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Hospital chain Ayu Health bags $21.4 Mn at valuation of $80 Mn

Shortpedia

Content Team
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Two year old hospital chain Ayu Health has raised Rs 161 crore or $21.4 Mn in a Series B round led by Fundamentum Partnership and existing backers. The fresh round has come for the Chandigarh-based firm after eight months. Ayu Health has passed a resolution to approve 10 equity and 65,029 series B Compulsorily Convertible Preference Shares at an issue price of Rs 24,708 per share to raise 160.7 core, regulatory filings show.