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We are pleased to announce the successful completion of a strategic transaction wherein our client, Srishti Hospital, a leading ART centre in Puducherry founded by Dr. Soumyaroop Dash, has entered into a strategic partnership with Indira IVF, India’s largest IVF chain.
Founded in 2010, Srishti Hospital has built a strong reputation for delivering world-class Assisted Reproductive Technology (ART) services including IVF, ICSI, IUI and advanced male infertility treatments, supported by state-of-the-art infrastructure. This partnership is expected to further strengthen Indira IVF’s presence in South India and entry into the Puducherry market while enabling Srishti Hospital to leverage Indira IVF’s national platform, bringing in structured protocols, supportive digital systems, and consistency in care.
Advay Capital served as the exclusive financial advisor to Srishti Hospital and Dr. Dash for this transaction. The team positioned the opportunity to a select list of leading IVF platforms and ran a tightly managed process that generated multiple competitive offers. Advay also drove the financial, legal, and operational diligence, while leading negotiations on valuation, structuring and definitive documentation. In addition, the team managed stakeholder alignment throughout the process, ensuring a smooth and successful transaction closure.
Dr. Soumyaroop Dash, Promoter of Srishti Hospital said “It was our pleasure to work with Team Advay, who connected us with the right partners to realize our vision of expanding the operations of our hospital. During our engagement with Advay, their strategic advice, timely completion of due diligence procedures, multi-faceted support, and coordination with healthcare sector investors provided us with the momentum to successfully conclude this transaction in the best interests of all parties involved. Kudos to the team for their sincere efforts, and we wish them many more successful deal closures in the future.”
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