Date:30/5/11,
Private Equity Fund,
India Venture Advisors Pvt Ltd , founded by Ajay Piramal and AK Purwar to focus on healthcare and life sciences segment, is set to launch yet another healthcare-focused fund by September. It plans to raise INR 5 billion via new fund.
India Venture Advisors Pvt Ltd, founded in 2007 has a corpus of $200 million (INR 9 billion) and investes $11 million in C&C Construction last year and $18.4 million in Kavery Medical Centre (KMC) and Hospital, Trichy in 2009.
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