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Ranjan Pai-backed realty startup MAIA Estates out to raise PE funding

Infrastructure

04 December, 2018

Ranjan Pai-backed realty startup MAIA Estates out to raise PE funding

Realty startup MAIA Estates is on the road to secure fresh funding as it prepares to launch new residential and ......

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Ayushman Bharat: Will Niti Aayog's new PPP model interest healthcare companies?

Healthcare

26 October, 2018

Ayushman Bharat: Will Niti Aayog's new PPP model interest healthcare companies?

Last week, the Niti Aayog suggested a new model to involve private companies in providing healthcare services as part of ......

Manipal Group picks up stake in Cigna TTK to enter insurance sector

Finance

03 September, 2018

Manipal Group picks up stake in Cigna TTK to enter insurance sector

Manipal Group, which operates hospitals and educational institutions, is entering the insurance sector by picking up a stake in Cigna ......

Manipal extends validity of Fortis offer as fate of Munjal-Burman bid in doubt

Healthcare

24 May, 2018

Manipal extends validity of Fortis offer as fate of Munjal-Burman bid in doubt

TPG Capital-backed Manipal Health Enterprises Pvt. Ltd has extended the validity of its revised offer to buy Fortis Healthcare Ltd, ......

TPG-backed Manipal raises the stakes again in Fortis takeover battle

Healthcare

14 May, 2018

TPG-backed Manipal raises the stakes again in Fortis takeover battle

Manipal Hospital Enterprises Pvt. Ltd on Monday revised its offer for Fortis Healthcare Ltd for a fourth time, as the ......

TPG-backed Manipal revises offer for Fortis Hospitals, SRL

Healthcare

10 April, 2018

TPG-backed Manipal revises offer for Fortis Hospitals, SRL

Manipal Hospital Enterprises Pvt. Ltd, backed by private equity firm TPG Capital, has raised its takeover offer for the hospital ......

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M&A of the month: Fortis, Manipal stitch $2.3 bn merger but face valuation woes

Healthcare

30 March, 2018

M&A of the month: Fortis, Manipal stitch $2.3 bn merger but face valuation woes

Refining-to-retail conglomerate Reliance Industries Ltd sealed three merger and acquisition deals in March while a number of other companies fought ......

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Fortis-Manipal merger valuation misunderstood due to deal complexity: Ranjan Pai

Healthcare

30 March, 2018

Fortis-Manipal merger valuation misunderstood due to deal complexity: Ranjan Pai

Manipal Education and Medical Group chairman Ranjan Pai has just struck the biggest deal of his career. The group's hospital ......

Fortis to merge hospital biz with TPG-backed Manipal to create top healthcare firm

Healthcare

28 March, 2018

Fortis to merge hospital biz with TPG-backed Manipal to create top healthcare firm

Fortis Healthcare Ltd said its board has approved selling its hospital business to private equity firm TPG Capital-backed Manipal Health ......

Ranjan Pai's family office leads seed round in diabetes management app Wellthy

TMT

05 March, 2018

Ranjan Pai's family office leads seed round in diabetes management app Wellthy

Mumbai-based Wellthy Therapeutics Pvt Ltd, which operates a mobile-based diabetes management platform, has raised Rs 13.5 crore ($2.1 million) in ......