Della Adventure and Resorts Pvt. Ltd. raises INR 208 crores via NCDs from Nomura

Della Adventure and Resorts Pvt. Ltd. raises INR 208 crores via NCDs from Nomura

The financing was led by Nomura Global Markets managing director Vishal Sharma.

Mumbai: Della Adventure & Resorts Pvt. Ltd., an India-based experiential hospitality brand, is helmed by social entrepreneur chairman & managing director Jimmy Mistry, who is known for his work in the world of experiential design.

It is due to Jimmy Mistry’s countless efforts that Della has been able to raise Rs 208 crores in non-convertible debentures (NCDs). This financing was led by Singapore-based  Nomura Global Markets managing director Vishal Sharma . Della is actively in pursuit of 4-5 transactions of creating Della based theme parks in Northern and Southern regions of India and is aiming to partner with private equity firms.

In 2009, Mistry made his first foray into mainstream hospitality and realized how India lacked a presence in the experiential hospitality and design space. This is why, for the past 12 years, he has focused tirelessly on creating and elevating Della as the experiential hospitality capital of India. Della is a getaway of global standards due to this meticulous conceptualization, and Mistry’s imperious design sensibilities. He has a vision of making Della a listed company in the Indian stock market.

Mistry 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.”