Shalby Hospitals in talks with PE firms to raise up to $39M, eyes acquisitions

Ahmedabad-based multispecialty hospital chain Shalby Ltd is in talks with various private equity players to raise Rs 150-250 crore ($24-39 million) to boost its expansion, a top executive of the company told VCCircle.“We have kept the option of both private equity and debt open to raise capital for our expansion. ......