Rating agency ICRA on Monday said merger and acquisition (M&A) deals in hospitals jumped by 155 per cent in 2018-19 amounted to Rs 7,615 crore as against transactions worth Rs 2,991 crore done in the previous year...
TPG-backed AHH buys Nova IVI Fertility for $100 mn
Asia Healthcare Holdings (AHH), a healthcare operating platform founded by TPG Growth, has acquired Nova IVI Fertility, India’s second largest network of infertility centres. Asia Healthcare Holdings, the platform...
Nasscom partners with GE healthcare for health-tech innovation
Technology services industry body Nasscom has partnered with GE Healthcare to encourage startups to work on digital healthcare solutions in India. Through its Center of Excellence on internet of things (CoE-IOT)...
China’s Fosun International group in talks to acquire Medall Healthcare
China’s Fosun International group is in talks to buy Chennai-based diagnostics and radiology labs chain Medall Healthcare after a deal between Nasdaq listed Constellation Alpha and the PE-investor-owned healthcare...
Japan’s M3 acquires majority share in Bengaluru-based DailyRounds
Japan-based M3, Inc., an online platform for medical professionals, has acquired a majority stake in Bengaluru-based Neuroglia Health Private Limited (NHPL), a provider of mobile and web-based applications for doctors...
Sixth Sense Ventures invests $3 mn in MyHealthcare
MyHealthcare, a digital integrated healthcare ecosystem said on Monday it has raised $3 million from Sixth Sense Ventures, as part of its ongoing Series A fund raise. MyHealthcare works with hospitals, diagnostics and...
TA Associates invests in Indira IVF
Boston, Massachusetts-based TA Associates has picked up a significant minority stake in infertility treatment provider Indira IVF, the global growth private equity firm said on Monday. Founded in 2014 by Dr. Ajay...
Catalent to buy Paragon Bioservices for $1.2 billion – WSJ
Drug developer Catalent Inc has agreed to buy privately held, gene-therapy focused Paragon Bioservices Inc for $1.2 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. An all...
Fortis puts up RHT stake for sale, three months after acquisition
Fortis Healthcare Ltd is in talks with potential buyers to sell its stake in Singapore-listed Religare Health Trust (RHT), three months after it completed the acquisition of RHT’s assets for ₹4,650 crore. “RHT Health...
Bain, Piramal-led fund offers Panacea a Rs 992 crore bail-out deal
The Bain Capital and Ajay Piramal group-run distressed asset fund India Resurgence Fund Monday said it will invest Rs 992 crore in New Delhi-based pharma player Panacea Biotec NSE 11.77 % which is facing financial...
PE firms eye a majority stake in Bharat Serums
Promoters of Bharat Serums and Vaccines Ltd are in initial talks with private equity (PE) firms to sell a controlling stake for around $500 million, two people aware of the development said. The Daftary family, which...
PE fund Everstone to acquire Pune’s Sahyadri Hospitals
Home-grown private equity fund The Everstone Group will acquire a controlling stake in Sahyadri Hospitals Limited, the largest hospital chain in Maharashtra. The combination of primary and secondary capital outlay is...
