022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Banner
DataBoard Demo
Mergers & Acquisitions | 16 April 2012

Vedanta Group's Agnivesh Agarwal Acquires 60% In Primex Healthcare

by Irfan Khan
Vedanta Group's Agnivesh Agarwal Acquires 60% In Primex Healthcare
Share on Social Media Email Facebook Twitter Linkedin
 
@irfan
Vedanta Group's Agnivesh Agarwal has bought a 60% stake in Primex Healthcare that operates health care centres in Chennai. The financial details of the transaction were not disclosed.

These funds will be used to expand it's network of healthcare centres.

Primex Healthcare is led by former Microsoft executive Anand Mahadevan. The company operates diagnostic facilities across Tamil Nadu. It also has 50 centres offering various diagnostic services across Tamil Nadu under its another company Primex Scans and Labs and is aiming to expand presence to other Southern states.

In August'10, it raised aised R5.1Cr from Kalpathi Investments by diluting 45% stake. Kalpathi and the promoter family of Primex Group will now hold 15% each in Primex Healthcare.

IAN Invests In Traffic Monitoring Solutions Provider - Birds Eye Systems

IAN Invests In Traffic Monitoring Solutions Provider - Birds Eye Systems

Indian Angel Network has made an angel investment of R2Cr in Mumbai based intelligent traffic monitoring solutions firm - Birds Eye Systems. IAN investor Members, Rajiv Dadlani and Nitin Agarwal, have joined the Birds Eye Systems Board.

Read More...

UTI Ventures Divests its Shares in Ascent Capital

UTI Ventures Divests its Shares in Ascent Capital

UTI Ventures Funds Management Company Private Limited, the private equity investment subsidiary of UTI Asset Management Co Pvt Ltd, has sold its stake in Ascent Capital Pvt Ltd to the management of the firm, which is headed by Raja Kumar.

Read More...
Subscribe
Enter your Email address
to receive all the news