Quadria carries the Milestone-Religare torch
For Amit Varma, buying Indian GP Milestone Religare was never part of the plan. He left financial services group Religare last year to set up Quadria Capital with Abrar Mir, formerly of NBD Sana Capital. They recently launched a debut fund, targeting of $300 million for healthcare investments in South and Southeast Asia.
While Varma was making preparations for the next phase in his career, Milestone Religare - a 50-50 joint venture between Milestone Capital Advisors and Religare - faced an uncertain future. In 2011, Milestone's...
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