Leading In-Vitro Diagnostics (IVD) manufacturer Medsource Ozone Biomedicals Private Limited has raised an undisclosed amount from private equity firm Xponentia Capital Partners (Xponentia).

Economic Laws Practice advised Xponentia. The team included Partner Abhishek Sanyal and Senior Associate Jishnu Dhar and Associate Daryl Menezes.

Pursuant to this fundraise Xponentia holds a minority stake in Medsource.

Medsource is one of India’s largest manufacturers of IVD products supplying specialized products to labs pan-India as well exporting to over 35+ countries.

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