BusinessLinux Laboratories Raises $70 Million Led by ChrysCapital and Tata Capital
Linux Laboratories Pvt. Ltd, a fast-growing Indian formulations company, raised $70 million from ChrysCapital and Tata Capital Healthcare Fund III. ChrysCapital acquired a significant minority stake through a mix of primary capital and secondary share sale, delivering about 4x returns to Tata Capital Healthcare Fund II. The investment supports Linux's focus on chronic therapies and growth potential, with strong backing from founders and management.
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