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Apollo Hospitals Enterprise provides updates on subsidiary

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Capital Market

Apollo Health and Lifestyle plans to raise funds to fund expansion

Apollo Hospitals Enterprise announced that its subsidiary Apollo Health and Lifestyle (AHLL)has undergone a significant expansion in the past 3 years and has plans for continued growth and expansion over the next 5 years. AHLL is planning to invest upto Rs. 500 crore to fund the growth of the business. Apollo Health & Lifestyle has plans to invite Private equity investors to participate in this growth opportunity.

AHLL operates a network of primary care and specialty care formats across India. In the primary care space, it currently has 5 formats - Apollo Clinics, Apollo Sugar, Apollo Diagnostics, Apollo White and Apollo Dialysis. It also has Apollo Cradle and Apollo Spectra Hospitals in its portfolio.

 

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First Published: Oct 08 2015 | 6:23 PM IST

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