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Hinduja Global to sell healthcare vertical for ₹8,900 cr to Baring PE Asia
short by Maanya Sachdeva / on Tuesday, 10 August, 2021
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.
read more at Moneycontrol