PVP Ventures Acquires 41.2% Stake in India's Top Dialysis Services Provider - 7 Med India Pvt Ltd

PVP Ventures Ltd. has executed binding agreements to initially acquire 41.2% stake in 7 Med India Pvt Ltd, a top player in India's renal care sector, with a clear contracted path to majority shareholding within 12 months. The transaction is a combination of both primary and secondary stake purchase, amounting to an outlay of circa INR 127 crores for this majority shareholding. 7Med operates a profitable network of 22 cutting-edge establishments, including shop-in-shop dialysis centres within leading hospitals and standalone dialysis centres across 6 states, as well as 4 super-speciality hospitals with a clear focus on Nephrology and Urology. The company is poised to deliver an EBITDA of INR 50 crores in the next 4 years with the current investment.