Private equity major General Atlantic is buying a significant majority stake in Ujala Cygnus, a leading healthcare provider in northern India with a network of 21 hospitals serving Tier-II and Tier-III cities. The investment from General Atlantic underscores the strength and resonance of Ujala Cygnus’ mission-driven strategy to expand access to affordable healthcare in underserved regions, says a media statement.
With this, the company’s early investors, Eight Roads Ventures, Somerset Indus Capital, and Evolvence Capital, made a full exit, reaffirming the company’s growth and track record of creating value for shareholders and investors.
With this, the company’s early investors, Eight Roads Ventures, Somerset Indus Capital, and Evolvence Capital, made a full exit, reaffirming the company’s growth and track record of creating value for shareholders and investors.