Asia Healthcare Holdings ( AHH), which runs a specialty hospitals focused healthcare platform, has received$ 150 million of backing GIC, Singapore’s sovereign wealth fund.
Following GIC’s initial$ 170 million investment in AHH in February 2022, alternative asset manager TPG even supports AHH.
Bangalore-headquartered AHH has invested roughly$ 300 million across hospital chains in Oncology, Mother &, Childcare, Urology &, Nephrology, and IVF &, Fertility under nursery specialist.
AHH’s platform includes Motherhood Hospitals, Nova IVF, and Asian Institute of Nephrology &, Urology ( AINU) hospitals. The largest network of Neonatal Intensive Care Units ( NICUs ) is part of the pan-India chain of mother and child hospitals that provide services for women from pre-conception to post-birthing care for both children and children.
Nova, a leading ovulation company, offers best-in-class IVF treatments in South Asia. India’s even network of cardiac and nephrology specialty hospitals with advanced urology care, including mechanical surgery and cutting-edge nephrology procedures, is India’s only Urology & Nephrology specialty hospital network.
” We started AHH as a care delivery system that would invest, enhance and increase single niche enterprises under one holding organization”, said Vishal Bali, executive chairman, AHH, in a statement. Our distinguished purchase strategy has since created significant growth opportunities to address India’s healthcare services demand/supply gap.
Looking back, we continue to discover significant growth potential for single-specialty healthcare delivery companies. AHH’s unique running type and the synergies we can use from the platform’s level may enable us to recreate our achievement across the new areas we bring under our fold. GIC and TPG Growth’s long-term devotion to AHH is the precursor to expand our growth”, Bali added.
Dah Yong Cheen, chief investment officer of secret capital, GIC, noted:” As a long-term trader, we are confident in India’s second specialty healthcare sector, which has powerful tailwinds for growth driven by increasing per capita income, urbanisation, higher awareness of specialty care, and improved supply of high-quality clinics. Its potential to grow into new sub-segments makes AHH well suited for continued success.
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