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