Synopsis The investment, made through its NIIF Strategic Opportunities Fund (SOF), the direct private equity fund of NIIF, marks SOF’s first investment in the Indian healthcare sector. Agencies Manipal Hospitals, headquartered in Bengaluru, has a major presence across India with 15 hospitals and a key focus on tertiary and quaternary care. India's quasi sovereign wealth fund - National Investment and Infrastructure Fund Limited (NIIFL) has invested Rs 2,100 crore in Manipal Hospitals, one of India’s largest multi-speciality healthcare provider. The investment, made through its NIIF Strategic Opportunities Fund (SOF), the direct private equity fund of NIIF, marks SOF’s first investment in the Indian healthcare sector.