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Private Equity | 21 November 2012

Matrix Partners Acquires Stake In Mewar Orthopaedic

by Paritosh Gajjar
 
@Paritosh
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

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

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China's Hareon Solar Partners Nereus Capital For India Foray

Chinese solar panel maker Hareon Solar Technology Company is partnering US-based, India-focused private equity firm Nereus Capital for foraying into the Indian sub continent as the former seeks to set up 150 MW of solar power plants in India in the next two years.

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