India, Nov. 13 -- image credit- shutterstock

Kotak Alternate Asset Managers Limited (Kotak Alts), through its Kotak Life Science Fund I, which invests in early to growth-stage life sciences and healthcare businesses, has made an investment of Rs 40 crore in Mediversal Healthcare. The round also attracted additional funding from Asha Ventures, an impact focused fund.

The funding will enable Mediversal to undertake both organic and inorganic expansion in the region of Eastern India.

Founded in 2020 by Navneet Ranjan, Bhanu Pratap, and Jayant Gandhi, Mediversal has positioned itself as a trusted name in regional healthcare by combining clinical excellence with affordability. Headquartered in Patna, the multi-specialty hospital chain curre...