We are pleased to announce that our client, Asian Institute of Medical Sciences (‘AIMS’), a leading hospital chain, has raised Series B fund raise of INR 1380 Million from CDC, a leading Development Financial Institution sponsored by the Government of UK. Existing investor Orbimed which backed the healthcare services provider investment in January 2014, will continue to hold its stake post the fund raise.
Alpha Partners has represented AIMS and its promoters for both rounds of funding, viz. with Orbimed in 2014 and with CDC in 2018.
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