Pioneer Legal and DMD Advocates advised on USD 30 million investment by a group of investors in Tenet Medcorp.
Tenet Medcorp Private Limited, operating under the Tenet Diagnostics brand, has received a USD 30 million investment from Tata Capital Healthcare Fund III, Blueearth Capital and other investors. Founded in 2018, Tenet has emerged as an integrated diagnostics platform, operating more than 35 radiology and pathology centres across 14 states and a pan-India B2B laboratory network offering more than 3,000 super-speciality tests.
Pioneer Legal advised Tenet Medcorp Private Limited (Tenet Diagnostics) and its promoters in connection with the investment by Tata Capital Healthcare Fund III and Blueearth Capital.
The transaction team consisted of Partner Pritha Jha, Associate Partner Pracheta Redhu, Principal Associate Jinal Shah, Senior Associate Smrithi Balasubramanian, Associate Vireman Singh Chauhan.
DMD Advocates represented Tata Capital Healthcare Fund III and other investors in connection with the investment.
The team consisted of Lead Partner Vihang Virkar, Partner Monika Deshmukh, Principal Associate Pooja S., Associates Disha Jain, Vanshikha Choraria and Nardeep Chawla.
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