Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
N. Ravi Kumar

Asia Healthcare Holdings to acquire majority stake in Asian Institute of Nephrology and Urology for ₹600 crore

Single specialty healthcare delivery platform Asia Healthcare Holdings (AHH) is acquiring a majority stake in Asian Institute of Nephrology and Urology (AINU) for ₹600 crore.

The investment in AINU, which operates seven hospitals across Hyderabad, Visakhapatnam, Siliguri and Chennai, will be made through a mix of primary and secondary infusion, AHH said in a release on September 20, without specifying the stake being acquired.

It marks TPG Growth and Singapore’s sovereign wealth fund GIC-backed investing and operating healthcare platform’s foray into urology and nephrology segment. AHH, launched in 2017, owns and operates Motherhood Hospitals network of 23 women and children’s hospital across 11 cities and Nova IVF Fertility chain of 68 IVF centres in 44 cities in India and South Asia. It also built oncology hospital chain CTSI before exiting the company in 2019.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.