HBI Deals+Insights / M&A/IPOs

TPG Growth buys Indian maternity chain Rhea Healthcare for $33m

TPG’s investment platform TPG Growth has bought a majority stake in Bangalore-based maternity chain Rhea Healthcare for $33m (Rs 220 crore), which wants to expand across India. The mother-and-child care sector is one of many growing outpatient specialties in the country.

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