Need help?

According to data from SMERGERS, globally it has 584 hotels for sale or investment on its portal. “As of June 8, of 584, 170 listed in the last one year. In India, it’s 281 of which 73 were listed in the last year,” Vishal Devanath, Founder of the company said. About 70 percent of ICRA’s hospitality portfolio applied for a moratorium, said ICRA in a recent report adding that some companies have also resorted to equity fundraising from investors and promoters.

Read the complete article on Business Line

Share this with your network

SMERGERS in Media
SMERGERS on Silicon India
Silicon India names SMERGERS as brand of the year 2015 in Investment Banking Platform Category
SMERGERS on Economic Times
Bangalore-based online marketplace for small and medium businesses matches profiles with algorithms, filters and ratings
SMERGERS on YourStory
Bangalore-based SMERGERS, serving the online financial services market, is a technology platform that connects businesses and investors across the globe
SMERGERS on Mint Asia
Nimit Finance picks 50% stake in Vadodra-based Avity Agrotech
SMERGERS on SME Times
SMERGERS,an SME focused Mergers & Acquisitions firm, assists buyers and sellers of small tomid-market companies
SMERGERS on Entrepreneur India
SMERGERS, an online M&A firm helping buyers and sellers of SMEs, observes that the M&A activity in Indian SMEs is substantially unorganized
SMERGERS on Business Non Stop
Any growing market sees a phase of consolidation and M&As play a major role in this. Egging SMEs ahead on this front is SMERGERS
SMERGERS on Crazy Engineers
SMERGERS helps small family businesses to large established companies by connecting them with strategic partners and financial investors