The funding, arranged by KKR Capital Markets and backed by KKR's private credit and insurance platforms, will help the Manipal Group accelerate its long-term growth and expansion plans.
The startup ecosystem saw significant funding activity this week, with companies across HR tech, consumer appliances, electronics manufacturing, real estate, and quick commerce securing fresh capital. Here's a roundup of the biggest deals.
The KKR investment aims to support Baby Memorial Hospital to expand its network across India, enhancing accessible healthcare with organic and inorganic growth strategies.
KKR-backed InCred plans to invest the funds in privately-owned companies across the consumer, financial services, technology and enterprise services sectors at Series B and C stages.
As part of the deal the co-founders of Vini Cosmetics will continue to hold a significant stake in the company and collaborate with KKR in the next phase of its growth