Medical diagnostics company Thyrocare Technologies has sold approximately 30% stake to private equity company Cx Partners for Rs 188 crore, A Velumani , founder and chief executive of the company told ET. The additional funds will enable the company to expand into radiology diagnostics like CT Scans and magnetic resonance imaging, or MRIs, he said. These equipments require substantial capital investment unlike clinical chemistry like blood analysis. Dr Velumani said investment will start with Rs 80 crore being spent on a new centre in Navi Mumbai, at the outskirts of Mumbai. The company already has its largest centre in Navi Mumbai where all samples collected at its 570 franchises, around India, are tested and resent. As part of the equity sale, Ajay Relan, founder of Cx Partners and Vivek Chhachhi, partner at the private equity firm will become board members of Thyrocare. […]