The hospital chain’s unique business model has made it the toast of the markets. Its prudence-first strategy now faces the tests of expansion and competition.
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With talks of a possible blockbuster IPO doing the rounds, the CEO gets candid about how India’s top hospital chain is planning the future.
Since the revision in GST rates and notices demanding payment of taxes with retrospective effect, the once thriving online gaming sector has been saddled with mounting losses and competition from illegal offshore platforms.
The hitherto little-known company has teamed up with Blackstone-backed Quality Care to create India’s third-largest hospital chain after Apollo and Manipal. But success will depend on how the new entity overcomes a set of unique challenges.