Red Fort Capital, a renowned global investment platform, has made its foray into the Indian healthcare sector by sponsoring Pancham Hospitals Private Limited, a prominent super specialty healthcare provider situated in Ludhiana, Punjab. This cash is expected to boost Pancham Hospital’s growth ambitions and the region’s expansion of healthcare services.
Pancham Hospital, which has been in the field for over ten years, is known for providing high-quality healthcare services, notably in Cardiac Sciences, and is equipped with cutting-edge medical equipment and a highly skilled team of doctors and medical experts.
The money from Red Fort Capital is expected to significantly increase Pancham Hospital’s growth plans. The funds will be used to improve the hospital’s medical infrastructure, introduce new specialisations and technology, and extend its services in order to meet the region’s growing demand for high-quality, low-cost healthcare.
Parry Singh, Chairman and CEO of Red Fort Capital, expressed his pleasure in announcing the partnership with Pancham Hospital, said “We believe Pancham Hospital, under the able guidance of Dr. RP Singh, has the potential to become a top healthcare institution in North India.”
Dr. RP Singh, Chief Cardiologist, and Managing Director of Pancham Hospital expressed his excitement about the funding from Red Fort Capital, stating that “It will help enhance our medical infrastructure, expand our specialties and services, and meet the growing demand for quality healthcare in the region. We look forward to working with Red Fort Capital and leveraging our expertise to achieve our growth plans.”
Red Fort Capital is a well-known financial firm with a proven track record of investing in India across a wide range of industries, including FMCG, Manufacturing, Industrial Parks, EPC, Food Processing, and Real Estate. The firm has invested in multiple high-profile projects around the country, managing assets worth more than $5 billion, and has a thorough understanding of the Indian industry. Its skilled personnel specialise in managing complex investments.
This investment signals Red Fort Capital’s foray into the Indian healthcare sector. The firm seeks to invest in firms that have great growth potential and are well-positioned to capitalise on market possibilities.
Also Read | Red Fort Capital invests INR 100 million in KTPL, India’s largest nutmeg processing company
Pancham Hospital is positioned for additional expansion and growth with new funding from Red Fort Capital, as it continues to provide high-quality healthcare services to the region. The collaboration between Red Fort Capital and Pancham Hospital is projected to benefit the healthcare industry in North India by increasing access to quality healthcare for the local community.
Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/
