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Acquisition

PharmEasy to acquire 66.1% stake in Thyrocare for Rs4,546 cr

API Holdings Ltd (API), the parent co. of India’s Largest Digital Healthcare Brand, (PharmEasy), founded by Dharmil Sheth, Dhaval Shah, Harsh Parekh, Hardik Dedhia and Siddharth Shah, announced the signing of definitive documents to acquire 66.1% stake in Thyrocare Technologies Ltd (Thyrocare) from Dr. A Velumani and affiliates at a price of INR 1,300 per share aggregating to INR […]

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News

Nueclear Healthcare Limited gets Rs. 22 Crores From Norwest Venture Partners (NVP)

Nueclear Healthcare Ltd (NHL), a radiology diagnostics company has entered into a binding agreement to receive INR 22 crores from Norwest Venture Partners (NVP).  NHL is an affiliate of Thyrocare Technologies Limited, which had in 2012 divested a 10 % promoted stake to  NVP for Rs. 120 crore ( approx $22 million). NHL, is aiming […]