The private equity-fuelled Indian hospitals’ gold rush

Large and small private hospital owners are cashing in by selling to private equity investors, who plan to cash out big by selling to larger companies or public market investors.

The Indian hospital landscape is undergoing a tectonic shift. The sector has reportedly seen investments worth $4 billion this year, and more deals are in the works.

Consider this. 

  • Hyderabad-based Omega Hospitals has initiated talks with Morgan Stanley and others to divest a minority stake. 
  • Renova Hospitals, also headquartered in Hyderabad, is looking for both debt and equity funding, according to two people in the know who requested anonymity. 
  • Pune-based Lokmanya Hospitals and Gujarat-based Sunshine Global Hospitals are also looking for buyers, say the two people cited above. 
  • In July, VCCircle had reported that Kerala-based Baby Memorial Hospital was in …


Anuj Suvarna

Anuj covered all things startups and venture capital at The Morning Context. Previously, he worked at VCCircle, where he covered healthcare and private equity. Anuj studied mass communication at the Manipal Institute of Communication and before journalism, he operated a bar in Udupi.