Chennai: Norwest Venture Partners, a global venture and investment firm, has invested $11 million in Perfint Healthcare Pvt. Ltd, a medical technology company.
Norwest Venture Partners had already invested $7.2 million in the Chennai-based company in 2010.
“The fund will be used by Perfint for new product development in ultrasound guided procedures and tissue characterisation,” said Perfint CEO Nandakumar S.
The investment will enable the company to launch its products in the US, China and Japan where regulatory approvals are awaited.