The partnership with GIC is set to accelerate Samhi's growth by reducing debt, boosting profitability, and supporting ...

Singapore's sovereign wealth fund GIC will take 35% stakes in three individual units of SAMHI Hotels for a total investment ...

Singapore's sovereign wealth fund GIC and India's SAMHI Hotels will establish a joint venture to develop upscale hotel assets ...

The funds raised from this partnership will be used to finance capital expenditures, future acquisitions, and reduce leverage ...

Altruist, the modern custodian for RIAs, today announced $152 million in Series F funding led by GIC, a global institutional ...

Singapore’s sovereign wealth fund GIC will partner with SAMHI Hotels to develop upscale and premium hotels in India.

A Singapore sovereign wealth fund led Altruist’s latest investing round, which raised $152 million for the start-up.

Upon closure of this transaction, Samhi Hotels expects a ₹580 crore reduction in debt and upward impact between 15% to 20% to ...

After the transaction closes, the company expects its debt to be reduced by nearly Rs 580 crore. This will have a positive ...

GIC and SAMHI Hotels have forged a strategic partnership to invest in upscale Indian hotels. GIC will acquire a 35% stake in ...

With this, the Singapore fund will pick up a 35% stake in five hotels, of which four are operational and one is under ...