VPS Healthcare, the GCC/Indian hospital and generic drugs group, with 2017 sales of about $1bn, plans to IPO within 2-3 years. Meanwhile, it wants to invest $150m in Indian hospitals. VPS founder 40 year-old Dr Shamsheer Vayalil, has also just launched a private equity fund Trovant Capital which has made its first investment buying a hunk of Amanat, a GCC fund which is investing (rather slowly) in healthcare and education. We caught up with him in London.
November 22, 2017