Kotak Mahindra Invests Rs 32 Crore In Lemon Tree Hotels

Kotak 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

Comments

Post new comment

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

Ask An Expert
Name:
Email id:
Story Title:
Story: