Kedara Capital has picked up majority stake in in Oliva Skin & Hair Clinic, a medico-aesthetic dermatology companies participant, for an unspecified quantity. With its third funding in the only speciality healthcare phase, Kedaara mentioned it goals to assist and gasoline Oliva’s progress in the direction of “realising its vision of becoming India’s most respected and leading medico-aesthetic dermatology chain.”
The transaction can even present an exit to InvAscent, which invested in the corporate in 2014.
Oliva affords a various suite of pores and skin and hair remedies and merchandise. Avendus acted because the unique monetary advisor for the transaction.