Creador affiliate invests RM180mil in India hospital chain


PETALING JAYA: Commelina Ltd, an affiliate of Creador III LP, is investing RM180mil for a minority stake in a North Indian hospital chain Paras Healthcare Pvt Ltd.

Incorporated in 2006 by Dr Dharminder Nagar, Paras operates five hospitals with a total of 730 beds, offering secondary and tertiary care services, Creador said in a statement yesterday.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Creador , hospital , India

   

Next In Business News

Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs
UK firms told to ‘urgently review’ green claims
Axis-REIT to sell Johor asset for RM162mil

Others Also Read