Mumbai: Patni Healthcare-promoted Currae hospitals will soon see an infusion of Rs 600 crore, according to its director Apoorva Patni.
The funds will be used for the venture’s expansion plans, 33-year-old Patni told ET. Apoorva Patni, a computer engineer who is the son of Patni Computers co-founder Ashok Patni, said Rs 100 crore has already been invested in Currae hospitals. About Rs 300 crore will be in the form of equity infusion and the rest will be debt, he said. The funds will be debt, he said. The funds will be used for setting up hospitals across the country and focus on integrating high-end technology, said Patni, who is also director at PCS Technology. The healthcare venture is targeting Rs 1,000 crore in revenue over the next five years, he said.
Patni said transparent billing, boutique hospitals and integrating high-end technology to simplify the service process will differntiate his hospitals from established players in the sector
Editor’s Note: This post was originally published on The Economic Times