Vasan Healthcare has raised $50 million (Rs 300 crore) from its existing investors Government of Singapore Investment Corporation (GIC), Sequoia Capital, and WestBridge Capital..This values the chain at over $600 million (Rs. 3,600 crore), reports ToI..Amarchand Mangaldas acted for Vasan Healthcare with a team led by Partner Arjun Lall..Samvad Partners acted for GIC with a team led by Partner Vineetha MG along with Senior Associate Apurva Jayant and Associate Anirudh Srinivas..GIC had invested $100 million in Vasan healthcare almost two years ago, while Sequoia and WestBridge had together put in $50 million across three rounds of funding..The $50 million of fresh funds will be used for expanding the reach of the chain as the group looks to diversify into other areas of healthcare, according to ToI.
Vasan Healthcare has raised $50 million (Rs 300 crore) from its existing investors Government of Singapore Investment Corporation (GIC), Sequoia Capital, and WestBridge Capital..This values the chain at over $600 million (Rs. 3,600 crore), reports ToI..Amarchand Mangaldas acted for Vasan Healthcare with a team led by Partner Arjun Lall..Samvad Partners acted for GIC with a team led by Partner Vineetha MG along with Senior Associate Apurva Jayant and Associate Anirudh Srinivas..GIC had invested $100 million in Vasan healthcare almost two years ago, while Sequoia and WestBridge had together put in $50 million across three rounds of funding..The $50 million of fresh funds will be used for expanding the reach of the chain as the group looks to diversify into other areas of healthcare, according to ToI.
