Mubadala Investment Company has disclosed its investment in Manipal Health Enterprises, with Singapore-headquartered Temasek retaining the majority stake.
Employing more than 5,000 doctors, Manipal is India’s second-largest hospital chain by the number of beds. The company serves around 6 million patients annually through more than 30 hospitals nationwide.
“Manipal is one of India’s leading healthcare networks, distinguishing itself through its commitment to clinical excellence, its strong patient-centric approach, and its impeccable standards of corporate governance,” said Camilla Macapili Languille, Head of Life Sciences at Mubadala. “Given the ever-increasing demand for high-quality hospital care across India, we look forward to supporting Manipal’s growth journey in the years ahead.”
Manipal was founded by Dr Ranjan Pai in 1991 and rapidly grew from its roots in Bangalore to build a pan-Indian presence.
