Matrix India Invests in Meditrina Hospitals (Asia)

Source: Meditrina Hospitals

Venture firm Matrix Partners India has picked up a significant minority stake in India-based cardiac care provider Meditrina Hospitals for INR410 million (approximately US$6.2 million), representing the company’s first round of institutional funding. Meditrina Hospitals currently operates four units focused on interventional cardiology in South and Central Kerala. It intends to use the financing to bring on more personnel for clinical and non-clinical management.