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ReplyDeleteVasan Healthcare plans to raise $ 150 mn to fund expansion
ReplyDeleteSource: The Economic Times
Eye care specialist Vasan Healthcare today said it plans to raise about $ 150 million (around Rs 660 crore) from private equity firms and sovereign funds to finance its expansion, which will see an addition of 45 new opthalmic and 10 dental hospitals this year.
While the company is pumping in about Rs 400 crore on the new eye hospitals, it is investing Rs 150 crore on the new dental hospitals.