Brij Hospitality raises $4-M from MEMG, others

Jaipur-headquartered Brij Hospitality Pvt Ltd , which runs bespoke luxury small hotels, has raised USD 4 million in a Series-A funding round from a clutch of investors including MEMG, the family office of Manipal Group’s promoter Ranjan Pai. The new funds would be used to expand the group’s reach and add new locations.The company was co-founded by siblings Udit Kumar and Anant Kumar whose family founded the Clarks Group of Hotels in 1947.