Top Stories

Matrix Partners to fully exit from hospital chain Cloudnine

Joseph Rai

Kids Clinic India Pvt. Ltd, which operates maternity and infant care chain Cloudnine Hospitals, said on Monday multi-stage venture investor Matrix Partners has decided to sell its entire stake in the company.

IFC to make $47.5 mn debt investment in Granules India


International Finance Corporation, the private-sector arm of the World Bank, is planning to provide $47.5 million (Rs 318 crore) in debt funding to drugmaker Granules India Ltd.

The corporate loan will help the company execute its expansion programme, IFC said in a disclosure note.

Manipal ties up with CDC Group to float $75 mn healthcare fund

Joseph Rai

Manipal Education and Medical Group (Manipal Group), a privately held conglomerate focused on education, healthcare and research, is partnering with UK-based development financial institution CDC Group Plc to float a Rs 500 crore (around $75 million) healthcare fund, according to a media report.

 TA Associates partially exits PIPE portfolio firm with good returns

Joseph Rai

US-based private equity investor TA Associates has logged a partial exit from a publicly listed firm, more than a year after taking out the principal amount during the company's blockbuster initial public offering.