DMD Advocates Advised Tata Capital Healthcare Fund II On $20M Investment In Harsoria Healthcare

DMD Advocates Advised Tata Capital Healthcare Fund II On $20M Investment In Harsoria Healthcare

DMD Advocates advised Tata Capital Healthcare Fund II, the healthcare-focused private equity fund of Tata Capital, along with other financial investors, in their USD 20 million investment in Harsoria Healthcare Private Limited, a Gurugram-based manufacturer of peripheral venous catheters (PIVC) and other medical consumables.

The investment will enable Harsoria Healthcare to expand its manufacturing capabilities, including the establishment of a new facility and the development of next-generation products such as blood collection needles and pre-filled syringes.

DMD Advocates scope of work encompassed conducting legal due diligence on Harsoria Healthcare Private Limited, as well as drawing up the transaction documentation.

The transaction team at DMD Advocates was led by Lead Partner Vihang Virkar, with Partner Monika Deshmukh, Principal Associate Pooja Shah, and Associates Vanshikha Choraria, Disha Jain, and Parizad Irani.