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  • DMI Finance acquires 16% stake in Alchemist ARC

    Released on 2nd Apr-2012, The Economic Times

    DMI Finance, an NBFC founded by former Citigroup employees Shivashish Chatterjee and Yuvraj C Singh, has acquired 16% stake in Alchemist Asset Reconstruction Company.

    The financial services firm has been valued at 200 crore, according to industry executives familiar with the development.

  • DealCurry Svenska Hotels Raises Rs30 Cr Mezzanine Funding From DMI Finance

    Released on 18th Oct-2011, VCCircle

    Svenska Design Hotels has raised Rs30Cr mezzanine funding from DMI Finance for setting up hotels in Tier 2 & 3 cities.

    Langham Capital acted as the exclusive financial advisor to Svenska Design Hotels on this transaction. Sweden based - Swenska Hotels develops and manages small format(30-100 rooms) luxury hotels. It opened its first hotel - Swenska Mumbai in December 2010. It currently operates two hotels in India.

  • DMI Finance Private Limited hires Corporate Credit specialist from EY

    Released on 9th Sep-2011,

    Vivek Gupta has joined DMI Finance Private Limited as VP, Corporate Credit. At DMI he reports directly to Jt. Managing Directors, Shi vashish Chatterjee and Yuvraja C. Singh.

    New Delhi, Delhi, November 9, 2011 /India PRwire/ -- Mr. Gupta will focus primarily on evaluating the creditworthiness of the companies that approach DMI for loans. Prior to joining DMI, he was in the Transaction Advisory Services of Ernst & Young where he worked extensively with real estate firms and PPP projects.

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