Serial entrepreneur G S K Velu to ramp up diagnostics biz in west and south

Move follows expiry of restrictive clauses inserted at the time he sold his stake in Metropolis Healthcare to Carlyle Group

Four years after he exited pathology laboratory chain Metropolis Healthcare by selling 37 per cent stake to Private Equity firm Carlyle Group, serial entrepreneur G S K Velu is looking at expanding his diagnostics business. The move follows the expiry of the restrictive clauses that were put at the time he sold his stake to the private equity firm. 

Velu's diagnostics firm Neuberg Diagnostics has today announced the merger of Healyst Laboratory, a Chennai-based technology diagnostics service provider founded by P Srinivasan, ex-founder of Lister Laboratories, which was spearheaded by him and Saranya Narayan, to expand its presence in Tamil Nadu