AltG's Investment Index - Indian Hospitals

By AltG Research On Behalf Of Poornima Vardhan And Taponeel Mukherjee

The Promise of Indian Healthcare

Indian healthcare has been an attractive destination for Private Equity investments. On August 16th, KKR, a New York-based private equity firm, sold its remaining 27.5% stake in Max Healthcare, a hospital chain in India, for INR 9,185 crores—registering a 5x return in four years. Today, Temasek acquired a majority stake in India's Manipal Health Enterprises at a valuation of ~$5Bn.

The healthcare private equity party has just started in India, and the next 15 years will see value creation of over $100 Billion market cap in healthcare businesses. For more information on how investors can generate market beating returns in India's $100 Billion Hospital Roll-Up Opportunity, read more here and here. Indian Hospital Industry Score: High FCF Growth, High Return Opportunity