Vikram Kamats Hospitality Limited (VKHL), an India-based hospitality company, raised ₹28 Crore in funding.
Backers included Mrinalini Jaisinghani (part of the Polycab Group), Nabs Vriddhii LLP (part of the Sattva Group), The Golden Bird Fund and Green Portfolio fund Management.
The company intends to use the funds to accelerate the expansion of 25 existing VITS Hotels, its mid-market hotel chain known for providing new services and a homely experience for travellers.
Founded in 2007 by Dr. Vikram Kamat, Vikram Kamats Hospitality is focused upon Kamats and VITS Hotels chain, an expanding network of mid-market hotels and resorts across India.
VKHL also holds a majority stake in Vitizen Hotels Ltd., which operates its hotel properties under lease, franchise, and management models.
FinSMEs
15/01/2025