RSS FeedManipal Health Systems Receives $20 Million From IDFC Private Equity
Thu, 06/29/2006 - 19:43 — Sahad P V
Manipal Health Systems, a premier south Indian healthcare company, has received an investment of Rs 90 crore ($20 million) from IDFC Private Equity Fund II. The group manages 3 tertiary care hospitals, 8 secondary care hospitals and 9 primary care centres in south India.
The funds will be used to expand its network beyond the south, the company said in a formal joint announcement with IDFC Private Equity. "We are looking at setting up facilities in centres like Delhi and Mumbai, " R Basil, CEO, Manipal Health Systems said.
Go to article in Business Standard.
