मणिपाल हेल्थ ने अपना मलेशियाई अस्पताल रामसे सिमे डार्बी हेल्थकेयर को बेचा business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
NIIFL invests â¹2,100 cr in Manipal Hospitals The funding comes close on the heels of billionaire entrepreneur Ranjan Pai-led Manipal Hospitals acquiring Columbia Asia Hospitals in India for â¹2,100 crore last November.
Image: Narendra Bisht
Indiaâs sovereign wealth fund, the National Investment and Infrastructure Fund Limited (NIIFL), on Thursday said that it has invested â¹2,100 crore in Bengaluru-headquartered Manipal Hospitals through its private equity fund NIIF Strategic Opportunities Fund (SOF), its first investment in the Indian healthcare sector.
The deal comes close on the heels of billionaire entrepreneur Ranjan Pai-led Manipal Hospitals acquiring Columbia Asia Hospitals in India for â¹2,100 crore last November, making it the countryâs second-largest hospital chain after Chennai-based Apollo Hospitals.
Photograph by Maneesh Agnihotri
Dr Sandeep Budhiraja, Group Medical Director, Max Healthcare, joined the Analjit Singh-promoted hospital chain in January 2001 as a founder member. I have seen the growth of Max, which started as a small ambulatory care centre at Panchsheel Park in New Delhi, says Budhiraja. The veteran doctor now works under a new Chairman and Managing Director, 46-year-old Abhay Soi, formerly a turnaround and restructuring specialist with firms, including Arthur Anderson, EY and KPMG. We are now the most profitable and fastest-growing healthcare company in India and the second largest in terms of revenue, says Soi.
Veteran healthcare professional Dilip Jose was advising TPG Capital for close to two years, before taking over as Managing Director and CEO of Manipal Health Enterprises (MHEL) in early 2018. Prior to that, he was Group CEO at Hyderabad-based Care Hospitals. Now his former employer Care Hospitals has a new owner, Dubai-based private equity investor
Consolidation in Healthcare- Business News origin-businesstoday.intoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from origin-businesstoday.intoday.in Daily Mail and Mail on Sunday newspapers.
Read more about We ll soon be giving 20,000 Covid jabs a day: MD-CEO of Manipal Health on Business Standard. In a Q&A, Dilip Jose says his chain of 16 hospitals currently is adopting a look-east, look-west policy to enhance its reach