International Finance Corporation (IFC) has invested Rs. 450 crore in Apollo Health and Lifestyle Limited. Pursuant to the investment, IFC will acquire a 29% minority stake in Apollo Health..DealIFC invests in Apollo Health and Lifestyle LimitedValue450 croreDeal TypePrivate EquitySectorHealthcareLaw firmsShardul Amarchand Mangaldas – IFC; Cyril Amarchand Mangaldas – Apollo HealthPartners/ HeadsShardul Amarchand Mangaldas – Puja Sondhi; Cyril Amarchand Mangaldas – Nagavalli Gopalakrishna.Shardul Amarchand Mangaldas acted for IFC, with a team led by Partner Puja Sondhi, along with Principal Associates Aayush Kapoor and Sumeet Singh, Senior Associates Sushrut Biswal and Vasundhara Garg, and Associate Anant Mishra..Cyril Amarchand Mangaldas advised Apollo Health through a team led by Partner Nagavalli Gopalakrishna along with Senior Associate Rashi Saraf..Apollo Health is a part of the Apollo Hospitals Group, India’s largest healthcare provider and runs multi-speciality clinics across 17 states. The investment will be used for increasing AHLL’s network of clinics along with cradle and diagnostics centres across the country.
International Finance Corporation (IFC) has invested Rs. 450 crore in Apollo Health and Lifestyle Limited. Pursuant to the investment, IFC will acquire a 29% minority stake in Apollo Health..DealIFC invests in Apollo Health and Lifestyle LimitedValue450 croreDeal TypePrivate EquitySectorHealthcareLaw firmsShardul Amarchand Mangaldas – IFC; Cyril Amarchand Mangaldas – Apollo HealthPartners/ HeadsShardul Amarchand Mangaldas – Puja Sondhi; Cyril Amarchand Mangaldas – Nagavalli Gopalakrishna.Shardul Amarchand Mangaldas acted for IFC, with a team led by Partner Puja Sondhi, along with Principal Associates Aayush Kapoor and Sumeet Singh, Senior Associates Sushrut Biswal and Vasundhara Garg, and Associate Anant Mishra..Cyril Amarchand Mangaldas advised Apollo Health through a team led by Partner Nagavalli Gopalakrishna along with Senior Associate Rashi Saraf..Apollo Health is a part of the Apollo Hospitals Group, India’s largest healthcare provider and runs multi-speciality clinics across 17 states. The investment will be used for increasing AHLL’s network of clinics along with cradle and diagnostics centres across the country.