J Sagar Associates (JSA) advised FIL Capital Investments (Mauritius) II on its Rs 51 crore purchase of equity and Economic Laws Practice (ELP) advised Somerset Indus Healthcare Fund I on its Rs 6 crore investment in Cygnus Medicare which was advised by DSK Legal.
JSA Delhi partner Manvinder Singh, senior associates Nalin Bawa, Zain Pandit and Bharati Joshi and associate Upasana Gupta acted for FIL.
ELP partner Sujjain Talwar, associate partner Vinayak Burman, senior associate Archana Khosla and associate Amool Narayan acted for Somerset.
DSK co-founding partner Anand Desai acted for Cygnus.
Some recent major healthcare space investments include India Evolving Fund investing $180m in Manipal Health Enterprises, Advent International Corp investing $110m in Quality Care, JPMorgan Partners and PineBridge Capital investing $100m in Narayana Hrudayalaya and Moolchand Healthcare raising funds from Sequoia Capital, reported VC Circle.