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Company watch: Carlyle-backed Metropolis in pink of health but faces testing times

Healthcare

03 September, 2018

Company watch: Carlyle-backed Metropolis in pink of health but faces testing times

Metropolis Healthcare Ltd has strengthened its operational and financial muscles ever since the founding Shah family gained control of the ......

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Former ICICI Venture exec-led blank-cheque firm to buy PE-backed diagnostics co

Healthcare

03 August, 2018

Former ICICI Venture exec-led blank-cheque firm to buy PE-backed diagnostics co

Nasdaq-listed acquisition vehicle Constellation Alpha Capital Corp., led by former ICICI Venture executive Rajiv Shukla, has struck its first deal, ......

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Pathology chain operator Metropolis ends JV with Sri Lankan partner

Healthcare

15 December, 2017

Pathology chain operator Metropolis ends JV with Sri Lankan partner

Pathology chain operator Metropolis Healthcare has ended its over 10-year-long joint venture with its Sri Lankan partner and has decided ......

GSK Velu's game plan in diagnostics business after Metropolis exit

Healthcare

14 December, 2017

GSK Velu's game plan in diagnostics business after Metropolis exit

Two years after selling his stake in pathology chain Metropolis Healthcare Ltd in an acrimonious battle, healthcare entrepreneur GSK Velu ......

Yet-to-launch health-tech startup Medsmart raises $1 mn

TMT

26 October, 2017

Yet-to-launch health-tech startup Medsmart raises $1 mn

Bangalore-based health-tech startup Medsmart Hospitals Network Pvt Ltd has raised $1 million (Rs 6.5 crore) from IT development and integration ......

Sequoia leads $6 mn round in cancer diagnostics startup OncoStem

TMT

06 September, 2017

Sequoia leads $6 mn round in cancer diagnostics startup OncoStem

OncoStem Diagnostics Pvt. Ltd, which develops prognostic and predictive tests for cancer treatment, has raised $6 million (Rs 38.5 crore) ......

Norwest Venture Partners exits Thyrocare with high returns

Healthcare

28 August, 2017

Norwest Venture Partners exits Thyrocare with high returns

Multi-stage private equity investor Norwest Venture Partners has clocked high returns from its nearly-five-year-old investment in diagnostics firm Thyrocare Technologies ......

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CX Partners clocks high returns from healthcare portfolio firm

Healthcare

12 July, 2017

CX Partners clocks high returns from healthcare portfolio firm

Barely a fortnight after exiting Natco Pharma Ltd with stellar returns, homegrown private equity firm CX Partners has made a ......

Khazanah-backed IHH Healthcare says 'not close to' buying stake in Fortis

Healthcare

23 June, 2017

Khazanah-backed IHH Healthcare says 'not close to' buying stake in Fortis

IHH Healthcare Berhad, which is majority owned by Malaysian sovereign wealth fund Khazanah Nasional Berhad, has said it is nowhere ......

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Diagnostic chain Aarthi Scans looks to get investor on board

Healthcare

07 June, 2017

Diagnostic chain Aarthi Scans looks to get investor on board

Chennai-based diagnostic chain Aarthi Scans Pvt. Ltd is looking to rope in a financial or strategic investor in exchange for ......