PVP Ventures takes initial 33.24% stake in renal care provider 7Med

PVP Ventures Limited has completed the initial phase of acquiring a stake in 7Med India Private Limited, expanding its presence in the healthcare sector. As of November 4, 2025, PVP Ventures holds 14,939 equity shares, representing 33.24% of 7Med's total paid-up share capital. This transaction is part of a broader plan to acquire 50.62% of 7Med within twelve months from August 28, 2025.

The acquisition is a cash consideration involving both primary and secondary stake purchases, totaling an outlay of circa INR 127 crores for the majority shareholding of 50.62%. 7Med India Pvt. Ltd. operates in India's renal care sector, providing dialysis services across its network and reported an approximate EBITDA of INR 10 crore for the current financial year.

PVP Ventures is contractually obligated to acquire an additional 4,263 shares, translating to a 41.23% stake, over the next few months, further increasing its shareholding to 50.62% within the specified timeframe. This investment does not involve related party transactions, and no governmental or regulatory approvals were required.