VC firm GVFL harvests good returns with Axio Biosolutions exit

Seven years after investing in Axio Biosolutions Pvt. Ltd, GVFL Ltd has exited the healthcare equipment startup with stellar returns, a top executive of the venture capital firm told VCCircle.“We made a multi-bagger, with seven times return on our investment in Axio Biosolutions,” said GVFL managing director Sanjay Randhar.The venture ......