{"id":105772,"date":"2025-07-22T00:00:00","date_gmt":"2025-07-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/adia-invests-usd-200-mn-in-indian-medical-device-manufacturer-meril\/"},"modified":"2025-07-22T00:00:00","modified_gmt":"2025-07-22T00:00:00","slug":"adia-invests-usd-200-mn-in-indian-medical-device-manufacturer-meril","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/07\/22\/adia-invests-usd-200-mn-in-indian-medical-device-manufacturer-meril\/","title":{"rendered":"Adia invests USD 200 mn in Indian medical device manufacturer Meril"},"content":{"rendered":"

The Abu Dhabi Investment Authority (Adia) will invest USD 200 mn in <\/strong>Indian medical device manufacturer Micro Life Sciences (also known as Meril) <\/strong>through a subsidiary, acquiring a 3% stake in the firm, according to a press release (pdf)<\/a>. The investment values Meril at USD 6.6 bn. The agreement is subject to regulatory approval from the Competition Commission of India. <\/p>\n

We knew this was coming:<\/strong> Adia was reportedly in <\/span>late-stage discussions<\/a> to invest in Meril as the company gears up for an IPO. Meril\u2019s fundraising round was expected to total USD 250-300 mn, with multiple investors anticipated to participate, including Singapore\u2019s Temasek Holdings. The IPO is likely within 12 to 18 months.<\/span><\/p>\n

About the company:<\/strong> Founded by Bilakhia Group<\/a>, Meril focuses on advanced solutions across cardiovascular, structural heart, orthopaedics, endo-surgery, in-vitro diagnostics, and surgical robotics.<\/p>\n

REMEMBER-<\/strong> Adia has been actively expanding its India portfolio in 2025.<\/strong> The sovereign wealth fund invested 41.3 crore<\/a> (c. AED 17.7 mn) in the USD 395 mn (AED 1.5 bn) IPO of Indian drugmaker Anthem Biosciences. It also deployed around USD 310 mn<\/a> (AED 1.1 bn) for a 5.1% stake in IDFC First Bank, and participated in HDB Financial Services\u2019 3.4k crore<\/a> (c. AED 1.5 bn) pre-IPO funding round.<\/p>\n","protected":false},"excerpt":{"rendered":"

The investment values Meril at an enterprise value of USD 6.6 bn<\/p>\n","protected":false},"author":1,"featured_media":105773,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2392],"tags":[368,7,1342,60,64],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-105772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-abu-dhabi-investment-authority","tag-enterpriseam-uae","tag-investment","tag-ma-watch","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"341dddf2-ed71-40f5-adf3-412a198b9740","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/3\/1273.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Adia invests USD 200 mn in Indian medical device manufacturer Meril","related_issue":[105765],"teaser":"The investment values Meril at an enterprise value of USD 6.6 bn","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.ba971b70-15ee-47d5-9fe2-cb521f5043a9.mp3"},"yoast_head":"\nAdia invests USD 200 mn in Indian medical device manufacturer Meril - 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