Warburg Pincus invests in Integrace Health

● GROWTH | HEALTHCARE · Healthcare Services & Devices

FEBRUARY 18, 2026

Warburg Pincus invests in Integrace Health (True North +1)

TARGET

Indian pharmaceutical company marketing 20+ branded formulations in orthopedics, pain management, and women's health to doctors across India.

Deal value	Rs 1,200 crore invested
Revenue	Rs 300 crore (FY26)
EBITDA	Rs 60-70 crore (FY26)
Ownership	PE-backed · True North; Temasek Holdings (prior owner); True North, Temasek Holdings
Capital raised	INR 540 crore
Headcount	819 FTEs
Headquarters	Mumbai, India
Leadership	Rehan A. Khan, Chief Executive Officer and Board Member Kedar Rajadnye, CEO
Sell-side advisor	—

INVESTOR

Warburg Pincus

Global private equity firm

Deal team	Himanshu Nema, Managing Director
Buy-side advisor	—

Share deal Copy details View press release ↗

Warburg Pincus -> Integrace Health  (2026-09-18)
growth_investment | Healthcare | Rs 1,200 crore | announced
Target: Indian pharmaceutical company marketing 20+ branded formulations in orthopedics, pain management, and women's health to doctors across India.
Website: integracehealth.com | Buyer site: warburgpincus.com
HQ: Mumbai, India | Ownership: pe-backed | Seller: True North; Temasek Holdings
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/warburg-pincus-integrace-health.html

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