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Saturday, December 21, 2024

Della Adventure & Resorts Pvt Ltd raises INR 208 Cr via NCDs from Nomura

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Della Adventure and Resorts Pvt. Ltd. is a prominent hospitality brand in India that is committed to providing experiential stays and immersive activities to its guests. The company is led by Jimmy Mistry, a renowned social entrepreneur, who has played an instrumental role in shaping the brand’s vision and strategy.

Under Mistry’s leadership, Della Adventure and Resorts Pvt. Ltd. has established itself as a leading player in the hospitality industry. The brand has raised INR 208 crore in non-convertible debentures (NCDs), which is a testament to its strong financial standing and robust growth potential. The financing was led by Vishal Sharma, managing director at Nomura Global Markets, a Singapore-based investment bank.

Jimmy Mistry, Chairman and Managing Director, Della, said, “The proof of concept is operational for the last 12 years and we are finally ready to expand and engage with the right-minded private equity partners who understand and are equally excited with this zone of experiential hospitality that we have nurtured and built using design thinking to the country and across. In my opinion, people are only looking for experiences and hence according to me the future of hospitality remains experiential and there is a bright way forward for brands that understand the pearls of experiential hospitality”

Currently, Della is focused on creating 4-5 theme parks in the Northern and Southern regions of India, as it aims to expand its reach and cater to a larger audience. The brand is also seeking partnerships with private equity firms to bolster its growth prospects.

Over the last decade and a half, Della has made significant investments in its infrastructure and services, which has helped it establish a strong foothold in the market. The brand has emerged as a preferred host for MICE (Meetings, Incentives, Conferences, and Exhibitions) and destination weddings, owing to its world-class facilities and exceptional services.

Additionally, Della is a pioneer in adventure tourism and offers a range of adrenaline-pumping activities to its guests, such as bungee jumping, zorbing, and rappelling. The brand has also expanded its offerings to cater to families and day guests, with activities and opportunities for everyone across the hospitality spectrum.

SnackTeam
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