Private Equity PE Fund Investments
Eye hospitals chain ASG raises Rs.1,500-Cr from General Atlantic, Kedaara
Jodhpur-headquartered ASG Eye Hospitals has raised INR 1,500 crore (about USD 187 M) in an investment round led by General Atlantic and Kedaara Capital. The transaction will provide an exit to Investcorp, which had invested in the company in 2017.
ICICI Securities acted as the exclusive financial advisor for the transaction and AZB & Partners, as legal counsel to ASG Eye Hospitals. Khaitan & Co. acted as legal counsel to Foundation Holdings and InvestCorp, Shardul Amarchand Mangaldas & Co as legal counsel to General Atlantic and Veritas Legal as legal counsel to Kedaara Capital.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Between Jan 13 and Mar 20, ASG had raised over USD 69 M from Foundation Holdings, Symphony International Holdings, Sequoia Capital India and others (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)