Kedaara Capital to Invest US$63 Million in Vijaya Diagnostic Centre (Asia)

Source: Mint  |  Author(s): Swaraj Singh Dhanjal

India-focused private equity firm Kedaara Capital has agreed to invest INR4.3 billion (approximately US$63 million) for a minority stake in India-based medical diagnostic chain Vijaya Diagnostic Centre. Vijaya provides diagnostic services spanning radiology, imaging, nuclear medicine, conventional and specialty laboratory services and diagnostic cardiology. The company operates 30 locations in Hyderabad, as well as centers in Kolkata, Bangalore, Gurgaon, Visakhapatnam, Kurnool, Nellore, Warangal and Nizamad.