Date:01/11/2007 URL: http://www.thehindu.com/2007/11/01/stories/2007110156822000.htm

Business - Briefly

Trivitron gets equity funding

CHENNAI: Trivitron Medical Systems, a medical technology company, has announced that HSBC Private Equity (Asia) Ltd. and ePlanet Ventures, a global venture capital and private equity firm, have jointly invested a total amount of $11 million in the company. Addressing a press conference here on Tuesday, G. S. K. Velu, Managing Director, Trivitron Group, said both firms would hold a minority stake in the company. — Corporate Reporter