BPEA EQT to Acquire Majority Stake in Indira IVF
Summary
BPEA EQT acquired a majority stake in Indira IVF, a Udaipur, Rajasthan-based provider of fertility services in India, from from TA Associates and the company’s founders. With the investment, Indira IVF will enhance its R&D capabilities and technology, broaden its presence across India and explore expansion opportunities into neighboring markets. Founded by Dr. Ajay Murdia in 1988, Indira IVF is a market leader within Assisted Reproductive Technology services in India. The company has scaled from a single clinic to a nation-wide network spanning 116 centers across 20 states in India. To date, Indira IVF has supported over 125,000 couples in their journey towards achieving pregnancy.
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