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

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KIMS Hospitals in advanced stage to buy PE-backed regional hospital chain

Healthcare

11 July, 2019

KIMS Hospitals in advanced stage to buy PE-backed regional hospital chain

Krishna Institute of Medical Sciences (KIMS Hospitals), which struck a deal with General Atlantic after withdrawing its initial...

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Affirma strikes first new India deal after MBO by StanChart PE execs

Healthcare

08 July, 2019

Affirma strikes first new India deal after MBO by StanChart PE execs

Affirma Capital, a private equity firm set up by the former management team of Standard Chartered Private Equity late last ......

Budget 2019: Healthcare sector left wanting more despite sizeable increase in outlay

Economy

05 July, 2019

Budget 2019: Healthcare sector left wanting more despite sizeable increase in outlay

Union finance minister Nirmala Sitharaman on Friday nearly tripled the allocation for India's universal healthcare scheme...

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True North clocks benchmark returns by selling stake in healthcare firm

Healthcare

27 June, 2019

True North clocks benchmark returns by selling stake in healthcare firm

Homegrown private equity firm True North has clocked benchmark returns by selling the bulk of its stake in a healthcare ......

ONGC, French VC firm Seventure Partners invest in biotech startup String Bio

Healthcare

27 June, 2019

ONGC, French VC firm Seventure Partners invest in biotech startup String Bio

Biotechnology company String Bio Pvt. Ltd. has raised an undisclosed sum of money from a clutch of investors including state-owned...

Mahesh Bhupathi's apparel startup gets angel funding

Healthcare

27 June, 2019

Mahesh Bhupathi's apparel startup gets angel funding

Swag Fashions Hub Pvt. Ltd, a celebrity-led apparel and accessories company co-founded by tennis star Mahesh Bhupathi, has raised...

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PE-backed eyewear chain Specsmakers raises bridge funding

Healthcare

27 June, 2019

PE-backed eyewear chain Specsmakers raises bridge funding

Chennai-based eye-care products retail chain Specsmakers Opticians Pvt. Ltd has raised a bridge round of funding, a person familiar...

NCLT approves Dhanuka Laboratories bid to take over Orchid Pharma

Healthcare

26 June, 2019

NCLT approves Dhanuka Laboratories bid to take over Orchid Pharma

The National Company Law Tribunal has cleared a resolution plan submitted by Dhanuka Laboratories Ltd to acquire debt-laden drugmaker...

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OPIC invests in Aspada-backed regional hospital chain

Finance

26 June, 2019

OPIC invests in Aspada-backed regional hospital chain

The Overseas Private Investment Corporation (OPIC), a development finance institution of the US government, is investing in a...

IIFL PE fund buys eye-care chain co-founded by former Vasan exec

Healthcare

24 June, 2019

IIFL PE fund buys eye-care chain co-founded by former Vasan exec

IIFL Asset Management Ltd said on Monday that it has acquired a majority stake in Infigo Life Sciences Pvt. Ltd, ......

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