Business

Ankura Hospitals Secures Major Rs 165 Crore Investment from Asian Development Bank for Expansion

HYDERABAD: A Leap Forward for Healthcare in India

In a significant boost to its expansion plans, Ankura Hospitals, a Hyderabad-based leader in super-specialty tertiary and quaternary care services, has successfully secured a Rs 165 crore funding from the Asian Development Bank (ADB). This marks a pivotal moment in the hospital chain's journey towards enhancing healthcare accessibility across India.

Dr Krishna Prasad Rao Vunnam, founder & managing director, Ankura Hospitals

Prior to this landmark investment, Ankura Hospitals had raised $17.8 million, with the largest round being $8.31 million in July 2019 from private equity firm InvAscent. The latest funding is a testament to the hospital's robust growth trajectory and its commitment to revolutionizing healthcare services in the region.

Strategic Expansion and Enhanced Services

The infusion of capital is earmarked for the establishment of state-of-the-art facilities in key cities across India, with a focus on expanding pediatric, maternity, and gynecology services. Dr Krishna Prasad Vunnam, founder & managing director of Ankura Hospitals, emphasized the transformative potential of the ADB's investment in reaching more families and elevating the standard of care.

With over 1500 beds across 14 hospitals in states including Telangana, Andhra Pradesh, Maharashtra, and Odisha, Ankura Hospitals is at the forefront of offering comprehensive care in maternity and gynecology. The chain is renowned for its advanced surgical solutions, including laparoscopic surgeries and treatments for various gynecological conditions, alongside normal deliveries, cesarean sections, and fertility treatments.