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Nova Medical to raise Rs 400 cr
Bangalore-based Nova Medical Centers Private Limited, a standalone ambulatory surgery group, is planning to invest Rs 500 crore to expand its operation. The company would be setting up 25 daycare surgical facilities across India and West Asia by 2013. Nova is part funded by Global Technology Investment group (GTI), a New York-based private equity firm. Mahesh Reddy, co-founder and executive director,