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Wednesday, September 26, 2012 - 13:18 IST
Norwest Venture Partners buying 10% stake in Thyrocare for $22M
BY Madhav A Chanchani
Third investment by Norwest in the healthcare space in India; promoters are selling the stake to fund Thyrocare Group’s new business.
Norwest Venture Partners said that it would invest Rs 120 crore or $22 million in Mumbai-based Thyrocare Technologies Ltd in a secondary transaction. Norwest is acquiring 10 per cent stake from the promoters of the medical diagnostics services...
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