Aster DM Healthcare

Aster DM Healthcare Launches Tele-ICU Services for Healthcare Access in Remote Areas August 23, 2024 Aster DM Healthcare plans to expand its Tele-ICU services by partnering with small and medium-sized hospitals in Tier 2 and Tier 3 cities across India.

Aster DM & Care Hospitals' Merge to Form Aster DM Quality Care August 12, 2024 Azad Moopen, the founder of Aster DM Healthcare, is expected to assume the role of Executive Chairman.

Olympus Capital Asia Sells INR 1,530 Cr Stake in Aster DM Healthcare June 25, 2024 Hong Kong-based investment firm Olympus Capital Asia has divested a significant portion of its holdings in Aster DM Healthcare, amounting to approximately INR 1,530 Cr.

Aster DM to Add 350 Beds with INR 250 Cr Investment in BLR May 27, 2024 This development aims to increase Aster CMI Hospital, Bengaluru’s bed capacity from 500 to 850 by the financial year 2027.

How AI Redefining Healthcare Delivery with Speed, Accuracy & Convenience: A Case Study March 23, 2024 Using AI to revolutionize traditional practices and enhance patient care, Indian hospitals have emerged as trailblazers in advanced healthcare technology.

Empowering Patients: A Journey Through Innovative Healthcare Engagement March 21, 2024 Patient engagement has evolved from optional to essential in modern healthcare, with hospitals prioritizing personalized care and innovative solutions. Leaders like Avisa, Medica, and Aster are leveraging technology and compassionate practices to enhance patient experiences and outcomes.

Hospital Chain Aster DM Set to Close its $1Bn Gulf Business Sale March 21, 2024 Last year, Aster agreed to sell a majority stake in its Gulf business to a consortium led by private equity firm Fajr Capital for $1 billion.

Aster DM Healthcare Plans Expansion with up to INR 900 Cr Investment February 9, 2024 The proposed expansion is set to boost Aster DM Healthcare's bed capacity in India, reaching over 6,000.

Aster DM to Tap Private Equity Investors for its India Biz December 1, 2023 Reportedly, the business has been getting inbound interest from investors for the last six months; which saw a significant rise after the recent sale announcement of its Gulf business.

Aster DM Healthcare to Divest $1 Bn Gulf Business to Chart Out India Growth Story November 29, 2023 Founder Moopen underscored that divesting the Gulf business would unlock growth potential for the Indian entity, given the GCC region's hyper-competitive and less profitable landscape. This split is poised to facilitate Aster DM Healthcare's sustained growth in India at a rate surpassing 25-30%.

Aster DM Healthcare Launches 506-Bedded Hospital in Bengaluru's Whitefield November 1, 2023 With this, Aster Whitefield Multispecialty Hospital becomes India's first centre to offer Intra Operative Electron Radiation Therapy (IOERT) for precision treatment of Cancer.

Aster's India Unit Draws Bidders' Attention, Valuing Biz at $1.5 Bn October 12, 2023 Global healthcare company, Aster DM Healthcare has garnered the attention of potential investors for its India unit, with an approximate valuation of $1.9 billion.