Private Equity Liquidity Events
Japan's HLM acquires home healthcare startup Care24
Japan-based Human Life Management (HLM) has acquired a 100% stake in Mumbai-based Care24, a home healthcare platform. HLM has been a prime investor in Care24 for the past two years.
Post deal, HLM and Care24 will work together to scale medical service offerings in India and additionally expand to Thailand, Vietnam and Indonesia.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Between Oct-15 and Sep-19, Care24 raised $5.8 M from Dream Incubator, India Quotient, Elevation Capital, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)