Exclusive: Paras Healthcare hires investment bank for first external fundraise

October 27, 2016 | Joseph Rai & Ranjani Raghavan

Gurgaon-based Paras Healthcare has revived its plans to raise capital from private equity firms and hired an investment bank for its first external round of funding as the hospital chain seeks to grow beyond the five hospitals currently spread across northern India, two persons privy to the devel

GSK Velu's Maxvision eye hospital chain hires banker to raise fresh funds

October 21, 2016 | Joseph Rai

Serial entrepreneur GSK Velu-run Maxivision Super Specialty Eye Hospitals has mandated an investment bank to raise about Rs 200 crore (around $30 million), two persons privy to the development told VCCircle.

How much IFC made in Fortis Healthcare part-exit

October 20, 2016 | Joseph Rai

International Finance Corporation (IFC), which has been trimming its stake in Fortis Healthcare Ltd for the past year, has offloaded its entire equity stake in the firm though it remains invested in the hospital chain through convertible bonds.

By 2020, at least 10 diagnostics firms will be listed in India: Thyrocare's Velumani

October 17, 2016 | Joseph Rai

A Velumani, founder and CEO of diagnostic chain Thyrocare Technologies Ltd, which made a blockbuster listing earlier this year, sees the industry getting crowded in the near term. Yet, he is not rattled. Instead, he sees this as a positive sign.

IVFA in race with TPG, Temasek consortium to buy KIMS hospital

October 13, 2016 | Joseph Rai

Home-grown private equity firm India Value Fund Advisors (IVFA) is in the final race with a consortium of global private equity funds TPG Capital and Temasek Holdings Pte Ltd to buy hospital chain Kerala Institute of Medical Sciences or KIMS Group of Hospitals, multiple media reports said citing

How dental chain Clove Dental is scaling up sans institutional funding

October 10, 2016 | Joseph Rai

Delhi-based Star Dental Centre Pvt.

IVF firm Oasis gets investment from India Life Sciences Fund II

October 10, 2016 | Joseph Rai

Oasis Centre for Reproductive Medicine, which runs a chain of in-vitro fertilisation (IVF) centres in South India, said on Monday it has received investment from a healthcare-focused private equity fund India Life Sciences Fund II.

Diagnostics biz can easily sustain 16-18% annual growth in long term: SRL CEO

October 06, 2016 | Joseph Rai

In August, Fortis Healthcare said its board has approved a restructuring plan that would see its diagnostics business being spun out into a separate listed company without going through the process of an initial public offering (IPO).

Exclusive: BCCL's Brand Capital backs health and wellness firm Arth Ayurveda

October 05, 2016 | Joseph Rai

Atreya Resorts for Traditional Healing Pvt.

How a vet-turned-FMCG-manager found his mojo in diagnostics and became worth $25 mn

September 27, 2016 | Joseph Rai

Om Prakash Manchanda studied veterinary science and animal husbandry in college. That’s what everyone seemed to be doing in those days, he says, recalling a period three decades ago. But mid-way through his postgraduate in veterinary medicine, he changed tack and went for an MBA degree instead.



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