Nova IVF Fertility, the fertility care vertical of Asia Healthcare Holdings, has acquired a majority stake in Kerala-based Craft Fertility Centre Private Limited, at a valuation of $40 million. 

Touchstone Partners advised Nova IVF on this transaction.

The transaction team consisted of Anirudh Agarwala (Partner), Pranjal Doshi (Counsel), Associates Divya Shrivastava, Amisha Agarwal and Neelima Hande. 

Spice Route Legal advised Craft Fertility Centre and its promoters on this transaction.

Nova IVF Fertility is one of the largest fertility service providers in India, offering advanced Assisted Reproductive Technology, on par with global standards.

The acquisition of Craft Fertility Centre marks Nova IVF’s entry into the Kerala market and forms part of its broader strategy to strengthen its presence across South India’s fast-growing IVF segment. Nova IVF plans to launch 10 new IVF centres across Kerala over the next few years.

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