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Fidelity Growth Partners India has anchored investment of Rs 400 crore in Trivitron Healthcare.
Trivitron, a wholesale distributor and after-sales support provider of medical equipment and devices, aims to use the fund infusion to become a global player in the imaging and lab diagnostics business segment through organic growth and acquisition of companies and technologies in Europe and the US.
“The funds will be used to increase Trivitron’s shareholding in Kiran Medical Systems, an international player in imaging accessories, expanding operations at Trivitron Medical Technology Park and enhancing the company’s distribution operations in South-East Asia, West Asia and Africa,” added the company in a statement.
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