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The combined entity is valued at Rs 22,481 crore, positioning it as a leading retail health company in India. The merger aims to deliver substantial industry benefits and a pan-India presence, enhancing access to genuine medicines for 1.4 billion Indians within 24 hours.
Advent shall invest in compulsory convertible instruments over 2 tranches to secure 12.1% stake in the merged entity, by valuing the combined entity at an enterprise value of Rs22,481 crore
By utilizing the latest technological innovations, healthcare providers are able to provide more personalized, targeted care and reduce costs associated with care delivery.
By utilizing the latest technological innovations, healthcare providers are able to provide more personalized, targeted care and reduce costs associated with care delivery
International teams developing the world’s most innovative solutions to extreme energy poverty