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Hospitals

South Asian funds are seeking more appointments than ever with Indian hospitals

Tired of all the seedy hospital stories? Here’s one with a difference: Led by regional moneybags, India’s organised healthcare providers are attracting funds in record quantities.
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anujgupta
29 May 2018 5 Mins Read 1 comments
Medanta Medicity is among the top recipients of PE/VC funding; Soltan Frédéric via Getty Images Getty Images
Medanta Medicity is among the top recipients of PE/VC funding; Soltan Frédéric via Getty Images
Don’t let a certain hospital’s corporate-governance nightmares colour your views. India's organised healthcare sector at large is in the pink of health and is reeling in foreign moneybags like never before. According to the Department of Industrial Policy & Promotion, between April 2000 and December 2017, INR28,963.6 crore came into the hospital and diagnostic business through foreign
we will not touch a company with corporate-governance issues," says Daga of TPG. "[However,] if it is a buyout, we have to assess the risk of whatever has happened in the past, and then make sure we clean up everything on day zero when we come in." ( Clarification: A quote from Mitesh Daga has been edited for accuracy.)
Don’t let a certain hospital’s corporate-governance nightmares colour your views. India's organised healthcare sector at large is in the pink of health and is reeling in foreign moneybags like never before. According to the Department of Industrial Policy & Promotion, between April 2000 and December 2017, INR28,963.6 crore came into the hospital and diagnostic business through foreign we will not touch a company with corporate-governance issues," says Daga of TPG. "[However,] if it is a buyout, we have to assess the risk of whatever has happened in the past, and then make sure we clean up everything on day zero when we come in." ( Clarification: A quote from Mitesh Daga has been edited for accuracy.)

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