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Tata Capital Growth Fund, a leading mid-market private equity fund, is set to acquire a minority stake in Aarthi Scans Pvt. Ltd. The transaction is expected to get consummated in the next few days.
Founded by V. Govindarajan in 2000, the Chennai-headquartered Aarthi Scans & Labs is the market leader in affordable and integrated diagnostics space in India. Today, the company has presence across 10 states of India including the top 6 metros, it said in a statement.
“This investment by Tata Capital further affirms our belief in our business model of providing high quality diagnostic services to the masses at affordable price,” said Govindarajan, CMD, Aarthi Scans.
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