PE Fund Investments
Anderson Diagnostics raises funding from Tata Capital Healthcare Fund
Tata Capital Healthcare Fund (via its Fund II) has acquired a minority stake in Chennai-headquartered Anderson Diagnostic Services Pvt Ltd. Veda Corporate Advisors was the exclusive financial advisor to the company and its promoters on the transaction. Founded in 2008, Anderson Diagnostics is a player in nuclear medicine and high-end pathology offerings across India. The company has three pathology-cum-radiology centres in Chennai, a network of step-down processing centres across South India and high-end pathology collection network across India. The new funds raised would be used to expand the company's processing network across cities in South India.
From the Venture Intelligence PE-VC Deal Database: The investment was concluded in June 2022. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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