• NU Hospitals Pvt Ltd, a South India-focused chain specializing in nephrology and urology, is nearing the completion of a funding round. The company operates hospitals in Karnataka, Tamil Nadu, and the Maldives.
• The hospital chain is aiming to raise between Rs 250-300 crore ($27.5-33 million) by selling a minority stake. Potential investors include Stakeboat Capital, Impact Fund Denmark, and Somerset Indus Capital Partners.
• The deal is anticipated to close within a week, with either a single investor or a combination of two from the mentioned firms expected to finalize the investment. This fundraising effort follows a revival of plans after a previous attempt in early 2023.
• NU Hospitals reported a revenue of Rs 160.3 crore in FY24, an increase from Rs 137.9 crore in the previous year, with EBITDA rising to Rs 40.7 crore from Rs 27.5 crore. This development occurs amidst broader investor interest in India's healthcare sector.

Swet Sarika

Debjyoti Roy

Bengaluru-based NU Hospitals Pvt Ltd is in the final stages of closing a funding round that has been in the works for .........

NU Hospitals in final lap of closing funding round

Private Equity

Healthcare

Bengaluru-based NU Hospitals Pvt Ltd is in the final stages of closing a funding round that has been in the works for the last few quarters, two people...

NU Hospitals Pvt Ltd

Stakeboat Capital

Impact Fund Denmark

Somerset Indus Capital Partners

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