KTR Delighted as Global Private Equity Firm Selects Hyderabad for ‘Cohance Platform’ HQ

KTR Extends Warm Welcome to the private equity firm Establishing ‘Cohance Platform’ HQ in Hyderabad

KTR Delighted as Global Private Equity Firm Selects Hyderabad for 'Cohance Platform' HQ - Wyanews

According to Telangana IT Minister KTR, global private equity firm Advent International has offered to invest Rs 16,650 crore in Hyderabad. The board members of the company provided details of the investment and the company’s founding, and KTR reported that Global Private Equity Company had decided to locate its headquarters in Hyderabad, Telangana.

Telangana IT Minister KTR has said I am excited to share that the leading global private equity firm, has chosen Hyderabad as the headquarters for its “Cohance platform,” with a cumulative whopping investment of USD 2 Billion (approximately Rs 16650 Crores) I had the opportunity to meet with Mr. Pankaj Patwari, Managing Director, and Mr. Vaidheesh Annaswamy, Operating Partner, to discuss their investment and their ambitious growth plans I’m delighted that the company will be establishing a greenfield R&D lab in Hyderabad, underscoring the city’s significance in the pharmaceutical sector.

Their aggressive growth plans are a testament to Hyderabad’s growing influence in the pharmaceutical and science sector I am confident that Advent will continue to thrive in #Telangana, and we will continue to extend unwavering support to our industry partners in their growth endeavors posted it on X.

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