Hinduja Global to sell healthcare vertical for ₹8,900 cr to Baring PE Asia

The Hinduja Group's BPO arm, Hinduja Global Solutions (HGS) announced that it will sell its healthcare services business to funds affiliated with Baring Private Equity Asia (BPEA) for $1.2 billion (over ₹8,900 crore). HGS' healthcare vertical brought in over half of the company's $754 million-revenue in FY21. BPEA is one of the largest private alternative investment firms in Asia.