SAMHI is a newly formed hospitality property company headquartered in Gurgaon focused on the development, acquisition and ownership of select-service, business-class hotels across India. The company has commenced development of properties in Bangalore, Chennai and Gurgaon that will comprise four hotels and 630 keys branded with Courtyard and Fairfield by Marriott and Hyatt Place. It has a pipeline of opportunities in other top Indian markets including Delhi, Mumbai, Hyderabad, Pune and Kolkata. SAMHI recently created a joint venture with Marriott International to develop Marriott-branded properties across the Indian subcontinent and is working with other hotel operators and brands on a selective basis. The company was founded by Ashish Jakhanwala, Manav Thadani and Steve Rushmore and is co-sponsored by GTI Capital Group. Its board will include representatives from Equity International and GTI alongside SAMHI principals.

Total raised

$75M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2011