MedPlus Health Services Pvt. Ltd plans to raise about $97 million (Rs 700 crore) via an initial public offering (IPO). In another development, Sachin Bansal has invested about $125 million in his venture Navi Technologies. Meanwhile, the government plans to fund more than 250 defence startups.
MedPlus plans $97m IPO
MedPlus Health Services Pvt. Ltd, a pharmacy retail chain, plans to raise about $97 million (Rs 700 crore) via an initial public offering (IPO), PTI reported quoting its promoter Madhukar Gangadi.