AZB & Partners represented TPG on the fund raise by Dr Agarwal’s Healthcare Limited
AZB & Partners provided legal assistance to Hyperion Investments Pte. Ltd. (“TPG”) on the fresh fund raise by Dr. Agarwal’s Health Care Ltd from TPG Growth and Temasek. The deal is valued at USD 80 million.
In a Press Release, Dr. Agarwal’s Health Care Ltd. (DAHCL) stated, “The fundraise will provide significant capital to fuel the company’s expansion plans. The company plans to deploy capital to expand the current network of 150+ centres to over 300+ centres in the next 3 years. The company has new projects in development in Mumbai, Punjab, central and northern India, among others.”
The company will also be investing in technological advancements for vision correction such as SMILE, Laser Cataract Surgery and for advanced technologies to treat Vitreo-retinal diseases such as Diabetic Retinopathy and Age-related macular degeneration.
TPG is a leading global alternative asset management firm, founded in San Francisco in 1992.
Headquartered in Singapore, Temasek is a global investment company and has 13 offices in 9 countries around the world.
The team from AZB & Partners comprised of Nandish Vyas and Vasudha Asher (Partners) and Anshuman Bharadwaj (Senior Associate).