PE-VC Fund Investments
WestBridge Capital invests addnl $12-M in Star Health
WestBridge Capital has increased its stake in Chennai-based Star Health and Allied Insurance , investing USD 12 million in the first half of the financial year. WestBridge initially backed Star Health over a decade ago and partially divested during its IPO in 2021 before gradually rebuilding its position.This investment occurred while the private equity firm is also in the process of launching a new general insurance venture named Kiwi, in collaboration with former Tata AIG CEO Neelesh Garg.
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