iGenetic Diagnostics raises $20 mn from Manipal Group, CDC

March 01, 2017 | Debjyoti Roy

iGenetic Diagnostics Pvt. Ltd, a healthcare diagnostics firm with a focus on specialised and differentiated tests, has raised Rs 133 crore (around $20 million) from Manipal Education and Medical Group (MEMG) and UK-based development financial institution CDC Group Plc, it said in a statement.

Exclusive: BCCL’s Springboard fund backs cosmetology clinic chain

February 27, 2017 | Joseph Rai

Springboard Ventures, an investment arm of Bennett Coleman & Co Ltd (BCCL), has backed a Mumbai-based head-to-toe cosmetology clinic chain to tap into the growing beauty and wellness segment in India.

Matrix Partners to fully exit from hospital chain Cloudnine

February 20, 2017 | 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.

PremjiInvest logs partial exit from listed portfolio firm

February 15, 2017 | Joseph Rai

PremjiInvest, the private investment arm of Wipro Ltd chairman Azim Premji, has sold part of its stake in a portfolio firm in which it initially put money almost nine years ago.

TA Associates partially exits PIPE portfolio firm with good returns

February 15, 2017 | 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.

How former SRL CEO Sanjeev Vashishta aims to build Mankind's diagnostics biz

February 15, 2017 | Joseph Rai

Pathkind Diagnostics Pvt. Ltd will bet on an organic growth strategy and tap into the rural market to carve a niche for itself and compete against established industry players, a top executive said.

Speciality hospital chain Shalby set to file for IPO

February 09, 2017 | Ankit Doshi

Multi-speciality hospital network Shalby Ltd is in an advanced stage of filing documents with the Securities and Exchange Board of India for its planned initial public offering, two people directly familiar with the development told VCCircle.

How dialysis chain NephroPlus is charting its growth strategy

February 07, 2017 | Joseph Rai

Nephrocare Health Services Pvt. Ltd is rapidly expanding its dialysis network NephroPlus in the country and also plans to establish a presence in overseas markets, a top company executive told VCCircle.

Mankind Pharma picks industry veteran for diagnostics biz float

February 06, 2017 | Joseph Rai

Drugmaker Mankind Pharma Ltd is entering the diagnostics business and has picked a prominent industry veteran to spearhead the venture, two persons privy to the development told VCCircle.

Carlyle-backed diagnostics firm Metropolis acquires Sanjeevani Pathology

February 03, 2017 | Joseph Rai

Diagnostics chain operator Metropolis Healthcare has acquired Gujarat-based Sanjeevani Pathology Laboratory in an all-cash deal as the private equity-backed firm seeks to strengthen its presence in the western region of the country, a company statement said.