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August 01, 2016

Ovum gets Rs 33 crore from Norwest, IL&FS Invest: The Economic Times

An ET article quotes Venture Intelligence data on investments in Healthcare space:
The maternity and child care healthcare sector has seen increasing interest from venture capitalists, with close to $100 million dollars invested in the sector in less than a year, according to Venture Intelligence. 
In December last year, maternity care chain Cloudnine Hospital raised an investment of Rs 400 crore from India Value Fund. Cloudnine's early investor Matrix Partners India made a seven times return when it made a partial exit from the company, piquing more interest the space. 
Earlier this month, TPG Growth invested $33 million (Rs 220 crore) in Rhea Healthcare Pvt. Ltd, which runs a chain of mother- and child-care hospitals under the brand Motherhood. 

Trends to Watch out in Healthcare

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