Deal Alert: Medfort Hospitals to raise $30-M through PE route

Medfort Hospitals, which specialises in eye care and diabetes care, is squaring up for its next round of private equity fund infusion. The chain led by Dr G S K Velu, is understood to be in talks to raise as much as $30 million through the PE route. Medfort has presence in New Delhi, Andhra Pradesh and Tamil Nadu and is looking to expand into a pan-India chain both organically and inorganically