ICICI Venture buys minority stake in KIMS Hospitals for $36M

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Private equity firm ICICI Venture has sealed a deal to acquire a significant minority stake in Hyderabad-headquartered Krishna Institute of Medical Sciences Limited (KIMS) for Rs 220 crore ($36 million), sources told VCCircle.The deal involved fresh infusion of money besides a secondary component where existing investor Quadria Capital has exited ......