Malaysian private equity firm Creador has acquired a minority stake in Paras Healthcare through affiliate Commelina for Rs 275 crore ($42 million). This is Creador's 24th investment globally (9th in India).
Anand Narayan, managing director, Creador Advisors India LLP, said "Paras Healthcare, hospital infrastructure and operations are all developed to provide the best healthcare services at affordable costs". We are certain that this association shall be fundamental in the evolving landscape of Indian healthcare."
Narayan also said that the company's presence in Bihar elucidates their aim and execution capabilities of providing quality super speciality medical care in rural India.