Kamat Hotels Limited announced that it has received INR 142.97834 million in funding from Purple Clover Tree LLP, Plaza Hotels Pvt., Ltd., Alpha Alternatives Holdings Private Limited

On February 23, 2023, Kamat Hotels (India) Limited closed the transaction. The transaction included participation from Vithal V. Kamat for 589,602 warrants, Yishal V. Kamat for 589,601 warrants, Vidya V. Kamat for 589,601 warrants, Plaza Hotels Pvt., Ltd. for 1,179,203 warrants, Purple Clover Tree LLP for 982,669 warrants, Alpha Alternatives Holdings Private Limited for 982,669 warrants, and Alpha Alternatives Structured Credit Opportunities Fund for 982,669 warrants.