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Goldman, NEA to invest $54 mn in Indian healthcare firm

FP Archives December 20, 2014, 11:12:07 IST

The private equity arm of US banking giant Goldman Sachs and American venture capital fund New Enterprise Associates (NEA) have jointly invested about $54 million in Indian healthcare firm.

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Goldman, NEA to invest $54 mn in Indian healthcare firm

The private equity arm of US banking giant Goldman Sachs and American venture capital fund New Enterprise Associates (NEA) have jointly invested about $54 million in Indian healthcare firm, the companies said in a joint statement.

[caption id=“attachment_416045” align=“alignleft” width=“380”] Goldman Sachs has deployed more than $2 billion in India since 2006. Reuters[/caption]

The investment for a minority stake in Nova Medical Centers would be used to further expand the Indian company’s specialty surgery and fertility businesses, the statement said.

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Goldman Sachs has deployed more than $2 billion in India since 2006.

Reuters

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