Narayana Health raising around $50M in pre-IPO round from CDC Group

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Devi Shetty-promoted Narayana Hrudayalaya Pvt Ltd is raising around Rs 300 crore (around $47.5 million) from UK-based development finance institution (DFI), CDC Group plc in a pre-IPO round, at least three sources briefed on the matter told VCCircle.“The transaction tied to the IPO will value the healthcare company at around ......