360 ONE Asset invests ₹170.6 Cr in Paras Healthcare
Mumbai:
Asset management
firm
360 ONE Asset
, a wholly-owned subsidiary of 360 ONE WAM, has invested Rs 170.6 crore in the hospital chain-
Paras
Healthcare in north India.
The
transaction
includes both
primary
capital
infusion
and a secondary component, with a partial exit by an existing investor, according to the company.
Umesh Agrawal, Senior Fund Manager and Strategy Head - Financial Services and Industrials, 360 ONE Asset, said, 'This marks our seventh investment in the Indian healthcare services segment, reaffirming our strong conviction in the sector's long-term potential.'
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