Trivitron distributes to Fidelity

Nov 1, 2012 • Global Corporate Venturing

Fidelity Growth Partners India (FGPI), a regional corporate venturing unit of US-based mutual fund manager Fidelity, has invested R400 crores ($75m) to partly buy out minority shareholders in Trivitron Healthcare. This investment provides partial exits for ePlanet Ventures and Headland Capital, which have been invested in Trivitron since 2007.

Trivitron is an India-based wholesale distributor and after-sales support provider of medical equipment and devices and part of FGPI’s investment will help the portfolio company acquire peers in Europe and the…

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