Havells, Godrej family offices, Samara Capital, form healthcare platform Marengo

Samara Capital, Havells Family Investment Office, and Godrej Family Investment Office have come together to set up Marengo Asia Healthcare, a platform that will run multispecialty hospital chains. The platform will focus on creating clinical partnerships to bring global expertise and enhance patient experience. A team of professionals will manage the platform led by Dr Raajiv Singhal who has over 25 years of global healthcare experience. The platform would commit to deploy sizeable pool of capital in investing and partnering with hospitals in India. Samara, since its inception in 2007, has invested over USD 1.5 billion across multiple investments in companies spanning consumer products and retail, healthcare and pharma, business services and banking & financial services. Its investments in the healthcare sector includes companies such as Thyrocare, AIG Hospital and Sahajanand Medical Technologies.