New Delhi: As per the media reports Biorad Medisys Pvt. Limited (“Biorad Medisys”), a leading medical device manufacturer in India, recently completed another round of funding, raising INR 400 crore from Kotak Strategic Situations India Fund II (“KSSF II”) managed by Kotak Alternate Asset Managers Ltd. (KAAML).
Biorad Medisys is a leading medical device manufacturer with products across therapeutic areas like Urology, Orthopedics, Gastroenterology and Neurovascular. The company boasts a solid domestic and international presence, selling products in India, Latin America, Europe, Southeast Asia, and the Middle East. Headquartered in Pune, it has manufacturing operations in Bangalore, among other offices across India, and global offices in Switzerland and UAE.
As per the reports this bolsters Biorad Medisys’ financial standing and marks an exit for their existing investor, DMI Finance Group, which had previously invested in the company. Grant Thornton Bharat was the exclusive financial advisor to Biorad Medisys for the transaction.
#dailyaawaz #newswebsite #news #newsupdate #hindinews #breakingnews #headlines #headline #newsblog #hindisamachar #latestnewsinhindi
Hindi news, हिंदी न्यूज़ , Hindi Samachar, हिंदी समाचार, Latest News in Hindi, Breaking News in Hindi, ताजा ख़बरें
