Vedanta Wake Up seeks to build a chain of backpacker hostels, in talks to raise $5M

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Blanket Hospitality Ventures Pvt Ltd, which is behind backpacker hostel brand Vedanta Wake Up, is looking to raise up to $5 million for its expansion plans, sources privy to the development told VCCircle.The mandate to raise the fund has been given to Pioneer Investcorp Ltd a month ago and the ......