MUMBAI: Domestic medical technology company, Trivitron Healthcare is joining hands with private equity firm, Investment Funds for Health in Africa (IFHA) to float a joint venture focused on the African continent. The PE firm supported by key investors like International Finance Corporation manages two funds with $200 million invested in healthcare, along with Trivitron, will form a 50:50 venture, Trivitron Healthcare Africa BV (THA).
The company will provide medical devices, turn-key solutions, engineering support and after- sales service to improve access and affordability of devices --right from MRI scanners, implants to lab products, across 54 countries in Africa, over a period of three years.