Press Releases from Vivimed Lab Ltd (1 total)
Vivimed Labs Raises INR 127 Crore from Reputed Private Equity Investors
Hyderabad, September 27, 2011. Vivimed Labs Limited (“Vivimed”), one of the leading chemical and pharmaceutical manufacturing companies based at Hyderabad, has announced today the completion of an INR 127 crore ($27.6 million) fund raising through a preferential allotment to two reputed private equity investors: NYLIM Jacob Ballas India Fund III LLC (“NYLIM JB Fund”) and Kitara Capital. NYLIM JB Fund invested INR 67 crore to subscribe…