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Healthcare

Discover news, funding updates, regulatory changes, and sector insights impacting the health care industry in India.

KKR to sell 6.6% stake in Max Healthcare Institute for $300 mn

Healthcare

29 September, 2021

KKR to sell 6.6% stake in Max Healthcare Institute for $300 mn

American private equity major KKR is selling a 6.57% stake in Max Healthcare Institute Ltd worth $300 million or Rs ......

Samara-backed stent maker SMT files draft papers for $200 mn initial public offering

Healthcare

28 September, 2021

Samara-backed stent maker SMT files draft papers for $200 mn initial public offering

India's largest cardiac stent maker Sahajanand Medical Technologies Ltd (SMT) has filed draft papers for an initial public...

Sterling Accuris Wellness raises $34 mn from Morgan Stanley PE Asia

Healthcare

27 September, 2021

Sterling Accuris Wellness raises $34 mn from Morgan Stanley PE Asia

Sterling Accuris Wellness Pvt Ltd, a pathology-focused diagnostic lab chain, said it will raise $34 million (Rs 250 crore) from...

Healthcare-focused OrbiMed invests $30 mn in stem cell firm LifeCell

Healthcare

21 September, 2021

Healthcare-focused OrbiMed invests $30 mn in stem cell firm LifeCell

LifeCell International Pvt Ltd, an Indian firm that provides stem-cell banking and reproductive genetic testing, on Tuesday said...

PE-backed Biocon Biologics to offer 15% stake to Serum Institute unit

Healthcare

17 September, 2021

PE-backed Biocon Biologics to offer 15% stake to Serum Institute unit

Biocon Biologics, a unit of drugmaker Biocon Ltd, said late on Thursday it would offer a stake of about 15% ......

Ayu Health, started by Zefo founders, gets funds from Vertex, Stellaris, others

Healthcare

16 September, 2021

Ayu Health, started by Zefo founders, gets funds from Vertex, Stellaris, others

Ayu Health, a chain of hospitals started by founders of Sequoia-backed Zefo, has raised $6.3 million (about Rs 46 crore) ......

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Asian Institute of Gastroenterology ropes in Goldman Sachs to craft Quadria exit

Healthcare

14 September, 2021

Asian Institute of Gastroenterology ropes in Goldman Sachs to craft Quadria exit

Asian Institute of Gastroenterology (AIG) has hired investment bank Goldman Sachs to facilitate a full exit for its private equity...

Market-bound PharmEasy buys Lightrock-backed healthcare supply chain Aknamed

Healthcare

14 September, 2021

Market-bound PharmEasy buys Lightrock-backed healthcare supply chain Aknamed

Epharmacy PharmEasy, which earlier this year bought listed diagnostic firm Thyrocare Technologies in a first for an Indian startup,...

Market-bound PharmEasy parent names 5 independent directors for its board

Healthcare

13 September, 2021

Market-bound PharmEasy parent names 5 independent directors for its board

API Holdings, the parent of India’s largest online pharmacy chain PharmEasy, on Monday said it has appointed 5 independent...

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Quadria Capital-backed Concord Biotech Pvt pivots to IPO, appoints banker

Healthcare

10 September, 2021

Quadria Capital-backed Concord Biotech Pvt pivots to IPO, appoints banker

Quadria Capital-backed Concord Biotech has appointed a merchant bank as it moves a step forward towards raising capital via a...

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