WOOING METROPOLIS
Business Today India|September 04, 2022
POTENTIAL STRATEGIC INVESTORS ARE BUZZING AROUND METROPOLIS HEALTHCARE. WHAT MAKES IT SUCH AN ATTRACTIVE PROPOSITION?
NEETU CHANDRA SHARMA
WOOING METROPOLIS

IN THE RACE

Gautam Adani along with Chennaiheadquartered Apollo Hospitals is reportedly eyeing a stake in Metropolis

Amazon and Flipkart, too, are potential strategic investors that are believed to have signed non-disclosure agreements with Metropolis

G.S.K. Velu, Founder of Trivitron Healthcare, is also reportedly in the fray, and talking to investors, PE funds and banks to raise money for the bid

METROPOLIS HEALTHCARE IS in a sweet spot. No sooner had it indicated that it was looking for strategic partners to grow its business, than it saw investors lining up to partner or buy a stake in the fast-growing diagnostics company.

Major companies across sectors are understood to have shown interest in buying stake in Metropolis. The list, sources say, includes names such as Apollo Hospitals along with the Adani Group, Amazon, Flipkart and Trivitron Healthcare, a medical technology firm.

What makes Metropolis attractive to investors? “The company is in good standing among the medical fraternity in India,” says Dr Arvind Lal, Chairman and Managing Director of Dr Lal PathLabs, a diagnostics and healthcare testing chain that competes with Metropolis. “On the whole, there is great interest in healthcare companies in India and Metropolis fits the bill eminently.”

Bu hikaye Business Today India dergisinin September 04, 2022 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Today India dergisinin September 04, 2022 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS TODAY INDIA DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
"IF ANYONE WANTS TO INVEST, COME TO HYDERABAD"
Business Today India

"IF ANYONE WANTS TO INVEST, COME TO HYDERABAD"

Telangana CM Revanth Reddy's global ambitions, AI, green energy, and how Hyderabad is positioning itself as a premier business and innovation hub

time-read
2 dak  |
February 16, 2025
Where Food Meets Magic
Business Today India

Where Food Meets Magic

THE FOOD AT THE ROCA BROTHERS' RESTAURANT IN GIRONA TRANSCENDS THE ORDINARY TO BECOME PURE MAGIC

time-read
4 dak  |
February 16, 2025
"INDIA SHOULD CONSIDER LAND POOLING MODEL"
Business Today India

"INDIA SHOULD CONSIDER LAND POOLING MODEL"

Andhra Pradesh (AP) minister Nara Lokesh talks about what governments can learn from the state about overcoming the land availability challenge

time-read
1 min  |
February 16, 2025
Breaking Barriers: The Extraordinary Journey of Pulkit Prakash
Business Today India

Breaking Barriers: The Extraordinary Journey of Pulkit Prakash

In an era where success often seems predetermined by privilege, Pulkit Prakash's journey from modest beginnings to legal eminence challenges conventional narratives. His remarkable transformation into the founding partner of Niti Bodh, a prestigious law firm, demonstrates how unwavering determination can reshape destinies.

time-read
2 dak  |
February 16, 2025
"Keep the company's imperatives in mind first"
Business Today India

"Keep the company's imperatives in mind first"

Westlife Foodworld Limited is a fast food restaurant holding company

time-read
1 min  |
February 16, 2025
Beyond the Scalpel: How Dr. Unmesh Takalkar Revolutionized Healthcare in Central Maharashtra
Business Today India

Beyond the Scalpel: How Dr. Unmesh Takalkar Revolutionized Healthcare in Central Maharashtra

In an era where medical excellence often leads to overseas opportunities, one doctor chose a different path - transforming his homeland's healthcare landscape instead of seeking personal fortune abroad. Dr. Unmesh Vidyadhar Takalkar's journey from a bright medical student to a pioneering healthcare visionary in Marathwada stands as a testament to the power of purpose-driven leadership.

time-read
2 dak  |
February 16, 2025
"Fils WILL MAKE A COMEBACK, MAYBE THIS YEAR"
Business Today India

"Fils WILL MAKE A COMEBACK, MAYBE THIS YEAR"

Veteran investor Madhusudan Kela, Founder of MK Ventures, on Union Budget 2025-26, the future trajectory of the market, the Indian economy and more

time-read
7 dak  |
February 16, 2025
"TAX CUT TO PUT MONEY INTO PEOPLES' HANDS"
Business Today India

"TAX CUT TO PUT MONEY INTO PEOPLES' HANDS"

Tuhin Kanta Pandey, Finance and Revenue Secretary, and Arunish Chawla, Secretary of DIPAM, explain the macro philosophy of the Budget

time-read
2 dak  |
February 16, 2025
A BONANZA FOR THE MIDDLE CLASS
Business Today India

A BONANZA FOR THE MIDDLE CLASS

THE GOVERNMENT INCREASED THE TAX EXEMPTION LIMIT TO 12 LAKH AND REVISED RATES LOWER UNDER THE NEW TAX REGIME IN THE BUDGET FOR FY26. WITH A NEW INCOME TAX BILL ON THE WAY, WHAT DO THE MEASURES MEAN FOR TAXPAYERS?

time-read
6 dak  |
February 16, 2025
Expect Private Investment Cycle To Pick Up
Business Today India

Expect Private Investment Cycle To Pick Up

The government's budgetary strategy focusses on modification and moderation, a fine balance between the long term and the short term

time-read
3 dak  |
February 16, 2025