Goldman Sachs, NEA Invest $54-Million in Indian Healthcare Firm

The private equity arm of US banking giant Goldman Sachs and American venture capital fund New Enterprise Associates (NEA) have jointly invested about $54 million in Indian healthcare firm, the companies said in a joint statement.

The investment for a minority stake in Nova Medical Centers would be used to further expand the Indian company's specialty surgery and fertility businesses, the statement said.

Goldman Sachs has deployed more than $2 billion in India since 2006.