Dabur Group’s private equity firm, Asian Healthcare Fund, is planning to invest around Rs 50 crore in Mydentist, a regional dental care chain of 40 clinics with a focus in Western India. This would be company’s first investment since its incorporation in 2011.
Mydentist, is among the largest private chains in the country with 38 of its 40 clinics located in Mumbai and the rest in Pune. The company plans to use these funds to scale up its footprint in other geographies.
Asian Healthcare Fund was floated after German firm Fresenius Kabi acquired Dabur Pharma. AHF invests across India's healthcare sector, and is focused on companies that are into direct healthcare delivery, indirect healthcare services, medical devices and equipment, diagnostics, specialized manufacturing and bio-pharmaceutical R & D services.
