Peepul Capital-backed Motherhood to invest over $15M to add new hospitals by FY17 | VCCircle
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Peepul Capital-backed Motherhood to invest over $15M to add new hospitals by FY17 

BY  Lohit Jagwani
Peepul Capital invested in Rhea Healthcare, which runs mother and child care hospitals under the brand Motherhood, in March this year.

Peepul Capital-backed Rhea Healthcare Pvt Ltd, which runs mother and child care hospitals under the brand Motherhood, is planning to invest upwards of Rs 100 crore to build five to seven hospitals in two-three years, a top company official told VCCircle.

“We plan to have eight to 10 Motherhood hospitals in our portfolio in 24 to 36 months. Each of them will be roughly 30 to 40 beds,” Rajagopal G, CEO of Rhea Healthcare, said.

At present the company has three hospitals located at Bangalore, Chennai and Hyderabad with a capacity of 30 beds each. Rhea Healthcare will expand in...

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