IPO

Orbimed-backed pharma distribution firm Entero plans IPO

Mint  

Entero Healthcare Solutions Pvt Ltd, a PE-backed pharma products distribution platform, has started work on its IPO to raise capital for expanding its operations. It has hired investment banks ICICI Securities Ltd, JM Financial Ltd, Jefferies Group Llc, and Credit Suisse Group AG to work on its draft IPO papers. Entero is backed by healthcare-focused PE investor Orbimed.

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