Other Private Equity/Strategic Investments
Anderson Diagnostics to raise Rs.250-Cr; Tata Capital looks to part exit
Chennai-based Anderson Diagnostics and Labs is looking to raise Rs.250-Cr through a mix of primary and secondary transactions. Tata Capital Healthcare Fund, which currently holds a minority stake in the company, may offload part of its stake as part of this fundraising round.Founded in 2008, Anderson Diagnostics offers imaging and specialty lab services across oncology, theranostics, clinical genetics, and foetal medicine. Its portfolio includes radiology, pathology, and genetics services.The company plans to use the new funds to expand its processing network across major cities in South India.
In Jun 2022, Anderson Diagnostic Services had attracted about $7 M from Tata Capital Healthcare Fund.
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