Vikram Kamats Hospitality Limited (VKHL), (formerly known as Vidli Restaurants Limited), has successfully raised ₹28 crore through a preferential allotment. Kamats is leader in Pure Veg South Indian Premium chain & VITS is in midmarket hotels Segment.

The total amount of ₹28 crore was secured from a mix of renowned investors, including Mrinalini Jaisinghani (part of the Polycab Group), Nabs Vriddhii LLP (part of the Sattva Group), The Golden Bird Fund, a notable foreign portfolio investor, and Green Portfolio fund Management.

This strategic fundraising initiative aims to fuel the expansion of 25 existing VITS Hotels, VKHL’s mid-market hotel chain known for providing exceptional service and a homely experience for travellers. With over 25 properties across India, VITS Hotels has become synonymous with premium comfort hospitality, attracting both leisure and business travelers.

Expressing his gratitude and excitement, Dr. Vikram Kamat, Managing Director of Vikram Kamats Hospitality Limited, said, “Since 2016 we have given excellent return to investors despite ups and downs by focusing on an excellent profitable business and expansion. This is proof of continued trust of marquee investor and family offices in us. We will continue of assets right growth strategy by adding new VITS Hotels and Kamats Restaurants in PAN India.

Founded in 2007 by Dr. Vikram Kamat, Vikram Kamats Hospitality Limited is the flagship company of the VITSKAMATS Group, a diversified hospitality chain listed on the Bombay Stock Exchange (BSE ID: KAMATS & BSE Code: 539659). While VKHL focuses primarily on the Kamats Restaurant and Vits Hotels business and its subsidiary Vitizen Hotels Ltd., operates the hotel vertical under lease, franchise, and management models.

With this latest funding, VKHL is poised to unlock new opportunities and redefine mid-market hospitality in India, while continuing its emphasis to quality, innovation, and customer satisfaction.