Tata Capital Healthcare Fund I has invested in Ahmedabad-based pharmaceuticals firm Marck Biosciences. Cipher Capital was the advisor to the deal. Sanjay Chaudhary of Tata Capital has joined the Marck board.
From the Venture Intelligence PE Deal database: Existing investors in Marck include IFCI Ventures, which had invested $2.5 M in Aug-08, $0.5 in Mar-09 and $1-M in Oct-10.
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