chennai . Bangalore . Hyderabad

new deal

We are pleased to announce that Lok Capital & Evolvence India Fund have picked up a minority stake in our client Dr. Mohan's Diabetes Specialities Centre Pvt. Ltd. (Dr. Mohan's), India's largest Diabetes hospital & clinic chain.

Veda Corporate Advisors ("Veda") was the exclusive advisor to Dr. Mohan's; Veda provided comprehensive transaction advisory services covering identification of prospective investors, strategic positioning, valuation and transaction str ucturing, assistance in due diligence, negotiation and finalization of definitive agreements, leading to the successful closure of the transaction.

This marks Veda's 26th transaction in the healthcare domain

drlogo   About Dr. Mohan's Diabetes Specialities Centre Pvt. Ltd.

Founded by internationally renowned Diabetologist, Dr. V. Mohan and his late wife Dr. Rema Mohan, Dr. Mohanís is one of the earliest organized players in the diabetes care market in India. Dr. Mohan, personally, has been at the forefront of diabetes care in the country and has built a robust delivery model for diabetes care and an asset-light business model that has so far scaled to 24 centres (2 hospitals, 22 clinics) across seven states of India. Dr. Mohanís has used a very effective hub and spoke model to deliver comprehensive diabetes care to patients in both urban and underserved rural areas of Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Orissa, Puducherry and Delhi. The team of specialists at Dr. Mohanís have treated over 400,000 patients thus far.

About Lok Capital

Lok promotes inclusive growth in India by making long-term equity investments. Launched in 2004, it backs entrepreneurs who cater to large underserved segments through investments in financial services, agriculture/livelihood and healthcare sectors. In addition to capital, Lok supports the portfolio companies through a variety of engagements which include fellowship programs and technical assistance. Lok manages three funds with over USD 125 mn under management


About Evolvence India Fund

Evolvence India Fund (EIF) is the first and only independent India dedicated hybrid Private Equity platform with the strategy of fund of funds and active co-investments. EIF is sponsored by New York Life Insurance and Evolvence Capital and has committed USD 200 Mn in 15 private equity funds and also have invested USD 150 Mn across 12 co-investments in India. EIF team is currently deploying capital from their Fund 2.

Veda is a leading investment bank providing focused advisory services to companies, entrepreneurs and private equity funds. We offer independent advice and customized solutions on private equity fund raising and M & A. With a dedicated and experienced team spread across offices in Chennai, Bangalore and Hyderabad, Veda brings together rich experience in handling a variety of transactions. Since inception, we have closed over 100 transactions, aggregating to approx. USD 3.5 billion in value.
For further information, please contact:

Vinod Kumar
Founder Director
+91 99529 63826
Kavya Nair
+91 97909 54710
© 2017 veda corporate advisors private limited