GIC commits $100m to Vasan Healthcare
Government of Singapore Investment Corp. (GIC) has invested $100 million for a minority stake in Vasan Healthcare, which runs eye care hospitals across India. The transaction is the largest PE deal in the country's healthcare industry since Olympus Capital’s investment in DM Healthcare.
The funds will help the Chennai-based hospital brand expand its pan-India network. Vasan started its first eye care hospital in Trichy 10 years ago and now operates 102 eye centers and 14 dental care centers....
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