MedPlus promoter raises Rs750 crore of debt to buy out PE investors2 min read . Updated: 02 Jan 2018, 08:35 PM IST
MedPlus founder Madhukar Gangadi now owns around 90% stake in the company
Mumbai: The promoter of MedPlus Health Services Pvt. Ltd, the second largest pharmacy retail chain in India, has raised around Rs700-750 crore (approximately $115 million) in debt financing from Goldman Sachs to buy out existing private equity investors, said two people aware of the development.
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