InvAscent exits Synergia life Sciences with over 11-fold returns after sale to Novozymes

By Ranjani Raghavan

  • 13 Dec 2021
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Credit: Pexels

Healthcare-focussed private equity (PE) firm InvAscent has exited Synergia Life Sciences Pvt Ltd, with over 11-fold returns after the vitamins manufacturer was sold to Denmark-based Novozymes earlier this month.   InvAscent, via its second fund, India Life Sciences Fund II, had invested around $6 million in Synergia in 2015 for around ......

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