Manipal Health Enterprises welcomes new minority investors Mubadala, Novo Holdings, and CalPERS while maintaining majority ownership under Temasek, positioning the company for accelerated growth in India's expanding healthcare market.

Target Information

Manipal Health Enterprises (MHE), headquartered in Bengaluru, Karnataka, is a prominent player in India's healthcare sector. The company operates a network of over 30 hospitals across the country, catering to approximately 6 million patients each year. With a dedicated workforce of more than 5,000 doctors, MHE ranks as the second-largest hospital chain in India by bed count. The organization is renowned for its commitment to clinical excellence and a patient-centric approach, making it one of India's most respected healthcare networks.

Industry Overview in India

India's healthcare industry has undergone substantial transformation in recent years, propelled by an increasing demand for high-quality medical services. With a diverse population and varying healthcare needs, the demand for accessible, affordable, and efficient healthcare is more pressing than ever. The private healthcare sector, in particular, is anticipated to grow significantly, driven by rising incomes and the expansion of health insurance coverage.

The government has also initiated several reforms to enhance the healthcare infrastructure, creating opportunities for private investors to contribute to the expansion of services.