In an example of more investments being infused into tier-2 Indian cities, an angel investors club has recently pumped INR 1 crore into Lucknow based student hospitality start-up, Hostello. The company was founded on the idea of providing quality living spaces to students who migrate from smaller towns into bigger cities for better educational opportunities.
Spice Route Legal team, comprising of Mathew Chacko and Ankita Hariramani, advised Hostello throughout the fund raising process.
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