HotelYaari Secures $2.17 Million in Seed Funding from Alios Ventures

• ByStartupStory     |    September 14, 2023

HotelYaari, a platform specializing in fractional ownership of holiday homes and hotel suites, has successfully raised $2.17 million (approximately Rs 18 crore) in seed funding from Alios Ventures. According to the company’s statement, the entire investment will be distributed in three equal installments over the next three quarters.

Founded in May 2023 by Janardan Tiwari, former Founder and CEO of DataTrained, HotelYaari aims to provide an investment opportunity in holiday homes and hotel suites to the middle class. This concept of fractional ownership resembles models like Pacasso in the United States and Kocomo in Mexico, enabling individuals to access such properties cost-effectively, even if they cannot afford to purchase entire properties.

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