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Announced

Completed

The Fundamentum Partnership led a $27m Series B funding round in Ayu Health.

Financials

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Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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India

Private Equity

Private

Cross Border

Health Care Facilities

Completed

Minority

Friendly

Acquisition

hospitals & clinics

Venture Capital

Synopsis

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The Fundamentum Partnership, an early growth stage fund, led a $27m Series B funding round in Ayu Health, a network of hospitals that offers quality healthcare to the general public, with participation from 57 Stars, Capier Investments, angel investors, including Ashish Gupta, Khadim Batti, Vara Kumar, and existing investors Stellaris Venture Partners, Vertex Ventures, and Alteria Capital. “We started Ayu Health in 2019 with a mission to build India’s most trusted hospital chain promising high quality patient outcomes, transparency on pricing, and world-class patient experience. With the support from new and existing investors, we are now well-positioned to take this model to more geographies, and are targeting a network of over 200 hospitals and 10k beds by Dec 2022 ensuring high quality healthcare for all," Himesh Joshi, Ayu Health Co-Founder and CEO.

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