Fidelity PE Arm Invests $74M In Indian Health Care Co.

Law360, New York (November 1, 2012, 5:16 PM EDT) -- The Indian private equity arm of Fidelity Investments has invested roughly 4 billion Indian rupees (US$74.4 million) in health care equipment manufacturer and distributor Trivitron Healthcare Pvt. Ltd., Trivitron said Thursday.

The Rs 400 crore investment was made by Fidelity Growth Partners India, officially known as FIL Capital Advisors (India) Pvt. Ltd., a wholly owned subsidiary of Fidelity Investments. The company makes investments in high-growth companies throughout India in a variety of industries.

The investment by FGPI will allow venture capital firms ePlanet Capital and Headland...
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