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Blackstone, General Atlantic, 2 other PEs vie for Indira IVF

Mint Mumbai

|

June 27, 2023

Private equity (PE) investors Blackstone Inc., BPEA EQT, CVC Capital Partners, and General Atlantic Service Co. Lp are competing to acquire Mumbai-based Indira IVF Hospital Pvt. Ltd amid rising demand for infertility treatments, two people close to the matter said.

- Ranjani Raghavan

Blackstone, General Atlantic, 2 other PEs vie for Indira IVF

MUMBAI: The PE investors are seeking majority control of the in-vitro fertilization (IVF) treatment chain, which is seeking a valuation of over $1 billion, the people said on condition of anonymity. The investors have cleared the first round and are expected to place second-round bids in 4-6 weeks, one of the two people said.

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