Asia Healthcare Holdings (AHH), an investment platform for the healthcare sector backed by TPG Growth, has raised $170 million in funding from Singapore’s sovereign wealth fund GIC.
Incubated by TPG Growth in 2016 under Vishal Bali, AHH invests in and operates various single-speciality healthcare companies under one enterprise. GIC’s partnership with TPG will help AHH add more speciality healthcare entities under its network. To date, AHH has invested approximately $200 million across single-speciality healthcare enterprises in oncology, mother and child care, and fertility.

• Max Healthcare to Set Up 450-Bed Pune Hospital; Shares Jump 2.75%
• KPI Green Energy Signs $4-Billion Botswana MoU; Shares Surge 3.25%
• Sun Pharmaceutical Shares Slump 3% as USFDA Highlights Facility 
• Mahindra Lifespace Launches Rs 1,900-Crore Bengaluru Project; Shares Fall 1.25%
• Stocks Under F&O Ban: Bandhan Bank

“At AHH, we have built a differentiated approach to bridge the demand-supply gap in healthcare services in India and the broader South Asia region by backing single-speciality healthcare delivery enterprises with a combination of capital, operating expertise, and cutting-edge clinical practices to power their growth,” said Vishal Bali, executive chairman of AHH.