Knowledge Partners

 Basiz Fund Service    Economic Laws Practice    Avalon Consulting  

 Spark Capital    Technloogy Holdings  

October 30, 2013

Deal Alert: Sequoia leads Rs. 100-Cr investment in maternity hospitals chain Cloudnine

Sequoia Capital India has led a Rs 100 crore investment into Bangalore-based company Cloudnine, which runs a network of five specialty maternity care hospitals. Existing investor Matrix Partners India also participated in the round. Cloudnine will use the funds to set up 10 new centres over the next two years. The first one in Chennai will deliver services in maternal, neonatal, gynaecological and infertility care. 

Cloundnine had raised Rs 45 crore from Matrix Partners in 2011.

Source: Economic Times

Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.