L G Chandrasekhar: A suture firm chief who stitched a Rs 20 bn empire

We wanted to disrupt the Johnson & Johnson model in India which had a monopoly in the market during that time, said Chandrasekhar

Apart from a doctor, nurse, and surgical instruments, what is the most important element for an operation? It is the most indispensable, yet obscure, sutures.

A small Bengaluru-based company, which was founded 25 years ago with a few lakhs rupees, tapped the unexplored sutures market in India and became so big over the years that it was sold at a price of around Rs 20 billion ($350 million) to private equity firm Apax Partners.

Healthium MedTech (formerly known as Sutures India), one of the biggest Indian surgical instruments companies which was until recently headed by its founder L G Chandrasekhar, was sold