Grand Continent Hotels raises Rs.12-Cr led by Negen Capital

Bengaluru-based Grand Continent Hotels (GCH) has completed a funding round led by Negen Capital, raising INR 12 crore to fuel its expansion plans. Indorient Financial Services were the advisors to GCH for the fundraise.GCH, established in 2011, currently manages a portfolio of 10 properties with over 450 keys. GCH aims to achieve 750 keys across 16 properties in this fiscal ending March 24.