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CLOUDNINE HOSPITALS
PE wars to billion-dollar IPO dreams, hospital sector is fighting fitMajor private equity firms are vying for a stake in Cloudnine, a leading maternity and paediatric care chain. This intense competition high...- Warburg, KKR, TPG among PE giants vying for 25% stake in CloudnineGlobal private equity giants, including Warburg Pincus and KKR, are vying for a 25% stake in India's largest maternity and pediatric hospit...
- Cloudnine to acquire Apollo’s maternity chain CradleCloudnine Hospitals is set to acquire Apollo Cradle and Apollo Fertility. This strategic move will create India's largest maternity and chi...
- Temasek, TPG look to admit more investors to CloudnineTemasek and TPG Newquest are on the hunt for new financial partners for Cloudnine Hospitals, a premier name in mother and child healthcare....
- Cloudnine Hospitals leads race to acquire Apollo CradleCloudnine Hospitals is stepping into a pivotal role in the maternity and pediatric care sphere, as it engages in advanced discussions to ac...
- Apollo Hospitals plans to sell maternity care armApollo Hospitals Enterprises is planning to divest its maternity and infant care chain, Apollo Cradle and Children's Hospital (ACCHL). Alle...
- SeaLink, promoter plan to sell majority stake in Surya HospitalPrivate equity firm SeaLink Capital Partners and the Surya Children's Medicare promoter plan to sell their stakes in western India's larges...
- Temasek in talks to buy into hospital chain CloudnineTrue North (erstwhile India Value Fund Advisors or IVFA) is the largest shareholder in Cloudnine with about 36% stake, while other investor...
- Cloudnine Hospital chain plans Rs 1,200-cr IPOLikely to sell 30% stake; True North, Sequoia will dilute part stake.
- Three hospital chains to raise up to Rs 6,300 crore via IPOsWhile Cloudnine may be raising Rs 2,500-3,500 crore, Medanta is looking to mop up about Rs 2,000 crore and the Park Group of Hospitals is t...
- Cloudnine Group leases 27,000 sq ft in Delhi’s Punjabi BaghThe COVID19 pandemic has increased the demand for healthcare facilities and property consultants are now helping hospitals to finalise loca...
- Realty hot spot series: A well-connected upscale area in PuneThis week ET Wealth realty hot spot series takes a look at an upscale, well-connected locality in Pune. The area is near to key office hubs...
- ConnectedH raises undisclosed amount in seed funding from First Cheque PointOne Capital, othersThe fund will be used to expand the brand’s geographical presence and integrate it deeper into the diagnostics ecosystem.
- Asia Healthcare in talks to buy Cloudnine stakeA potential deal may involve the complete exit of Cloudnine’s early backers Sequoia Capital and Matrix Partners, which together hold an est...
- Cloudnine Hospitals appoints Raviganesh Venkataraman as CEOAkash Malik, outgoing CEO has been with the Group for six years and is keen to pursue entrepreneurial opportunities beyond healthcare.
- Matrix Partners India looking to exit Cloudnine Group of HospitalsMatrix had backed Cloudnine in its early growth strategy in 2011, an investment funded through their first fund and had also re-invested in...
- Ovum gets Rs 33 crore from Norwest, IL&FS InvestOvum plans to use the money to expand to three more hospitals in and around Bengaluru in the next 18 months, CEO Dr Adarsh Somashekhar said.
- Cloudnine Hospital gets Rs 400 crore as IVFA buys minority stakeThe funds raised will be used to set up 10-12 hospitals, evaluate strategic collaborations with top medical professionals or buy-over exist...
- Sequoia Cap leads Rs 100-crore investment in CloudnineVenture capital firm Sequoia Capital has led a Rs 100-crore investment into Bangalore-based company Cloudnine, which runs a network of five...
- Lessons from 50 start-ups: Cloudnine, a hospital which provides quality maternity careSeeing unhygienic govt hospitals and poorly-run private nursing centres, Kumar and his team of three co-founders decided to focus on provid...
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