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Asia Healthcare Holdings Raises $170 Mn From Singapore’s GIC

GIC Re rose at 24.65% in four sessions.

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.

“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.

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