🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Grapevine: FlyDubai, Titan, ASG Eye, Adhunik Power, Lightstorm, Licious in news
VCCircle
·
5m ago
Medial
Lightstorm Telecom Connectivity has secured new funding, and Adhunik Power & Natural Resources is negotiating to refinance its debt with Edelweiss. Meanwhile, Titan and ASG Eye Hospitals are considering acquisitions. FlyDubai is exploring partnerships to establish a domestic carrier in India. Additionally, Temasek-backed Licious is also mentioned in recent news, although the specific context regarding Licious is not detailed.
View Source
Related News
Grapevine: PE-backed firms eye Sharp Sight; KKR pauses Lighthouse Learning sale
VCCircle
·
12m ago
Medial
The founders of Sharp Sight Eye Hospitals are considering selling a controlling stake, which would allow private equity investor InvAscent to exit the company. Investment bankers have been invited to bid for the opportunity to raise fresh capital and facilitate the exit. This comes as PE-backed eyecare chains ASG Eye Hospital and Eye-Q Vision plan to merge, eyeing potential consolidation in the industry. In other news, KKR has decided to temporarily pause the sale of Lighthouse Learning, a move that may have been influenced by the current market conditions.
View Source
PE-backed ASG Hospital acquires another eye care firm amid M&A push
VCCircle
·
3m ago
Medial
ASG Hospital Pvt Ltd, backed by private equity firms General Atlantic and Kedaara Capital, has acquired a super-specialty eye hospital in Mumbai. This acquisition is ASG's third in two months, indicating a renewed push in mergers and acquisitions after a brief pause. Headquartered in Jodhpur, ASG is expanding its footprint and capabilities in the eye care sector through these strategic acquisitions.
View Source
PE-backed eyecare chain ASG Hospital strikes fourth M&A within three months
VCCircle
·
2m ago
Medial
ASG Hospital Pvt. Ltd, an eyecare chain backed by Kedaara Capital and General Atlantic, has completed its fourth acquisition in three months to expand its presence in India. Based in Jodhpur, Rajasthan, ASG Eye Hospitals has acquired a majority stake in a Thane-based hospital. This strategic move aligns with their ongoing efforts to strengthen their network and offerings in the eyecare sector.
View Source
Grapevine: Titan, Adani Group, Motherson plot M&As; GyanDhan seeks VC funding
VCCircle
·
2m ago
Medial
Indian conglomerates Titan and Adani Group are pursuing major acquisitions, with Titan eyeing Damas International and Adani leading in bidding for Diamond Power Infrastructure. Simultaneously, Motherson Group is set to acquire Marelli Holdings, enhancing its automotive component business. In the education finance sector, GyanDhan is closing in on securing new venture capital funding, which reflects its growth and expansion ambitions. Overall, these developments highlight significant strategic moves in India's business landscape.
View Source
Bottomline: Is PE-backed ASG Hospital's M&A-led growth strategy bearing fruit?
VCCircle
·
1y ago
Medial
ASG Hospital, an eye-care chain backed by private equity firms General Atlantic and Kedaara Capital, is expected to see significant growth in revenue and profit due to its acquisition strategy. The company has made several acquisitions in recent years, which is likely to contribute to its financial performance for the year ending March 2024.
View Source
Kedaara Capital ropes in managing director from healthcare-focused PE firm
VCCircle
·
9m ago
Medial
Private equity firm Kedaara Capital has hired a managing director to lead investments in the pharmaceutical and healthcare sectors. Kedaara, known for its investments in companies like ASG Eye Hospital and Oasis Fertility, has raised India's largest sector-agnostic private equity fund. The addition to the team suggests the firm's focus on expanding its presence in healthcare-related investments.
View Source
Investcorp co-CEO Kapoor on rapid rise in AUM, India experience and more
VCCircle
·
1y ago
Medial
Bahrain-based alternative investor Investcorp has experienced rapid growth in its assets under management (AUM), increasing it five times over the past six years to reach $50 billion. The firm has invested in several Indian companies, including FreshToHome, Citykart, Xpressbees, ASG Eye Hospital, InCred, and Bewakoof. Investcorp is currently raising funds for its India private equity activities.
View Source
Grapevine: Licious in deal to acquire meat store, PE firms eye Novartis India unit
VCCircle
·
9m ago
Medial
Temasek-backed Licious, the popular meat and seafood platform, is set to acquire My Chicken and More, a Bengaluru-based chain of offline stores. The deal, estimated at Rs 150-200 crore, will boost Licious' presence in Bengaluru. It will involve a combination of cash and equity, with additional earnout clauses. In other news, private equity firms are reportedly eyeing the India unit of pharmaceutical company Novartis, indicating investment interest in the sector.
View Source
Grapevine: Ayana Renewable Power, Nebras Power in news
VCCircle
·
9m ago
Medial
Oil and Natural Gas Corp (ONGC) is the leading contender for a renewable power company with backing from NIIF, while Qatar's Nebras Power has paused its acquisition plans for another renewable firm. This news has recently emerged.
View Source
Bottomline: Is PE-backed ASG Hospital's M&A-led growth strategy bearing fruit?
VCCircle
·
1y ago
Medial
ASG Hospital Pvt Ltd, an eye-care chain, is expected to see a significant increase in revenue and profit due to several acquisitions it has made in recent years. Private equity firms General Atlantic and Kedaara Capital are among the investors in the company. The M&A-led growth strategy appears to be paying off for the hospital, with positive financial results projected for the financial year ending in March 2024.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
