Norwest backs India hospital, HealthQuad marks 3x exit
Norwest Venture Partners has invested INR 4.5bn (USD 54m) in Indian hospital operator Regency Healthcare, facilitating an exit for HealthQuad, which generated a 3x return.
HealthQuad, a VC affiliate of healthcare private equity firm Quadria Capital, invested just over INR 1bn in Regency since 2017 as part of a consortium alongside the International Finance Corporation (IFC)...
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