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Prestige Hospitality Ventures Limited secures INR30bn from CPP Investments to support expansion of its luxury hotel portfolio in India.

PRIVATESep 30, 2026

Amount Raised

₹30 Billion

Round Type

Venture

IndiaHospitalityHotel

Investors

Canada Pension Plan Investment Board

Description

Canada Pension Plan Investment Board is investing INR30bn (€321m) to acquire a 27% stake in Prestige Hospitality Ventures Limited. This capital will support PHVL's expansion across its operating luxury and premium hotel portfolio in India. CPP Investments' investment focuses on India's growing hospitality sector, enhancing Prestige's development capabilities and market understanding. Both parties aim to create a scaled hospitality platform while delivering value for stakeholders.

Company Information

Company

Prestige Hospitality Ventures Limited

Location

India

About

Prestige Hospitality Ventures Limited (PHVL) is a hospitality platform developed by Prestige Estates Projects, focused on expanding its operating luxury and premium hotel portfolio across India. The company aims to build a scaled, high-quality portfolio in gateway cities. It prioritizes creating distinctive experiences for guests and long-term value for stakeholders.

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