IndiaRF picks up majority stake in Ivy Health and Life Sciences for $64m

IndiaRF picks up majority stake in Ivy Health and Life Sciences for $64m

India Resurgence Fund (IndiaRF), an India-focused investment platform promoted by Piramal Enterprises and Bain Capital, has invested Rs 525 crore (about $64 million) in Ivy Health and Life Sciences, marking its first investment in the healthcare segment.

Edited by: Joymitra Rai

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