Private Equity Liquidity Events
Bessemer exits TPA Medi Assist with Rs.577.84 Cr sale
Growth capital investor Bessemer, via Bessemer India Capital Holdings II Ltd, has sold its entire holding of 11,054,850 equity shares (representing a 15.67% stake) in publicly listed insurance TPA Medi Assist on 12-08-2025 through a bulk deal on the NSE.
Bessemer had invested in Medi Assist between 2011 and 2012. The company went public in Jan 2024, as part of which Bessemer had made a part-exit and made a further sale via the open market in September.