Warburg in USD109m Debt and Equity Deal for Indian Online Pharmacy MedPlus

Source(s): VCCircle

Warburg Pincus has acquired a minority stake in India-based online pharmacy MedPlus Health Services through an equity and debt transaction. Warburg has invested INR5b (approximately USD68m) in equity for a reported 20-25% stake and has provided INR3b (approximately USD41m) in debt finance. Read more