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Exclusive: Vcare in talks for stake sale, hires banker

Chennai-based VCare Group, which runs a trichology clinic chain and sells herbal hair products under an eponymous brand, is in talks for a stake sale, three people familiar with the development told VCCircle. Founded by Carolin Praba Reddy, the VCare Group comprises four-five companies including VCare Herbal Concepts Pvt Ltd and Praba’s VCare Health Clinic Pvt Ltd. Vcare Herbal is the distribution and retail division of the group while Praba’s Vcare Health focuses on hair care and skin-related treatments. Praba’s Vcare Health set up its first hair clinic in 2002 and now has around 16 trichology clinics in Tamil Nadu,...

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Anand Rathi Advisors Ltd. is an investment banking firm. It offer loan syndication, trade finance, structured finance, commercial papers, capital markets and private equity advisory services. The firm also provides financial services and wealth management solutions to institutions, corporations and high net worth individuals. The company was incorporated in 1987 and is based in Mumbai, Maharashtra.