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HomeBusinessGeneral Atlantic acquires majority stake in Ujala Cygnus hospital chain

General Atlantic acquires majority stake in Ujala Cygnus hospital chain

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.