Business News | BSG Hospitality Raises Seed Funding Via FDI Led by Avero International

Panaji (Goa) [India], July 19 (ANI/BusinessWire India): Goa-based Hotel Management Company BSG Hospitality Pvt Ltd has raised seed funding via FDI (Foreign Direct Investment) from Avero International Inc.

The funds will be used to grow the hotel portfolio of BSG Hotels & Stays - a unit of BSG Hospitality in Goa and across India. The company aims to raise $5M by end of 2022 to onboard new hotels and consolidate BSG Hotels & Stays as a major player in the presently unorganised hotel segment. Maryville - Tennessee, US-based Avero International Inc. has backed Hotelier and Founder of BSG Hospitality; Bijoy Sengupta to grow the company in the capacity of Founder - CEO and provide travellers standardized accommodation and great value at a great price.

Also Read | Racer-Turned-XXX OnlyFans Porn Star Renee Gracie Reveals Kinkiest Requests Like 'Peeing and Licking Armpits' She Denies Despite Hefty Money Offers on Adult Website! (View Hot Pics & Videos).

Bijoy, a hotelier with over two decades of experience in the hotel industry started BSG Hotels & Stays in October 2021 with its first hotel BSG Absolute Porvorim Regency in North Goa.

This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

Also Read | ISSF Shooting World Cup 2022 Medal Tally: Check Full Medals Table and Country-Wise Standings With Gold, Silver and Bronze Count.

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)