Kedaara Capital has made a strategic investment of $200 million in Tynor Orthotics Private Limited, acquiring a majority stake in Tynor.
Trilegal advised Tynor, its promoters, professional management team, as well as existing stakeholder Lighthouse Funds in relation to this transaction.
The transaction was led by Amit Khansaheb (Partner), Vishruta Kaul (Partner) and Pratyush Singh (Partner), with support from Aayush Sood (Counsel), Advaye Sawhny (Senior Associate), Neha Koppu (Senior Associate), Associates Mukund Agarwal, Akshat Jain and Rohan Tolani.
Rahul Arora (Partner), Yashasvi Gupta (Senior Associate) and Shivek Jhanda (Consultant) advised on real estate law aspects..
Quillon Partners advised Kedaara Capital on this investment.
The transaction team was led by Ankit Majmudar (Partner) and Shriti Shah (Partner).
Founded in 1993, Tynor specialises in orthopaedic supports, mobility aids, rehabilitation and sports performance enhancement solutions with an extensive reach spanning over 300,000 retail outlets and 8,000 hospitals across 60 countries.
Kedaara will work closely with the promoters, Dr. P.J. Singh and Mr. A.J. Singh, to deepen the brand’s reach across India, expand its presence in international markets, and invest in world-class, efficient manufacturing.
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