Public Market IPO
Portea Medical to raise up to Rs.1,000-Cr via IPO
Source Mint (opens in a new tab)
Bengaluru-based Portea Medical Pvt Ltd, India's largest home healthcare provider, plans to raise around INR 900-1,000 crore through an initial public offering, Existing shareholders will sell shares worth INR 700 crore and the company will sell new shares of INR 200 crore.
From the Venture Intelligence PE-VC Deal Database: Between Dec-13 and Nov-17, Portea Medical had raised over USD 70 M from OPIC, Alteria Capital, IFC, Accel India, Sabre Partners, Qualcomm Ventures, Accel India, Accel USA, CDC-MEMG, Ventureast and InnoVen Capital. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)