Premji Invest Powers NewEra Hospitals' 800-Bed Expansion

HEALTHCAREBIOTECH
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AuthorVihaan Mehta|Published at:
Premji Invest Powers NewEra Hospitals' 800-Bed Expansion
Overview

Premji Invest has injected capital into NewEra Group of Hospitals. The deal, advised by Touchstone Partners, aims to significantly expand NewEra's bed capacity to 800 beds. This investment is set to bolster healthcare delivery infrastructure across Nagpur and Navi Mumbai.

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Advisory Team Confirmed

Touchstone Partners, led by Partner Anirudh Agarwala, provided advisory services to Premji Invest for this transaction. The team included Counsel Pranjal Doshi, Senior Associate Kajal Advani, and Associates Amisha Agarwal, Shruti Mishra, and Aniket Singh.

NewEra's Growth Strategy

The investment from Premji Invest empowers NewEra Group of Hospitals to execute its expansion strategy. The hospital network, currently operating in Nagpur and Navi Mumbai, aims to scale its multi-speciality platform by reaching a total of 800 beds.

Enhancing Regional Healthcare Access

This capital infusion will bolster the infrastructure for healthcare delivery in the Nagpur and Navi Mumbai regions. Premji Invest's commitment signals strong confidence in NewEra's growth trajectory and the overall potential of the regional healthcare market.

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