Health Business

Bain Capital to invest $250 mln in India’s Star Health

Bain Capital may invest $250 million in Star Health & Allied Insurance even as Ola has reportedly raised up to $50 million from New York-based investment firm Tekne Capital Management.


PE firm Bain Cap is looking to buy a minority stake in Star Health & Allied Insurance for $250 million, according to an Economic Times report. The transaction, if successful, will come as a pre-IPO round of funding and will buy out shares held by other financial investors including Sequoia Capital, ICICI Venture, Tata Capital and Oman Insurance Co, the report said. Kotak Mahindra has been appointed to help in raising the funds.

Don't be shellfish...Share on Facebook0Share on Google+0Share on LinkedIn0Share on StumbleUpon0Pin on Pinterest0Tweet about this on Twitter0
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top