Bengaluru-based hospitality chain VRO Hospitality said it raised $3 million (Rs 22.5 crore) in a mix of equity and debt funding in a Series A round led by CreedCap Asia Advisors, along with other undisclosed angel investors.
Hospitality startup VRO will use the funds to expand to Mumbai, Goa, and Chennai. It will also invest in new projects, technology and team building, and cloud kitchen brands.