Healthcare

Ambit Pragma Fund II has raised $77Mn for it's second fund from CDC, IFC, Unilever and DEG. The total size of the fund is $150Mn. CDC and IFC anchored the new fund.

Everstone Capital has acquired majority stake in Bangalore based R&R Salons Private Limited, operator of the YLG salon chain.

National Skill Development Corporation is acquiring 27% stake in Apollo Med Skills, a medical training arm of Apollo Hospitals Group for R3.65Cr.

Tano Capital acquired additional stake in Karnataka based Shilpa Medicare Limited for R9.79Cr through bulk deal on exchanges.

Piramal Healthcare Limited is acquiring US based Decision Resources Group, a health information-management company for $635 Mn.

ICICI Venture is planning to acquire stake in New Delhi based Maja Health Care, a division of Vi-John Group.

Manipal Hospitals is planning to raise R500Cr from India Value Fund Advisors by offering a minority stake to fund its expansion plans.

Bangalore based Avesthagen, a life-sciences company is planning to raise $60Mn from Cayman based - Equity Partner Fund. Avesthagen is banking on its biosimilars portfolio for this funding.The company has raised funds to ensure its financial stability. Under the proposed ...

Sequoia Capital is investing R100Cr in Delhi based hospital chain - Moolchand Healthcare for a minority stake. The funds will be used to part finance it's expansion plans.