Novo Holdings A/S has acquired a significant minority stake in Surya Hospitals, the largest private women’s and children’s specialty hospital chain in Western India. This investment underscores Novo Holdings’ continued commitment to building scaled, high-quality healthcare platforms in India. Novo Holdings’ investment will support Surya Hospitals’ next phase of growth, including the expansion of its footprint across Western India, continued buildup of the clinical infrastructure, and the strengthening of its specialist medical teams. The partnership brings together Surya’s well established clinical leadership with Novo Holdings’ long-term, engaged ownership approach and connectivity across a global healthcare ecosystem.
Trilegal advised Novo Holdings A/S on all aspects of the transaction, including legal due diligence on Surya Hospitals, structuring of the proposed transaction, negotiations, drafting and finalisation of the transaction documents, and assistance with execution as well as pre-closing and closing matters.
The Trilegal Corporate Team advising on the matter was led by Partners: Abhishek Guha and Tanya Uppal; and supported by Associate: Vijay Chawla.
About Trilegal:
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With over 150 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,200 professionals across Mumbai, Delhi, Bengaluru, and Gurugram offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024, Law Firm of the Year by Deal Volume at the VCCircle Awards in 2024.
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