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Sovereign Wealth Funds Briefing - Categorized | Investment

HCG gets Rs.130 cr from Temasek Holdings, set for greenfield project & entry into Africa

Posted on 21 March 2013

Healthcare Global Enterprises Ltd (HCG) has received a Rs.130 crore fund infusion form Temasek Holdings, a Singapore based Investment Company. The cancer care major said that the funds will be used for its next phase of expansion which includes a Greenfield project in Bengaluru, entry into Africa and expansion of its current 26 centre network of hospitals in the country.
This is the fifth fund infusion for HCG as Temasek joins HCG’s existing investors and become a shareholder in the company. The venture capitalists and private equity players have evinced considerable interest in funding oncology care………………………………………..Full Article: Source


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