Kotak's Strategic Situations fund injects $48m in Biorad Medisys amid rising medical device deals

Kotak's Strategic Situations fund injects $48m in Biorad Medisys amid rising medical device deals

Photo by Alexey Demidov on Unsplash

Kotak Investment Advisors Limited (KIAL), the alternative assets arm of Kotak Mahindra Group, on Tuesday said it has invested up to Rs 400 crore ($47.9 million) in medical device manufacturer Biorad Medisys, through its Strategic Situations India Fund II.

Edited by: Deepshikha Monga

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