JSA, Trilegal, SAM lead on Kauvery Hospital 140 crore fund raise from LGT Lightstone
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JSA, Trilegal, SAM lead on Kauvery Hospital 140 crore fund raise from LGT Lightstone

Bar & Bench

Chennai-based Sri Kauvery Medical Care has raised Rs 140 crore equity capital from India-focused impact investment platform LGT Lightstone Aspada.

J. Sagar Associates (JSA) advised Sri Kauvery Medical Care and the team was led by Partners Aarthi Sivanandh and Bhavana Alexander, along with Associates Pavithra Manivannan and Krishna Viswanathan.

Trilegal advised Lightstone Fund S.A. and the team was led by Partner Wiseroy Damodaran.

Shardul Amarchand Mangaldas acted for the existing investor Aral Holdings Private Limited and its promoters (including Dr. Velu) and the team was led by Partner Pramod Murugavel.

The proceeds from this round will be used to deepen Kauvery’s presence in Tamil Nadu and expand its footprint across South India, reported ET.

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