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Morgan Stanley to invest Rs 145 crore in Manipal Health Enterprise


Morgan Stanley to invest Rs 145 crore in Manipal Health Enterprise

Manipal Health Enterprises Pvt Ltd is backed by private equity majors including Singapore’s Temasek and TPG.

Mumbai: Morgan Stanley India Infrastructure (MSII) Wednesday committed a Rs 145 crore investment in Manipal Health Enterprise, the healthcare arm of Manipal Education and Medical Group, for an undisclosed stake.

The tie-up involves an investment of Rs 100 crore in Healthmap, a Public Private Partnership for diagnostic imaging in Indian healthcare, a statement said.

Also Read: Temasek eyes to acquire 18 per cent stake in Manipal Healthcare

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Source: Bloomberg
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