's natural landscapes while also promoting a healthy and active lifestyle. Some of the engaging options they offer could include hiking through scenic trails, camping in remote locations, practising yoga and meditation in peaceful surroundings, wildlife safaris, and cultural immersion experiences.”