Global private equity firms and Indian investment firm Kedaara Capital are vying to acquire a 25% stake in Cloudnine, India's largest maternity and pediatric hospital chain, for approximately ₹10,000 crore ($1 billion). The proposed deal values Cloudnine at $1 billion, with existing investor True North set to exit, and Temasek and TPG Newquest retaining their 52% share.

Ad
Ad