Medway Hospitals raises USD 5 million
- Country:
- India
Medway Hospitals secured its first round of institutional equity funding of USD 5 million from a round led by Kyra Ventures, and family offices. The Chennai-based multi-specialty hospital chain Medway operates eight facilities with 500 beds in Tamil Nadu and Seemandhra, with each unit having around 50-100 beds.
This investment will help accelerate expansion plans and reach 1,000 beds by 2026, its Chairman Dr T Palaniappan said on Thursday.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Tamil Nadu
- Chennai
- Kyra Ventures
- Seemandhra
- Medway Hospitals
- Dr T
- Medway
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