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senior living: KITES Senior Care and Columbia Pacific Communites set to merge for one of India s largest senior living firms

Columbia Pacific Communites is set to merge with Kites Senior Care, forming one of India s largest senior living firms. The merger is expected to benefit Columbia Pacific Communities, which has a net worth of over Rs 25 crore. The merger is expected to boost the company s bed capacity to over 1,000 within the next six quarters. Kites Senior Care, a leading provider of out-of-hospital geriatric care services, secured an investment of Rs 45 crore from Ranjan Pai s MEMG Family Office Fund in March 2024.

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