NewQuest buys secondary position in India hospital chain
Direct secondaries specialist NewQuest Capital Partners has acquired a minority stake in Cloudnine, an India-based hospital chain, by committing primary capital and taking out several existing investors.
Neither the size of the deal nor the identities of the exiting investors were disclosed. Cloudnine – also known as Kids Clinic India – has received several rounds of funding, according to AVCJ Research....
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