23.25 (0.34%) Apollo Health and Lifestyle (AHLL), a wholly owned subsidiary of Apollo Hospitals Enterprise, and a leading player in the retail healthcare segment in India, has received investments of Rs 450 crore from International Finance Corporation (IFC) and IFC Asset Management Company. This investment will fuel AHLL's expansion plans and fulfill its vision of bringing healthcare of international standards within the reach of 20 million patients each year by 2020.
Apollo's strategy is to provide the complete continuum of care so that patients can experience the Apollo brand of care seamlessly from home to the tertiary care hospitals. AHLL operates a range of formats that fill the space between home care and tertiary care hospitals. AHLL will use IFC's equity investment to expand its network of Clinics, Cradle and Diagnostics centers across India. The investment will create multiple job opportunities across India for healthcare professionals, including doctors, nurses, and technicians.
Apollo Hospitals is the leading private sector healthcare provider in Asia and owns and manages a network of speciality hospitals and clinics, a chain of Pharmacy retail outlets across the country, and provides Consultancy Services for commissioning and managing the Speciality Hospitals.