India's KIMS gets USD200 mn investment from True North
30-Mar-17, ET Healthworld
In one of the largest healthcare transactions in India, the Kerala Institute of Medical Sciences (KIMS) will get USD 200 million from True North, a leading private equity fund.
%20ET%20Healthworld.jpg "Indias KIMS gets USD200 mn investment from True North (c) ET Healthworld")
Image: ET Healthworld
"True North will invest over USD 200 million in the KIMS Group. This investment will be... a primary capital infusion to fund the growth plans," a company statement said.
KIMS is a healthcare group providing healthcare services across India and the Middle East. "Together, with a shared value system, we hope to continue our growth and become one of the largest healthcare providers in India and the Middle East in the next 3 to 5 years," KIMS Chairman M I Sahadulla said.