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.