India's Star Health Insurance starts sale plan with USD1 bn price tag
04-Oct-17, ET Healthworld
Star Health & Allied Insurance, the first stand-alone health insurance company in India, has formally kicked off a sale process with an asking price tag of USD900 mn to USD1 bn.
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The decade-old Star Health counts ICICI Venture, Sequoia Capital, Tata Capital Growth Fund, Alpha TC Holdings, Apis Partners, Oman Insurance Company and ETA Star of Dubai as its investors. The company is the largest independent health insurance company.