Kotak Mahindra Invests Rs 32 Crore In Lemon Tree Hotels
Thu, 08/31/2006 - 05:17 — Sahad P VKotak Mahindra Realty Fund has invested Rs 32 crore investment in Lemon Tree Hotels, and Rs 2 crore in Red Fox Hotels, the budget hotel company of the same group. Earlier this month, the company had received an investment of Rs 210 crore from private equity firm Warburg Pincus.
Red Fox Hotels got an investment Rs 70 crore investment from Warburg Pincus. [Via NewKerala]
Related:
Lemon Tree And Red Fox Hotels Announce Rs 280 Crore Investment From Warburg Pincus
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