Kedaara buys majority stake in Oliva Skin & Hair Clinic for $65 million ...Middle East

Business Standard - Economy

Oliva Skin & Hair Clinic, which is a medico-aesthetic dermatology services player, has said it has sold majority stake to Kedaara Capital for a consideration of USD 65 million (around Rs 530 crore). With its third investment in the single speciality healthcare segment, Kedaara aims to fuel Oliva's growth towards becoming a leading medico-aesthetic dermatology chain, a statement said. The transaction also provides an exit to InvAscent, which invested in the company in 2014, it said, without disclosing the details such how much was invested and for what stake. Nor the company disclosed what is the stake that Kedaara has picked up. Founded by Prashant Soma in 2009, Oliva has been supported by m

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Last updated : 13 March 2023 clock 09:16 PM

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Kedaara buys majority stake in Oliva Skin & Hair Clinic for $65 million ...Middle East

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