Ankura Hospitals Secures INR 165 Cr Funding from Asian Development Bank for Expansion
Before this, Ankura Hospitals had raised $17.8 million, with its largest funding of $8.31 million coming from private equity firm InvAscent in July 2019.
Hyderabad-based Ankura Hospitals, a leading super-specialty provider of tertiary and quaternary care services, has secured an INR 165 Cr investment from the Asian Development Bank (ADB).
This funding will support the hospital chain's expansion plans and strengthen its market presence across India.
Prior to this round, Ankura Hospitals had raised $17.8 million, with its most significant funding of $8.31 million coming from private equity firm InvAscent in July 2019.
Ankura Hospital's Expansion Strategy
The hospital chain aims to establish state-of-the-art healthcare facilities in key cities to enhance pediatric, maternity, and gynecology services.
According to Dr Krishna Prasad Vunnam, founder and managing director of Ankura Hospitals, the ADB's financial support will enable the organization to expand its facilities and reach more families in need of specialized care.
With 1,500+ beds across 14 hospitals in Telangana, Andhra Pradesh, Maharashtra, and Odisha, Ankura Hospitals specializes in maternity, gynecology, and pediatric care.
It offers services such as normal and cesarean deliveries, fertility treatments, high-risk obstetrics, and advanced laparoscopic surgeries for gynecological conditions.
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