Bhatt says Vapi-based company plans to attract world-class talent
A wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) has entered into definitive agreements to invest US$200 million for a ~3% stake in Micro Life Sciences Private Limited (Meril), one of India’s leading medical devices companies with global ambitions https://www.bseindia.com/.
Sanjeev Bhatt, Senior Vice President – Strategy, Meril, said on 21 July, “This investment by ADIA reinforces confidence in Meril’s long-term vision and global ambitions. This investment will enable us to accelerate growth, attract world-class talent, and further strengthen our RCD and clinical research efforts as we work towards improving the quality of human life through advanced healthcare solutions https://www.nseindia.com/.”
Post this investment, Meril will be backed by two globally recognized investors, ADIA and Warburg Pincus.
This investment values Meril at an enterprise value of US$6.6 billion. The transaction is subject to regulatory approval by the Competition Commission of India (CCI).
Founded by the Bilakhia Group, Meril is a global innovator in medical technology (MedTech), with a strong focus on clinically advanced solutions across multiple specialties — including Cardiovascular, Structural Heart, Orthopaedics, Endo-surgery, In-vitro Diagnostics and Surgical Robotics.
Headquartered in Vapi, India, Meril operates state-of-the-art, vertically integrated, and globally certified manufacturing and RCD facilities, across a 100-acre sustainable MedTech campus. The company employs more than 13,000 people, has 35+ global subsidiaries, and serves healthcare systems in 150+ countries. Meril is committed to becoming the world’s leading MedTech company, powered 100% by green energy, reinforcing its commitment to sustainable innovation.
With a robust in-house global RCD ecosystem and a portfolio of 200+ technology platforms, Meril continues to lead in global clinical research and education. Breakthrough innovations such as the Myval Transcatheter Heart Valve (THV) series, MyClip Transcatheter Edge-to-Edge Repair (TEER) system, and the MISSO Surgical Robotic System highlight Meril’s dedication to next-generation innovation. Through its 12+ global training academies, Meril empowers over 10,000 healthcare professionals annually. Fiinews.com
