Health
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Opportunity India Desk Nov 07 2023 - 3 min readRegency Health, a hospital chain, announced on Tuesday that it has secured an investment of INR 450 crore from Norwest Venture Partners. In light of this fresh infusion of funds, the company has outlined ambitious plans to expand its bed capacity to 2,300 by 2027, particularly strengthening its presence in Uttar Pradesh.
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Himanshu Rawat Nov 06 2023 - 5 min readIn a rapidly evolving healthcare landscape, the integration of artificial intelligence (AI) has emerged as a transformative force. The World Health Organization (WHO) has recognized the immense potential of AI in healthcare and recently outlined key regulatory considerations to ensure its responsible implementation. Transparency and documentation, risk management, data validation and clear communication ...
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Opportunity India Desk Oct 31 2023 - 3 min readPrivate equity giant Blackstone has taken control of a majority stake in CARE Hospitals, previously owned by Evercare, a division of TPG RISE funds. Additionally, CARE Hospitals has formalized an agreement to acquire a majority stake in KIMS Health. The strategic move is set to establish one of India's largest hospital networks, including ...
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Opportunity India Desk Oct 26 2023 - 2 min readQuality Care India Limited (QCIL), a hospital platform owned by private equity fund Blackstone, has entered into an agreement to acquire KIMS Health Management (KHML), a prominent hospital chain of Kerala. The deal values KHML at INR 3,300 crore (USD 400 million). QCIL, which operates the CARE Hospitals network, is jointly ...
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Opportunity India Desk Oct 16 2023 - 7 min readAmidst the backdrop of the Covid 19-induced lockdown, a distressing situation unfolded as Courtney's four-year-old son, Alex, began to suffer from agonizing pain and exhibited stunted growth. A three-year-long battle involving consultations with 17 doctors left them without a conclusive diagnosis. Faced with a lack of clarity regarding her son's condition, Courtney turned ...
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