ah! Ventures backs IITians' short-stay hotel booking startup

Bengaluru-based hourly hotel-booking startup MiStay has raised an undisclosed amount of funding from ah! Ventures and other investors in a funding round led by Hyderabad-based former entrepreneur Sumit Nagpal. Founded in 2016 by IIT-Madras alumni Sandeep Jaiswal and Pranav Prabhakar, MiStay raised its first seed round in late 2017. It raised the same from Axilor Ventures and some angel investors.