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GSK VELU
Neuberg Diagnostics plans to raise $100 million to fund acquisitionsNeuberg, which runs a pan-India diagnostic chain, has appointed O3 Capital as the investment banker and is currently in talks with potentia...13 Apr, 2024, 12.16 AM IST- Neuberg Diagnostics completes merger of Supratech, Anand Reference LaboratoryAs a result of the acquisition, the group gross revenue of Neuberg Diagnostics is expected to be over Rs 1,000 crore during the current fin...20 Sep, 2023, 07.24 PM IST
- Quadria Capital plans ₹1.3k cr invesment in Maxivision Eye hospitalFounded in 1996 by renowned ophthalmologist Kasu Prasad Reddy, Maxivision was subsequently acquired by GSK Velu in 2010.Maxivision operates...13 Jul, 2023, 12.49 AM IST
- Maxivision plans to raise $100 millionThe Hyderabad-based company has appointed investment bankers and plans to complete the fund raise process by the end of March 2023. GSK Vel...06 Dec, 2022, 06.19 AM IST
- GSK Velu in talks with investors, PEs & banking firms to buy Metropolis Healthcare stakeMetropolis chief executive Ameera Shah and her family has initiated a formal process to sell part of the promoter stake and is understood t...13 Jun, 2022, 06.11 PM IST
- Neuberg may file IPO papers in H2 of FY23Besides chairman GSK Velu, the other founding members of Neuberg Diagnostics are Anand Diagnostic Laboratory (Bengaluru), Supratech Micropa...07 May, 2022, 07.57 AM IST
- Neuberg Diagnostics expands footprint in North India"At Neuberg, our strategic decisions are governed by our commitment to making state-of-the-art technology and new generation diagnostics ac...02 Dec, 2021, 09.06 PM IST
- First phase of lockdown caused a revenue shortfall of over 44%: Tamil Nadu FICCI ChairmanGSK Velu, Chairman FICCI TN State and Trivitron Healthcare Chairman & Managing Director, said the state has more than 6.89 lakh registered ...16 Aug, 2021, 04.09 PM IST
- Testing efforts hit another hurdle as labs face shortage of VTMsThe latest bottleneck to confront the Indian healthcare system in scaling up molecular diagnostic testing for Covid-19 is shortage of tools...16 Apr, 2020, 09.16 AM IST
- Trivitron, Neuberg may expand to Africa, MideastGSK Velu, founder of both companies, is looking at aggressively acquiring pathology chains and medical equipment makers in these markets th...02 May, 2019, 02.30 PM IST
- Entrepreneur Velu back in diagnosticsThe re-entry puts him in direct competition with his former partner, Ameera Shah.14 Dec, 2017, 02.12 PM IST
- GSK Velu sets up two funds worth $175 millionVelu recently exited the diagnostic chain after selling his 37% stake to leading private equity firm Carlyle for Rs 900 crore.07 Mar, 2016, 04.00 AM IST
- Carlyle may end Metropolis feud with Rs 900 crore stake buyMetropolis s today a multinational chain with more than 125 laboratories, tracking Rs 600-crore revenue annually.02 Jul, 2015, 12.16 PM IST
- Metropolis boardroom becomes a battleground: Warburg Pincus’ stake sale to Shahs irks partner VeluDr GSK Velu has reacted angrily to last week’s transaction between Warburg and the Shah family, which resulted in the Shahs increasing thei...20 Apr, 2015, 04.00 AM IST
- Trivitron Healthcare inks pact with Johari Digital HealthcareTrivitron Healthcare has entered into a partnership with Johari Digital Healthcare to market physiotherapy products for global markets.25 Sep, 2012, 04.18 PM IST
- Metropolis to expand local, global opsMetropolis Health Services is in expansion mode. The Mumbai-based chain of testing laboratories is looking to increase its presence in nort...03 Sep, 2009, 01.22 AM IST
- Trivitron Group to set up Rs 250 cr medical technology parkTrivitron Group of Companies will establishment a Rs 250-cr Medical Technology Park at SIPCOT Industrial Park in Chennai.19 May, 2008, 04.07 PM IST
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