Advent may rope in new investor for Bharat Serums with neat valuation markup

Mumbai-based biopharmaceutical company Bharat Serums, controlled by private equity major Advent International, is looking to onboard new investor(s) for a minority stake in the company, at least two people aware of the development told VCCircle. According to one of the individuals mentioned above, Bharat Serums is seeking a valuation of nearly ......