Verlinvest leads race for minority stake in Eye FoundationVerlinvest is poised to acquire a 20% stake in Eye Foundation for approximately $100 million, valuing the Indian eye hospital chain at Rs. ...
27 Nov, 2024, 09.59 AM IST
TA Associates, 2 others offer to buy into Eye FoundationTA Associates, Multiples PE, and KKR have made non-binding offers to invest ₹830 crore for a 25% stake in Eye Foundation, valuing it at ₹3,...
01 Aug, 2024, 09.50 AM IST
Founder Sachdev to retain majority stake in Centre for SightThe Padma Shri awardee, who previously headed the ophthalmology department at All India Institute of Medical Sciences, told ET that he woul...
15 May, 2024, 08.59 AM IST
General Atlantic set to acquire Amar Ujala's hospital chain Cygnus HealthcareGA will acquire about 51% stake held by existing investors - Eight Roads Ventures India, Evolvence India Fund and Somerset Indus Healthcare...
21 Dec, 2023, 11.48 PM IST
Eye care industry at inflection point, boom in M&A activity likelyThe M&A boom could witness the emergence of four or more large players who could collectively own over 2000 eye hospitals in the next five ...
10 Aug, 2023, 11.30 AM IST
ASG Eye Hospitals takes operation control of Vasan Eye CareInvestors of ASG Eye Hospitals include Foundation Holdings, General Atlantic, and Kedaara Capital. The investors would work closely with th...
04 Mar, 2023, 04.23 PM IST
Global Dental Services raises Rs 545-crore in fresh fundingThe investment is expected to fund GDS' expansion to 1,000 clinics in the next five years. Founded in 2011 by Amarinder Singh, the GDS grou...
09 Nov, 2022, 12.29 AM IST
ASG buys 2 eyecare hospitals, says planning to buy 10 moreThe Jaipur, Rajasthan-based pan-India specialty eye chain is lining up around Rs 500 crore, to fund expansion that includes a mix of organi...
28 Oct, 2022, 12.45 AM IST
General Atlantic, Kedaara Capital buy 46% in ASG for Rs 1,500 croreGeneral Atlantic and Kedaara Capital are together buying a 46% stake, which involves both primary and secondary transactions. The two PE fi...
28 Jul, 2022, 12.42 AM IST
General Atlantic and Kedaara Capital invest Rs 1,500 crore in ASG Eye HospitalsGeneral Atlantic and Kedaara Capital will join existing operations-focused healthcare investor Foundation Holdings in supporting and fuelli...
27 Jul, 2022, 10.56 AM IST
GA-Kedaara may pick up 49% in ASG Eye HospitalsThe new investor group is likely to acquire about 49% in ASG for ₹1,180 crore ($150 million), valuing the company at about ₹2,400 crore. Th...
01 Jul, 2022, 05.14 PM IST
Global buyout funds in the fray to buy into ASG Eye HospitalsIn this proposed round, existing investor Investcorp will sell its 15% stake while about ₹700-800 crore will be invested as primary capital...
05 May, 2022, 12.30 AM IST
ASG Eye in talks with PEs to sell 49% stakeA clutch of PE funds such as General Atlantic, Carlyle, Warburg Pincus and domestic fund Kedaara were approached and bids are expected by t...
15 Mar, 2022, 12.53 AM IST
Vasan Eye Care creditors approve ASG's '600-cr bidIn 2017, the NCLT had ordered the commencement of insolvency proceedings against Vasan Eye Care, after it failed to repay debt of more than...
24 Feb, 2022, 01.12 AM IST
Sequoia Capital and IDFC-backed eyecare hospital chain raise Rs 308 croreIn 2012, Sequoia invested $11 million in the company over two tranches and in 2017, IDFC invested Rs 75 crore in the company.
18 Sep, 2019, 08.47 PM IST
ChrysCapital in advanced talks to buy stake in Dr Agarwal's Health CareThe funds will be used to expand the eyecare chain run by publicly traded unit Dr Agarwal’s Eye Hospital Ltd into new geographies.
20 Aug, 2018, 08.34 AM IST
- Deal corner: Sequoia capital invests Rs 50 crore in ASG Eye Hospitals
The Healthcare sector is proving to be a happy hunting ground for venture capitalists in a tough market for dealmaking.
18 Jan, 2013, 05.28 AM IST