Global private equity giant Blackstone will buy a majority stake in India’s Hyderabad-based Care Hospitals marking the firm’s entry into the country’s healthcare services sector. The deal is valued at $1 billion.
Blackstone has also facilitated a further acquisition. Through its investment, Care Hospitals will acquire a majority stake in KIMSHEALTH, another prominent Indian hospital chain based in the state of Kerala. The double deal will create one of India’s most extensive hospital platforms, boasting 23 facilities and over 4,000 beds spread across 11 cities. The combined value of both transactions is estimated to be in the range of $1.3 billion to $1.5 billion.
“Life sciences is a key investment theme for Blackstone and we plan to bring in our global scale and operating expertise,” said Ganesh Mani, managing director at Blackstone Private Equity.
Blackstone aims to enhance physical and medical infrastructure, drive technological advancements, and offer specialized care services.
These deals serve as a testament to the enormous potential of India’s healthcare industry, further accentuating the increasing interest of international investors in this sector.
Last updated: December 26th, 2025
