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Private Equity | 21 November 2012

Matrix Partners Acquires Stake In Mewar Orthopaedic

by Paritosh Gajjar
Matrix Partners Acquires Stake In Mewar Orthopaedic
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Matrix Partners India has picked up a minority stake in Mewar Orthopaedic Hospitals for an undisclosed amount in the first institutional investment round.

ET states that the PE firm bought around 20% stake for approx. R30 Cr.

The funds will be used for setting up of 100-bed center of excellence in Udaipur and increase spread across Sirohi, Mandsaur and Chittorgarh.

One97 Mobility Fund Invests In MobiSwipe

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One97 Mobilty Fund has invested undisclosed amount in MobiSwipe Technologies, a mobile PoS provider.

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Education eCommerce Startup Fastudent raises Pre-Series A

Education eCommerce Startup Fastudent raises Pre-Series A

Fastudent, a B2B2C education e-commerce marketplace has announced a Pre-Series A fund raise from a group of investors including Kanwaljit Singh Fireside Ventures, Ajay Lakhotia former Vertex Venture Director and Pavan Ongole former SoftBank Director. Ashish Gupta, Trustee Ashoka University and former COO of eValueServe who invested in angel round also participated.

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