India: IIFL PE invests $70m for minority stake in Kauvery Hospitals

India: IIFL PE invests $70m for minority stake in Kauvery Hospitals

Dr. Manivannan, Founder and Managing Director and Dr. Chandrakumar, Founder and Chairman of Kauvery Hospitals Group

IIFL PE, a private equity fund managed by IIFL Asset Management Limited (IIFL AMC), has invested $70 million for a minority stake in Sri Kauvery Medical Care (India) Limited, which owns the Kauvery Hospitals chain, per an announcement on Thursday.

Edited by: Joymitra Rai

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