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Temasek sells minority stake in Manipal Hospitals to Mubadala, others

Healthcare

05 February, 2024

Temasek sells minority stake in Manipal Hospitals to Mubadala, others

Singapore state investment firm Temasek has cut its stake in Manipal Health Enterprises, less than a year after taking control ......

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Samara Capital in fray to invest in PE-backed contract drugmaker

Healthcare

02 February, 2024

Samara Capital in fray to invest in PE-backed contract drugmaker

Homegrown private equity firm Samara Capital has emerged as one of the frontrunners to invest in a Mumbai-based pharmaceutical development ......

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Morgan Stanley PE, InvAscent in final leg to bet on pharma firm

Healthcare

31 January, 2024

Morgan Stanley PE, InvAscent in final leg to bet on pharma firm

Morgan Stanley Private Equity and Indian healthcare-focused private equity firm InvAscent are in an advanced stage of talks to jointly ......

Jubilant unit makes over five-fold gain by selling stake in US firm

Healthcare

30 January, 2024

Jubilant unit makes over five-fold gain by selling stake in US firm

Jubilant Pharma Ltd, a Singapore-based subsidiary of Mumbai-listed Jubilant Pharmova Ltd, will sell its entire stake in a US company ......

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Kedaara Capital hires former Lakme exec to build consumer healthcare platform

Healthcare

30 January, 2024

Kedaara Capital hires former Lakme exec to build consumer healthcare platform

Mumbai-based private equity major Kedaara Capital has hired a former Lakme executive to build its consumer healthcare platform.  The homegrown PE ......

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CX Partners leads race to invest in infertility treatment firm

Healthcare

29 January, 2024

CX Partners leads race to invest in infertility treatment firm

Indian private equity firm CX Partners, which last added a company to its portfolio more than two years ago, has ......

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Warburg Pincus set to strike its first India bet this year

Healthcare

29 January, 2024

Warburg Pincus set to strike its first India bet this year

US-based private equity giant Warburg Pincus is on track to make its first India investment in 2024, two people aware ......

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VC-backed Redcliffe in talks to raise smaller round, mulls sale of IVF brand

Healthcare

25 January, 2024

VC-backed Redcliffe in talks to raise smaller round, mulls sale of IVF brand

Redcliffe Lifetech Pvt Ltd, which operates diagnostic centres under the Redcliffe Labs banner, is in talks to raise a Series C round of ......

Hillhouse, Vitruvian in race for Everstone's $1 bn health platform Everlife

Healthcare

25 January, 2024

Hillhouse, Vitruvian in race for Everstone's $1 bn health platform Everlife

Global investment firm Hillhouse is emerging as one of the final few bidders for Everlife Holdings in a deal that ......

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Bottomline: Affirma-backed nutraceuticals maker Tirupati's financial see-saw continues

Healthcare

25 January, 2024

Bottomline: Affirma-backed nutraceuticals maker Tirupati's financial see-saw continues

Nutraceuticals maker Tirupati Medicare recorded a hit in operational margin in FY23 after fluctuations last fiscal, even as the company’s ......