Private Equity PE-VC Fund Investments
Weight loss-focused Kolors Healthcare raises Rs.215-Cr from Piramal Alternatives
Source Kolors Healthcare (opens in a new tab)Kolors Healthcare (opens in a new tab)Economic Times (opens in a new tab)
Hyderabad-based Kolors Healthcare has raised INR 215 crore from Piramal Alternatives. The investment was made through the firm’s India Credit Opportunities Fund II.Founded in 2004 by Dr. D. Vijaya Krishna, Kolors Healthcare is a provider in the wellness chain industry, primarily operating in South India. It provides non-surgical solutions for weight loss, skin and hair.The company plans to use the capital to support its expansion strategy, which includes opening new clinics, upgrading existing facility infrastructure, and broadening its service offerings.