General Atlantic completed the acquisition of a majority stake in Ujala Cygnus.

General Atlantic, a private equity firm, completed the acquisition of a majority stake in Ujala Cygnus, a healthcare provider in Northern India with a network of 21 hospitals. Financial terms were not disclosed. “We’ve witnessed numerous doctors relocating from metropolitan areas to places like Agra, Varanasi, and Jammu, drawn by the prospect of delivering quality care and achieving positive outcomes in communities close to their roots. With General Atlantic’s support, we look forward to the expansion of our platform and welcome more healthcare practitioners to join this transformative movement and the Ujala Cygnus mission,” Dr. Shuchin Bajaj, Ujala Cygnus Founder Director.