AHH Acquires AINU for Rs 600 Crore
HYDERABAD: Asia Healthcare Holdings (AHH), backed by TPG Growth and Singapore's GIC, has acquired a majority stake in the Asian Institute of Nephrology and Urology (AINU), a major player in urology and nephrology care. AHH will invest Rs 600 crore in AINU through a mix of primary and secondary infusion.
AINU, founded in 2013 by Dr C. Mallikarjuna and Dr P.C. Reddy, operates seven hospitals across multiple cities, serving over 400,000 patients and performing 50,000 procedures.
Dr Mallikarjun, chief consultant urologist at AINU said the rise in urological cancer cases in India and the importance of accessible robotic urology surgery, made AHH an ideal partner for growth.
Dr P.C. Reddy, senior urologist and executive director at AINU, noted the significant prevalence of chronic kidney disease and renal failure cases in India, underlining the need for enhanced nephrology care.