Spice up your portfolio! VRO Hospitality adds $10 million flavor to its brands

Bengaluru-based VRO Hospitality has successfully secured USD 10 million in a bridge funding round, with leading contributions from Axis Bank and venture capital firm Gruhas. This funding, consisting of a combination of equity and debt, is earmarked for strategic initiatives such as acquisitions and the expansion of its diverse brand portfolio, featuring Mirage, Taki Taki, and Los Cavos.

The capital infusion is slated to support operational enhancements, intensify product development efforts, and solidify VRO Hospitality's standing as a prominent player in the fine dining sector. The primary focus of the funding will be directed towards acquiring new properties and expanding the company's reach, while a portion will be allocated to fortify infrastructure and technology.

VRO Hospitality currently operates establishments in key cities like Bengaluru, Mumbai, Pune, Kolkata, Hyderabad, and others. This injection of funding strategically positions the company for robust growth, facilitating the redefinition of the hospitality experience through innovative approaches and an unwavering commitment to

 News by Rahul Yelligetti