Asia Healthcare platform raises $50M
Asia Healthcare Holdings (AHH) has raised $50 million from Temasek-owned Sheares Healthcare, an investor and provider of healthcare delivery services. The investment from Sheares Healthcare builds on AHH’s strategy to assemble a group of leading regional healthcare executives and global investors. AHH focuses on India and South Asia, targets investment opportunities in single-specialty healthcare businesses and leverages its seasoned management team to deliver operational expertise to its portfolio. On the other hand, Sheares Healthcare works closely with portfolio companies to shape healthcare delivery, primarily in Asia, through innovative, appropriate, and patientfocused care. AHH portfolio currently consists of Cancer Treatment Services International (CTSI), a network of single-specialty cancer hospitals across South Asia and Bengaluru-based Rhea Healthcare Pvt. Ltd, which operates a network of hospitals for women and children under the Motherhood brand.