We are glad to announce that Orbit Financial Capital acted as the exclusive financial advisor to Sunways India in securing USD 15 million from InvAscent.
Orbit Financial Capital continues to successfully execute PE/M&A deals by providing transaction advisory services that are aligned with the client’s strategic goals in addition to efficiently raising debt for its esteemed clients.
The transaction advisory team focuses on identifying strategic fits for our clients and enabling them to grow their business through the inorganic route by making acquisitions that provide access to newer markets, better technologies, and innovative products and result in creating shareholder value. By capitalizing on our core competencies and deep domain knowledge in equity syndication, we assist our clients to raise equity capital from varied sources such as Venture capitalists, Private Equity Firms, HNIs, and angel investor space. The team has closed many transactions with leading companies globally. Read more about Orbit Financial Capital – https://orbitfinancial.in/
Domestic Ophthalmic player, Sunways has raised USD 15 million from InvAscent for capacity addition, international expansion and acquisitions. InvAscent is the investment advisor to a family of funds that operate under the name “India Life Sciences Fund” or ILSF. It has so far raised USD 500 Mn from global investors since its founding in 2007 and deployed the same in 30+ companies across Pharma, Healthcare Delivery, Medical Devices and Animal Health sectors. The investment team at InvAscent has deep domain expertise and a track record of value creation in the Life Sciences space.
Founded in the 1950s by the Shroff family, Mumbai-headquartered Sunways is a leading manufacturer and marketer of ophthalmic formulations. Having a strong foundation built over 70 years and 3 generations, Sunways is well established to progress into the next phase of sprinted growth domestically and in the international markets. This growth would be supported by organic and inorganic expansion. The Company has a strong presence across India and also exports to 10+ countries.