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Novena Global Lifecare gets US$20m in funding, joins US$150m investment fund with partners

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SINGAPORE'S Novena Global Lifecare has bagged US$20 million in investment from Sinopharm Capital and Cedarlake Capital Group. Read more at The Business Times.

Meanwhile, Cedarlake Capital is an international private equity firm that specialises in cross-border investment and advisory.

It currently has over 250 clinics and sales locations across 20 countries. One of its key brands is NOVU Aesthetics. This is by focusing on building partnerships, acquisitions, investments and collaborations to create a pan-Asian holistic medical ecosystem that will improve the wellness healthcare of consumers across Asia. One example is Vietnam, which has a growing middle class.

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