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Private Equity | 7 February 2012

IDFC To Acquire ICICI Ventures' Stake In Sahyadri Hospitals

by Charmi Gutka
 
@charmi

IDFC's investment arm is set to acquire @ICICI_Venture's stake in @Sahyadri. This deal will value Sahyadri at about R300Cr.

In 2008, ICICI Venture invested $36 Mn through IVEN Medicare, a special purpose vehicle floated by ICICI Ventures to manage its investments in the healthcare sector.

Founded in 1996 by Charudutt Achyut Apte, Sahyadri Hospitals Limited operates chain of hospitals in Mahrashtra.


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