ChrysCapital, led by MD Kshitij Sheth, aims to acquire Indian companies in the formulation business with potential valuations of $200 million-$500 million, focusing on growth and eventual public listings.
Local pharma companies queue up for JB Chemicals & Pharmaceuticals indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Mankind Pharma, Dr Reddys Laboratories and Torrent Pharma are among those that have evinced interest in acquiring JB Chemicals & Pharmaceuticals from KKR, said multiple people aware of the development.
KKR, a leading global investment firm, and Infinx Services Private Limited , an AI-driven healthcare revenue cycle solutions provider, today announced the acquisition of a significant minority stake.