Healthcare equipment maker Accumax raises $68-M from Creador, InvAscent

Private Equity firms Creador and India Life Sciences Fund have invested USD 68 million (INR 520 crore) in Ahmedabad-based Accumax Lab Devices, an export-focused manufacturer of laboratory consumables and benchtop equipment. Accumax has six manufacturing facilities across India and Germany, employing 1,500 people to service its customers in more than 120 countries.