The transaction will also provide an exit to InvAscent, who invested in the company in 2016
Oasis Fertility has announced an investment from Kedaara Capital for a significant minority stake in the company. This is Kedaara’s second investment in the single speciality healthcare segment.
With this USD 50 million transaction and a commitment to deploy further capital for strategic acquisitions, Kedaara aims to support and fuel Oasis’ growth in India and adjacent markets. The transaction will also provide an exit to InvAscent, who invested in the company in 2016.
O3 Capital acted as the exclusive financial advisor for the transaction and Samvad Partners was the legal counsel to Oasis Fertility. Quillon Partners acted as legal counsel to InvAscent and Veritas Legal acted as legal counsel to Kedaara Capital.