ah! Ventures
“We wanted to be on the right side of the scale we want to achieve. The sum we raised will have a runway of one year. For the new fundraising plan, we are working with both new external investors as well as the existing ones,” said Radhakrishnan. The company, founded in 2012, received around $300,000 angel funding between 2012 and 2014, before it raised $1 million through ah! Ventures’s investment network, CLUB ah! in February. From current 55-60 room nights a day, the start-up aims to reach 100 room nights a day in the next 9-12 months.
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