Ascent Capital investing $14.7M in Skanray Technologies

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Private equity firm Ascent Capital is investing up to Rs 100 crore ($14.75 million) in Mysore-based medical device company Skanray Technologies in various tranches, sources privy to the development told VCCircle.Skanray, which manufactures radiology and critical care products, had acquired Larsen & Toubro’s (L&T)’s medical equipment business last year. The ......