ICICI exits Metropolis Healthcare after Warburg Pincus investment
ICICI Venture is to fully divest from India’s Metropolis Healthcare Ltd., following Warburg Pincus’s move to inject $85 million into the laboratories chain.
ICICI Venture first invested INR35 crore ($7.6 million) in 2006 from its India Advantage Fund Series-1. US-based Warburg Pincus will replace ICICI as a key investor, though it did not disclose what its...
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