Verlinvest Makes $75 Million Investment in The Eye Foundation, Marking Largest Commitment in Indian Healthcare

"Verlinvest SA has made its largest investment in Indian healthcare by acquiring a minority stake in The Eye Foundation Limited for $75 million. The Eye Foundation, based in Coimbatore, operates over 25 hospitals across Tamil Nadu, Kerala, and Karnataka. Khaitan & Co provided legal advice throughout the transaction, which is noted as one of the largest private equity investments in a single specialty healthcare provider in India."

In the recent transaction involving Verlinvest SA and The Eye Foundation Limited, the law firm Khaitan & Co played a pivotal role by advising The Eye Foundation and its promoters. Verlinvest has acquired a minority stake in The Eye Foundation for an aggregate consideration of $75 million. This investment represents Verlinvest's largest commitment in Indian healthcare and is one of the largest single specialty healthcare investments by private equity in India. The core team from Khaitan & Co included: - Vivek Sriram (Partner) - Varun Narayan (Partner) - Atul Narayan (Senior Associate) - Karthik Sridhar (Senior Associate) - Aanchal Kapoor (Associate) - Akhila Deekshitha Baddepudi (Associate) - Rexey Soosan Sabu (Associate) - Vishnu Vasudevan Chengath (Associate) Additionally, the following lawyers assisted in specific areas: - Employment law: Vinay Joy (Partner), Aditya J Nair (Senior Associate), Shaaryl Dsouza (Associate) - Data Privacy: Supratim Chakraborty (Partner), Sumantra Bose (Counsel), Mayank Barman (Associate) - Intellectual Property: Nirupam Lodha (Partner), Shivangi Narang (Principal Associate) - Real Estate: Vaishnavi Subrahmanyam (Principal Associate), Hemangini Srinidhi (Associate)

Verlinvest Makes $75 Million Investment in The Eye Foundation, Marking Largest Commitment in Indian Healthcare

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