Grant Thornton Bharat Acts as Exclusive Advisor to Biorad Medisys for its Fundraise of up to INR 400 Crore from Kotak Strategic Situations India Fund II
May 16, 2024
New Delhi [India], May 16: Biorad Medisys Pvt. Limited ("Biorad Medisys"), a leading medical device manufacturer in India, recently completed another round of funding, raising INR 400 crore from Kotak Strategic Situations India Fund II ("KSSF II") managed by Kotak Alternate Asset Managers Ltd. (KAAML). This bolsters Biorad Medisys' financial standing and marks an exit for their existing investor, DMI Finance Group, which had previously invested in the company. Grant Thornton Bharat was the exclusive financial advisor to Biorad Medisys for the transaction.
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