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Brij Hotels Secures $4 Million in Series A Funding

Boutique Hospitality Firm Embarks on Expansion Journey with Backing from MEMG Family Office and Prominent Investors

Startupsmeet by Startupsmeet
April 14, 2024
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Brij Hotels Secures 4 Million in Series A Funding 01

(L to R) Udit and Anant Kumar the co-founders of Brij Hotels and Resorts

Brij Hotels, renowned for its boutique accommodations and commitment to sustainability, has successfully closed a $4 million Series A funding round. The financing, co-led by the Manipal Education & Medical Group (MEMG) Family Office, underscores investor confidence in the company’s vision of redefining luxury hospitality while minimizing its environmental footprint. With participation from notable high-net-worth individuals including Abhay Jain, Abhiroop Jayanthi of Bain Capital, Rajendra Rao, and Prashant Deshpande, the funding infusion positions Brij Hotels for accelerated growth and expansion.

Founded in 1991 by Udit Kumar and Anant Kumar, Brij Hotels has emerged as a beacon of sustainable hospitality, offering guests immersive experiences that prioritize authenticity and eco-consciousness. Central to its ethos is the zero-kilometer concept, which emphasizes sourcing locally to reduce environmental impact while supporting local communities.

Headquartered in Delhi, Brij Hotels operates a diverse portfolio of eight operational hotels strategically located in popular tourist destinations. Leveraging an asset-light model and revenue-sharing agreements with property owners, the company has cultivated a reputation for operational efficiency and financial prudence.

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Commenting on the successful funding round, Udit Kumar, Co-Founder of Brij Hotels, expressed his gratitude to investors and highlighted the company’s unwavering commitment to sustainability. He stated, “We are thrilled to have the support of esteemed investors who share our vision of reimagining hospitality through a lens of sustainability and authenticity. This funding will fuel our growth trajectory and enable us to continue delivering exceptional experiences to our guests while championing environmental stewardship.”

Anant Kumar, Co-Founder of Brij Hotels, echoed similar sentiments, emphasizing the importance of sustainable practices in driving long-term value creation. He remarked, “At Brij Hotels, sustainability is not just a buzzword; it’s ingrained in everything we do. From our procurement practices to our operational strategies, we are dedicated to minimizing our ecological footprint while maximizing the socio-economic benefits for local communities.”

With the Series A funding in place, Brij Hotels is poised to embark on an ambitious expansion journey, capitalizing on its unique blend of luxury, sustainability, and cultural immersion. The company plans to utilize the proceeds to bolster its presence in existing markets and explore opportunities in new geographies.

In an era marked by growing consumer demand for responsible travel and sustainable tourism, Brij Hotels stands at the forefront of a burgeoning movement towards conscious hospitality. By prioritizing environmental stewardship and fostering meaningful connections with guests, the company is not only redefining luxury hospitality but also shaping the future of travel.

As travelers increasingly seek authentic experiences that leave a positive impact on both the planet and local communities, Brij Hotels remains steadfast in its mission to inspire and empower guests to explore the world responsibly. With its recent funding infusion, the company is poised to scale new heights of success while staying true to its ethos of sustainability, authenticity, and excellence.

The Series A funding round marks a significant milestone for Brij Hotels, signaling its readiness to lead the charge towards a more sustainable and inclusive future for the hospitality industry. With the backing of prominent investors and a clear vision for growth, the company is well-positioned to capitalize on emerging opportunities and set new benchmarks in the realm of boutique hospitality.

Tags: Brij HotelshotelIndian StartupIndian StartupsSeries A FundingstartupStartup FundingStartup funding in IndiaStartup In IndiaStartupsstartups in IndiastartupsmeetTech Startup
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