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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 Indias 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 companys 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 Pais MEMG Family Office Fund in March 202...
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