India: Suraksha Diagnostics in talks with PE funds to raise $31m for growth capital

India: Suraksha Diagnostics in talks with PE funds to raise $31m for growth capital

This will be the second round of fund-raising for the diagnostic chain, which raised Rs50 crore in Feb 2013. Visual from Suraksha Diagnostics website.

Kolkata-based diagnostic chain Suraksha Diagnostics Pvt. Ltd has begun talks with private equity (PE) funds to raise at least Rs.200 crore for growth capital, said two people aware of the fund-raising plans. The company recently hired a Mumbai-based boutique investment bank for the fund-raising plan.

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