India Equity Partners Acquires Majority Stake in Dental Chain Axiss (Asia)

Source: VCCircle  |  Author(s): Bhawna Gupta

India-focused private equity firm India Equity Partners (IEP) is reportedly acquiring a majority stake in Indian dental clinic chain Axiss Dental. Founded in 2007, Axiss Dental operates 17 dental clinics in India’s Delhi and National Capital Region. The investment size was not disclosed, but India Equity Partners typically targets investments in the US$20 million to US$50 million range.