Medanta

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Medanta
TypePrivate
IndustryHealthcare
Founded2009; 12 years ago (2009)
FounderNaresh Trehan
HeadquartersGurgaon, Haryana,
India
Areas served
India
Services
  • Hospitals
  • Clinics
Websitewww.medanta.org

Medanta is an Indian chain of multi-specialty medical institutes based in Gurgaon in the National Capital Region of India.[1][2] Medanta was started in 2009 with one institute, Medanta - The Medicity in Gurgaon, with cardiac surgeon Naresh Trehan[3] as its main director along with co-founder Sunil Sachdeva. The chain has since expanded its outreach to other cities including Delhi, Lucknow, Indore, Ranchi and Patna.[4][5]

Investors[]

US-based PE firm Carlyle Group acquired a 27% stake in Medanta from US-based Avenue Capital Group in 2013 at a valuation of US$600 million (Rs 3,540 crore in 2013).[6] In 2015, Singapore-based Temasek Holdings purchased a 18% stake from Punj Lloyd. Trehan and his family, along with Sachdeva, own the remaining stake in Medanta.[7]

References[]

  1. ^ "Gurgaon hospital scores a first with robotic surgery It is now being replaced by a 5 star hotel made by Manipal hotels". The Times of India. 20 November 2010. Archived from the original on 30 December 2013. Retrieved 24 April 2012.
  2. ^ "Medanta has no effect on competitors". Sify. 11 March 2010. Archived from the original on 7 March 2014. Retrieved 23 April 2013.
  3. ^ "Magic of Medanta". Financial Express. 19 July 2010. Retrieved 23 April 2013.
  4. ^ [1]
  5. ^ "Medanta has no effect on competitors". Sify. Archived from the original on 7 March 2014. Retrieved 25 November 2014.
  6. ^ Balakrishnan, Reghu; PM, Indulal (27 May 2019). "Manipal Hospitals to buy Medanta in Rs 5,800 crore deal". The Economic Times. Retrieved 3 October 2019.
  7. ^ "TPG Capital-Manipal set to seal Medanta deal". mint. 12 June 2019. Retrieved 26 November 2020.

External links[]

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