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MO Alternates, Temasek, Paragon to invest Rs 800 crore in Niva Bupa

​The announcement comes within a fortnight of homegrown private equity major True North announcing a 20 per cent stake sale in the company to Bupa for Rs 2,700 crore, making the UK-headquartered company a majority owner in the company. "This latest injection of capital will play a pivotal role in propelling the company towards its long-term ambitions and strategic objectives," True North s partner Divya Sehgal said.

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