Birla Fertility Expands Its Reach into Karnataka, Tamil Nadu, and Maharashtra with Strategic Investment in Babyscience IVF Centres
Birla Fertility, a CK Birla Group company, has successfully acquired a majority stake in Babyscience IVF Centres Private Limited. This acquisition marks a significant expansion for Birla Fertility into new regions, including Karnataka, Tamil Nadu, and Maharashtra.
Khaitan & Co played a pivotal role in facilitating this transaction by:
- Structuring the acquisition deal
- Conducting comprehensive due diligence on Babyscience IVF Centres and its subsidiary, Centre for Human Reproduction and Biosciences
- Drafting, reviewing, negotiating, and finalizing key transaction documents, including the share purchase agreement, shareholders’ agreement, and consultancy agreement
The core advisory team from Khaitan & Co included:
- Kapish Mandhyan (Partner)
- Shourya Sengupta (Partner)
- Sneh Lata (Principal Associate)
- Arka Banerjee Choudhury (Senior Associate)
- Karishma Sethia (Associate)
Additional contributions came from various specialized teams:
- Diligence Team: Shramana Dwibedi (Senior Associate), Miheer Jain (Associate), Unnati Khana (Associate)
- ART Law Aspect: Aditi Sharma (Partner), Anushka Venketram (Associate)
- Employment Law Aspect: Deepak Kumar (Partner), Archika Dudhwewala (Senior Associate), Ransher Singh (Associate), Sidheswar Sahoo (Associate)
- IP Law Aspect: Shailendra Bhandare (Partner), Sourav Dan (Principal Associate), Vaishali Adhikari (Associate)
- Data Privacy Law Aspect: Supratim Chakraborty (Partner)
The acquisition enables Birla Fertility & IVF to establish a foothold in Maharashtra, Karnataka, and Tamil Nadu. Analysts forecast rapid growth in India’s IVF industry, driven by rising medical tourism and increasing infertility rates, with an estimated 25-30 million couples currently facing infertility issues. This growth presents significant opportunities for companies in the sector.
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