Private equity firm Warburg Pincus is setting up a joint venture with Lemon Tree Hotels Ltd that plans to invest as much as Rs 3,000 crore ($426 million) to develop full-service accommodation for students and young working professionals. — VCCircle

AZB & Partners advised Warburg Pincus and Lemon Tree Hotels Limited led by a team of partners Anil Kasturi and Nandita Govind, and associates Ashish Pareek, Anupam Misra, Ananya Thakral and Vanya Chhabra.

2018-12-27

Deal value: $210m / INR 15000m

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