VC Hunt to take 27% stake in Indian hotel chain
Acumen Capital division VC Hunt is set to inject INR32 crore ($7 million) for a 27% stake in an unnamed hotel chain with operations in the coastal territories of Kerala and Goa.
According to local reports, the investment will be made from VC Hunt's Special Opportunity Fund I, which was raised in July with a corpus of $100 million. Once invested, VC Hunt has floated the idea of...
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