Avendus Capital Advises Ascent Health on Its USD 220 mn Fund Raise Led by Temasek and LGT Lightstone Aspada That Included a Partial Exit for Everstone

Ascent has emerged as the dominant market leader, and its unprecedented growth stems from its strong focus on delivering the best supply chain experience to its retailers. Ascent’s high pedigree founding team is a key reason behind the exceptional execution in recent years, in this fast-growing sector. They are best positioned to be the focal point of the ecosystem, addressing India’s healthcare needs through multiple channels - offering healthcare products and services to managed care plans and insurance.

India’s healthcare ecosystem is hamstrung by crippling issues, and we need a differentiated business model to disrupt the status quo and solve these longstanding qualms. Digital businesses have put the interests of healthcare ecosystem stakeholders at the centre of decision making like never before, allowing for better quality services.