Global Dental Services, parent of Clove Dental gets Rs 417 crore from Qatar Investment Authority
Advertisement
Mumbai: Investcorp-backed Global Dental Services, the powerhouse behind Clove Dental—one of the largest dental clinic chains in India—has received a major financial boost from the Qatar Investment Authority (QIA).
The sovereign wealth fund has injected $50 million (approximately Rs 417 crore) into the healthcare enterprise, a move disclosed by Clove Dental’s founder, Amarinder Singh, to ET..
The dental care services provider raised $66 million in November last year in a round led by the global investment group, Investcorp, based in Bahrain.
Our comments section is governed by our Comments Policy . By posting comments at Medical Dialogues you automatically agree with our Comments Policy , Terms And Conditions and Privacy Policy .
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.