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ChrysCapital to take minority stake in Linux Laboratories
The Economic Times reports that Linux Laboratories secured $70 million in equity funding from ChrysCapital and Tata Capital Healthcare Fund III, with ChrysCapital set to take a minority stake.
TLDR
The Economic Times reports that the $70 million investment includes primary capital and a secondary purchase, marking Tata Capital Healthcare Fund II’s full exit. It says the funding will help Linux Laboratories deepen its presence in existing specialties and expand into new therapeutic areas.
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