The funds will be used to deepen its presence in cities like Bengaluru, Hyderabad, Chennai, while also facilitating expansion into three additional cities across Southern India, the company said.
Services that provide seniors short stays away from home are on the rise in Chennai thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
After pocketing $1 billion from sale of stake in hospital chain Manipal Health Enterprises to Temasek, healthcare and education tycoon Ranjan Pai sees niche in deploying “confidence capital” to entrepreneurs through new family office.
India Business News: BENGALURU: Billionaire Ranjan Pai's family office is pumping Rs 1,000 crore for about an 18% stake in API Holdings, the parent entity of online pharma.