Bengaluru: Premji Invest on Thursday annouced an investment in Maharashtra-based multispecialty hospital platform NewEra Hospitals as it looks to expand its capacity to 800 beds and scale advanced specialty care across the state.
The platform currently operates three hospitals across Nagpur and Navi Mumbai with a combined capacity of 350 beds. It plans to add three more hospitals in Nagpur as part of its expansion, the hospital platform said in a statement.
The investment will support NewEra Hospitals in expanding access to high-complexity medical care, including neurosciences, organ transplants and cardiology.
Founded in 2016 by doctors Anand Sancheti, Nilesh Agrawal and Nidheesh Mishra, the platform focuses on building clinical capability across complex specialties.
“Structural gaps in India’s healthcare delivery system persist. Nagpur, in particular, requires higher bed density and improved hospital infrastructure,” said Prakash Chellam, partner at Premji Invest in a statement. “We are backing an institution that has built strong clinical capabilities in Nagpur and Navi Mumbai.”
“This partnership gives us the confidence and resources to scale faster and deepen our impact across Maharashtra,” said Nidheesh Mishra, cofounder, NewEra Hospitals.
NewEra Hospitals currently operates with over 250 doctors and consultants across more than 30 specialties. The platform is expanding its presence across Maharashtra to strengthen access to advanced and specialised healthcare services, the statement said.
The platform currently operates three hospitals across Nagpur and Navi Mumbai with a combined capacity of 350 beds. It plans to add three more hospitals in Nagpur as part of its expansion, the hospital platform said in a statement.
The investment will support NewEra Hospitals in expanding access to high-complexity medical care, including neurosciences, organ transplants and cardiology.
Founded in 2016 by doctors Anand Sancheti, Nilesh Agrawal and Nidheesh Mishra, the platform focuses on building clinical capability across complex specialties.
“Structural gaps in India’s healthcare delivery system persist. Nagpur, in particular, requires higher bed density and improved hospital infrastructure,” said Prakash Chellam, partner at Premji Invest in a statement. “We are backing an institution that has built strong clinical capabilities in Nagpur and Navi Mumbai.”
“This partnership gives us the confidence and resources to scale faster and deepen our impact across Maharashtra,” said Nidheesh Mishra, cofounder, NewEra Hospitals.
NewEra Hospitals currently operates with over 250 doctors and consultants across more than 30 specialties. The platform is expanding its presence across Maharashtra to strengthen access to advanced and specialised healthcare services, the statement said.
