Marengo Hospitals Plans INR 150 Cr Push into West India
The move will mark Marengo’s entry into Maharashtra and Rajasthan, as it doubles down on its North and West cluster strategy.
Marengo Asia Healthcare, the multi-specialty hospital platform backed by Samara Capital, the Havells Family Office, and the Godrej Family Office, is set to make a bold western foray with an INR 150 Cr investment.
The move will mark Marengo’s entry into Maharashtra and Rajasthan, as it doubles down on its North and West cluster strategy.
Currently operating 1,500 beds across four hospitals in Delhi NCR and Gujarat, Marengo aims to double capacity to 3,000 beds over the next 12 months through a mix of greenfield expansion and selective acquisitions.
“We will consolidate both North and West clusters. We are adding beds in Gujarat, and will soon make that announcement. We’re also evaluating assets across Maharashtra and Rajasthan,” said Raajiv Singhal, Founding Member, Group Managing Director & CEO of Marengo Asia Hospitals.
“This expansion will position us among the top leaders in the country’s healthcare sector.”
The INR 150 Cr infusion brings the group’s total capital deployed including equity, debt, infrastructure, and acquisitions to over INR 1,500 Cr to date.
Marengo’s growth playbook hinges on acquiring high-potential standalone hospitals while investing in clinical excellence and patient-centric care. The group’s past acquisition of W Pratiksha Hospital in 2023 and consistent infrastructure upgrades are part of its strategy to evolve into a next-gen healthcare platform.
The group is also focused on academic integration, positioning itself as a value-driven, pan-India hospital chain delivering accessible, high-quality care across regions.
