Multiple Private Equity News Today

Manipal Health, the second largest chain with 9,500 beds and 33 hospitals in 17 cities, plans to invest about ₹1,500 crore to add 1,400 beds in the next two quarters. Market leader Apollo, which currently operates 10,000 beds, has a target to add 2,400 beds during fiscal 2025-27.

Other than Manipal Hospitals, Sheares is also an investor in the Kolkata-based hospital chain Medica Synergie, while Temasek holds a 16% stake in Global Health, the operator of Medanta Hospitals.

Prior to the deal, Sheares Healthcare India, an existing shareholder in Manipal Health Enterprises, held around 18 percent stake. Sheares manages a portfolio of healthcare delivery assets for Singapore-headquartered investment major Temasek.

Singapore owned by the government fund Temasek Holdings has acquired Indias allowing the hospital chain Manipal Health...

The Indian startup ecosystem managed to raise around $1.4 Bn across 56 deals this week, which is 102% higher than the last week’s $724 Mn