Medway Hospitals secured its first round of institutional equity funding of $5 million from a round led by Kyra Ventures, and family offices.
The Chennai-based multi-specialty hospital chain Medway operates eight facilities with 500 beds in Tamil Nadu and Seemandhra, with each unit having around 50-100 beds.
This investment will help accelerate expansion plans and reach 1,000 beds by 2026, its Chairman Dr T Palaniappan said on Thursday.
Add us to your Preferences
Set as your preferred source on Google
ADVERTISEMENT
RECOMMENDED FOR YOU
UP Liquor Exports Set To Cross 1,000 Million Litres By 2026: Industry Body
Aug 27, 2025
JPMorgan To Pay $330 Million To Malaysia To Settle 1MDB Claim
Aug 22, 2025
‘Worst Is Behind Us’: Nestle Sees Urban Recovery Lifting Growth
Jul 28, 2025
Tata Steel UK Begins Construction Of Green Steel Project In Port Talbot
Jul 14, 2025
POPULAR
1
Vaishno Devi Landslide: Adityanath Announces Rs 4 Lakh Ex Gratia For Victims From UP
2
UP Liquor Exports Set To Cross 1,000 Million Litres By 2026: Industry Body
3
IATA Proposes Higher Age Limit Of 67 Years For Pilots Operating Commercial Flights
4
Delhi Traders See US Tariff Hike As Temporary Setback, Urge Support For Exports
5