India’s Everstone Group has agreed to acquire a controlling stake in Sahyadri Hospitals, a portfolio company of IDFC Alternatives that operates eight hospitals in Maharashtra, for an undisclosed amount.
Sahyadri was founded in 1994 and currently manages 900 beds across its facilities, with more than 1,000 clinicians and 2,300 supporting staff. According to AVCJ Research, IDFC first invested in the company...
Fosun Group has agreed to invest RMB130 million ($18.4 million) in Pet Doctor, a Chinese one-stop pet services platform that supplies everything from software for pet hospitals to consultations for pet owners.
Japan Post Investment Corporation (JPIC) has backed a $33 million Series C round for Atonarp, a Tokyo-based molecular diagnostics systems developer that uses artificial intelligence (AI).
J.P. Gan (pictured), who spent 12 years with Qiming Venture Partners before striking out on his own earlier this year, has reached a first close of $163 million on his debut China fund.
Xyb2b.com, a B2B platform that helps Chinese e-commerce companies source products from overseas, has completed an extended Series B round of funding worth $100 million.