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Investcorp signing off from legacy India bet; Bessemer set for dream harvest

Healthcare

15 January, 2024

Investcorp signing off from legacy India bet; Bessemer set for dream harvest

Bahrain-based alternative investment firm Investcorp and Silicon Valley venture capital firm Bessemer Venture Partners have decided to go for a bigger harvest ......

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Indian healthtech in a soup as investors turn cautious on elusive profitability, lack of scale

Healthcare

15 January, 2024

Indian healthtech in a soup as investors turn cautious on elusive profitability, lack of scale

The Indian healthtech sector may be facing a time of reckoning as investment dries up gradually.  As the $6.5 billion sector ......

ADB extends $18 mn debt to Cygnus Medicare for north India expansion

Healthcare

15 January, 2024

ADB extends $18 mn debt to Cygnus Medicare for north India expansion

The Asian Development Bank (ADB) has signed a Rs 150 crore ($18.1 million) cheque in debt financing to Cygnus Medicare ......

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TPG, Singapore sovereign fund GIC to top up India exposure for bolt-on deal

Healthcare

12 January, 2024

TPG, Singapore sovereign fund GIC to top up India exposure for bolt-on deal

Private equity firm TPG and Singapore’s sovereign wealth fund GIC, which were among the most active large institutional investors in ......

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Investcorp, Bessemer to make multifold gains as Medi Assist eyes $1.7 bn tag in IPO

Healthcare

10 January, 2024

Investcorp, Bessemer to make multifold gains as Medi Assist eyes $1.7 bn tag in IPO

Bahrain-based alternative investment firm Investcorp and Silicon Valley venture capital firm Bessemer Venture Partners will generate multibagger returns by selling part of their stakes in ......

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True North presses exit button on one of its single-biggest PE bets

Healthcare

10 January, 2024

True North presses exit button on one of its single-biggest PE bets

Private equity firm True North, which made several monetisation moves in 2023 while also slashing the target corpus of its seventh ......

Eight Roads-backed dental, skincare startup makeO nets $16 mn

Healthcare

09 January, 2024

Eight Roads-backed dental, skincare startup makeO nets $16 mn

AMPA Orthodontics Pvt. Ltd, the company behind dental-care brands makeO and Toothsi and skin-care brand Skinnsi, said Tuesday it has ......

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Bottomline: ChrysCap, SWFs-backed Intas Pharma facing headwinds

Healthcare

05 January, 2024

Bottomline: ChrysCap, SWFs-backed Intas Pharma facing headwinds

Gujarat-based drugmaker Intas Pharmaceuticals Ltd has had a nearly three-decade-long tryst with private equity investors, having raised capital from ICICI ......

Medway Hospitals secures maiden funding from Kyra Ventures

Healthcare

04 January, 2024

Medway Hospitals secures maiden funding from Kyra Ventures

Chennai-based multispecialty hospital chain Medway Hospitals said Thursday it has raised $5 million (Rs 41.6 crore) in its first round of ......

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Kotak's second special situations PE fund bankrolling big-ticket pharma acquisition

Healthcare

03 January, 2024

Kotak's second special situations PE fund bankrolling big-ticket pharma acquisition

Kotak Alternate Asset Managers (previously Kotak Investment Advisors), the alternative investment arm of Kotak Group, which hit a first close of ......