• Private equity firm Vixar has acquired a 51% majority stake in Bengaluru-based remote diagnostics provider dAIgnostiX Services Pvt Ltd. The investment is reportedly around Rs 600 crore ($66.7 million).
• DAIgnostiX, formerly Teleradiology Solutions, was founded by Yale-trained doctors and offers AI-driven teleradiology diagnostics in nine countries. It specializes in head CT scans, mammograms, chest X-rays, and pulmonary embolism detection, claiming high accuracy and millions of scans delivered.
• Vixar, previously known as Arpwood Partners, focuses on control investments in mid-market, family-owned businesses. This acquisition follows their recent controlling stake purchase in NBFC IREP Credit Capital Pvt Ltd.
• The diagnostic sector is experiencing increased deal activity, with other recent investments including Kotak Strategic Situations India Fund II's investment in Neuberg Diagnostics and Metropolis Healthcare's multiple acquisitions.

Debjyoti Roy

Prithvi Durai

Private equity firm Vixar, which was earlier known as Arpwood Partners and rebranded this year, has acquired a majority .........

PE firm Vixar picks up majority stake in diagnostics firm

Private Equity

Healthcare

Private equity firm Vixar, which was earlier known as Arpwood Partners and rebranded this year, has acquired a majority stake in a Bengaluru-based remote...

Vixar

Arpwood Partners

Carlyle India

dAIgnostiX Services Pvt Ltd

VC_Desk_Story_Masthead

VC_Desk_Story_A_300x250

VC_Desk_Story_B_300x250

VC_Desk_Story_C_300x250

VC_Desk_Story_D_300x250

VC_Desk_Story_E_300x250

VC_Desk_Story_A_Skyscraper

VC_Desk_Story_B_Skyscraper

VC_Desk_Story_Inline_A_300x250

VC_Desk_Story_Inline_B_300x250

VC_Desk_Story_Inline_C_300x250

VC_Desk_Story_Inline_D_300x250

VC_Desk_Story_Inline_E_300x250

VC_Desk_Story_Footer

Corona Remedies Ltd made a spectacular stock market debut on Monday with shares of the drugmaker that counts private ......

ChrysCap-backed Corona Remedies nears $1 bn valuation after blockbuster debut

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

NU Hospitals in final lap of closing funding round

Baby Memorial Hospital, a multispecialty hospital backed by private equity major KKR & Co, is set to acquire a south ......

KKR set to acquire another South India hospital operator

Fireside Ventures-backed at-home diagnostics firm Inito has raised fresh capital to expand its offerings beyond ......

Fireside Ventures-backed healthtech firm Inito bags $29 mn in Series B

Consumer

Infrastructure

Private equity firm KKR, Singapore state investment firm Temasek, venture capital firm Aarin Capital and two other PE ......

KKR, Temasek, three other PE/VC firms move closer to harvesting India bets

Medway Hospitals, a South India-based chain of multi-speciality hospitals, is considering its maiden institutional ......

PE firm Vixar picks up majority stake in diagnostics firm

New to VCCircle.com?

Related Articles

Healthcare

ChrysCap-backed Corona Remedies nears $1 bn valuation after blockbuster debut

Healthcare

NU Hospitals in final lap of closing funding round

Healthcare

KKR set to acquire another South India hospital operator

Healthcare

Fireside Ventures-backed healthtech firm Inito bags $29 mn in Series B

Consumer

KKR, Temasek, three other PE/VC firms move closer to harvesting India bets

Healthcare

South India-based Medway Hospitals plans first PE round, hires banker

Google News