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stance health secures funding to enhance musculoskeletal care in india
Stance Health has secured $1 million in pre-seed funding to enhance musculoskeletal care in India, led by General Catalyst with participation from notable investors. The funding will support the development of a technology platform and the expansion of multidisciplinary MSK centres, aiming to standardize care and improve patient access through a structured, tech-driven model. With over 12,000 sessions conducted in just eight months, the company is focused on increasing its reach and delivering high-quality MSK care.
Aster DM Healthcare merger to enhance market position and drive growth
Aster DM Healthcare's Deputy Managing Director, Alisha Moopen, announced that the merger with Quality Care India Ltd, backed by Blackstone and TPG, will be EPS accretive from the first year. The combined entity aims to achieve 13,300 beds by FY27 and is confident in navigating competition from major players like Apollo and Manipal Hospitals. Moopen emphasized the merger's potential to establish micro-market leadership in key regions.
mergers and acquisitions roundup ipsos audi aster dm healthcare and more
Ipsos is preparing a binding offer to acquire Kantar's TV audience data business. Qatar's sovereign wealth fund has purchased a significant minority stake in Audi's Formula 1 team, while Aster DM Healthcare will merge with Quality Care India. Other notable deals include TI Fluid's £1.04 billion takeover by ABC Technologies and Fortress Investment Group's acquisition of Loungers for £350.5 million.
mergers and acquisitions roundup aster dm healthcare and others in focus
Aster DM Healthcare will merge with Blackstone-backed Quality Care India, enhancing its competitive position against Apollo and Manipal Hospitals. TI Fluid has agreed to a £1.04 billion takeover by ABC Technologies, while a German cement maker is acquiring Giant Cement Holding for $600 million. Reliance Industries has purchased a 21% stake in Wavetech Helium for $12 million, and Macquarie is offering £700.9 million for Renewi. Fortress Investment Group plans to acquire Loungers for approximately £350.5 million.
Aster DM Healthcare and Quality Care India merge to create top hospital chain
Aster DM Healthcare and Quality Care India have merged to create one of India's top three hospital chains, enhancing their combined capacity to over 10,150 beds. The new entity, with joint control held by Aster promoters and Blackstone, aims to set new standards in patient care and clinical outcomes. Dr. Azad Moopen will continue as Executive Chairman, driving growth and innovation in the healthcare sector.
bangladesh visa halt significantly impacts india's medical tourism revenue
India's medical tourism revenue has significantly declined following the halt of visas for Bangladeshi nationals amid political turmoil. Major hospitals reported a 25-40% drop in Bangladeshi patient volume, with Apollo Hospitals noting a 15% decrease in overall international revenue. Despite a recovery in patient flow, it remains below last year's peak levels, with the Indian government currently issuing only emergency visas for Bangladeshis.
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