Star Health Insurance promoters too head for the exit door in India
10-Nov-17, Live Mint
Star Health Investments, the promoter of Star Health & Allied Insurance, is looking to exit India’s first and largest standalone health insurance firm, seeking to cash out in the wake of a slew of initial public offerings (IPOs) in the insurance sector.
Image: Mint
Star Health Investments, which owns close to 40% of the insurance firm, joins other investors such as ICICI Venture Fund Management and Sequoia Capital in trying to monetize their investment in Star Health Insurance.