Basic Atlantic acquires majority stake in Ujala Cygnus hospital chain – Instances of India

personal fairness main Basic Atlantic is shopping for a major majority stake in Ujala Cygnus, a number one healthcare supplier in northern india with a community of 21 hospitals serving Tier-II and Tier-III cities, The funding from Basic Atlantic underscores the power and resonance of Ujala Cygnus’ mission-driven technique to broaden entry to inexpensive healthcare in underserved areassays a media assertion.
With this, the corporate’s early traders, Eight Roads VenturesSomerset Indus Capital, and Evolence Capital, made a full exit, reaffirming the corporate’s development and observe file of making worth for shareholders and traders.