Piramal Alternatives Fund has entered into definitive agreements to invest upto Rs 185 crore (USD 22M) via convertible instruments in 3Gen Consulting, a leading healthcare consulting and revenue cycle solutions provider with presence in India and across USA.

The growth capital from the Piramal Alternatives Fund will be strategically utilised to expand 3Gen Consulting's service offerings across both existing and new customer segments, elevate brand recognition, strengthen market positioning, and explore inorganic growth opportunities.

Wodehouse Capital Advisors’ acted as the exclusive financial and strategic advisor for the transaction. This deal marks our third transaction in the last six months in the PE fund raise and M&A advisory.