The investment aligns with the hospital chain’s vision of enhancing accessibility to high-quality pediatric, maternity and gynaecology services across India
Ankura Hospitals, a leading Hyderabad-based super-speciality healthcare provider, has secured Rs 165 crore in funding from the Asian Development Bank (ADB) to support its expansion and strengthen its market presence. The investment aligns with the hospital chain’s vision of enhancing accessibility to high-quality pediatric, maternity and gynaecology services across India.
According to an Economic Times report, the funding will be utilised to establish new state-of-the-art facilities in key cities, allowing the healthcare provider to reach more families with specialised medical care. An expert commented that this financial backing would enable Ankura Hospitals to scale up its operations, upgrade infrastructure and expand its network of hospitals.
Ankura Hospitals specialises in super-speciality tertiary and quaternary care services for women and children. The hospital chain currently operates 14 hospitals with over 1,500 beds across Telangana, Andhra Pradesh, Maharashtra and Odisha. It offers a comprehensive range of services, including normal deliveries, cesarean sections, fertility treatments, high-risk obstetrics and advanced gynaecological surgeries such as laparoscopic procedures.
Before this funding round, Ankura Hospitals had raised $17.8 million, the largest round being $8.31 million in July 2019 from private equity firm InvAscent.
With this latest investment, the hospital chain aims further to solidify its presence in India's healthcare sector ensuring that high-quality medical services are more widely accessible to women and children across the country.