Apis PE, ICICI Venture buy stake in Star Health Insurance

Apis PE, ICICI Venture buy stake in Star Health Insurance

Visual from Mint.

Health insurer Star Health and Allied Insurance Co. Ltd on Wednesday said two private equity funds—Apis Growth Fund I, a private equity fund managed by Apis Partners LLP, and India Advantage Fund Series 4, a private equity fund managed by ICICI Venture—have acquired a significant minority stake in the company. The company did not disclose the size or financial details of the deal.

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