Sehat Kahani, a health-tech startup in Pakistan, has raised $2.7 million in a Series A funding round led by Amaanah Circle, a Singapore-based health-tech fund. The startup is focused on bridging healthcare gaps and empowering women in the field of medicine. In other healthcare news, Karuna, co-founded by Steve Paul and Daphne Zohar, is recognized for creating essential medicines for mental illness, with ARCH investing in its Series A and subsequent rounds, including the IPO. Max Healthcare Institute has become a top-five hospital chain in India over the last three years, with its market capitalization reaching Rs 63,212 crore, making it the second most-valued player in the sector. The company's occupancy rates have risen from 72% to 76%, surpassing those of Apollo and Fortis, and it has maintained a tight leash on capital expenditures. Investors in Max Healthcare have witnessed a six-fold return since its listing, despite the company's high price-to-earnings ratio of 64. These developments highlight significant growth and investor confidence in the healthcare industry in South Asia.
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Is Max Healthcare the new bellwether of the hospital business? @tsurendar writes in our public markets special. https://t.co/qAiylyJyAJ
In fiscal 2022-23, Max Healthcare saw occupancy rise to 76% from 72%, which is higher than Apollo’s 64% and Fortis’s 67%. The company also kept a tight leash on capital expenditure. All of this has impressed industry watchers, writes @tsurendar. Read: https://t.co/emfIpGUcGp https://t.co/URMpTSEHY0
In the last 3 years, Max Healthcare has gone from being a relatively small player to a top-five hospital chain. The second most-valued player in the sector with a market cap of Rs 63,212 crore. Pick No. 5 in our public markets special. By @tsurendar. https://t.co/KcnXt6ZWYA
Since its listing three years ago, investors in Max Healthcare have made a 6x gain. Quite the run-up, which explains the relatively high P/E ratio of 64. Is there steam left in the stock then? @tsurendar writes in our public markets special. Read: https://t.co/emfIpGUcGp https://t.co/OUuB28dqJ2
Yesterday we wrote about Devyani Intl stock that was gaining bcoz of the increasing popularity of fried chicken. Can then a healthcare stock stay far behind? @tsurendar writes about Max Healthcare @MorningContext https://t.co/2YsojbISej
In the last three years, Max Healthcare Institute has gone from being a relatively small player to a top-five hospital chain. Is Max Healthcare the new bellwether of the hospital business? @tsurendar writes in our public markets special. Read: https://t.co/emfIpGUcGp https://t.co/5rKn5jJe6t
Karuna is about making medicines that are so needed by people with mental illness. Congrats to Steve Paul, and Daphne Zohar who founded it. ARCH invested in Series A and all rounds and IPO and is proud to participate in the rewards, but it about the medicine.
Sehat Kahani, Pakistan’s health-tech startup, has secured $2.7 million in a Series A funding round. Amaanah Circle, a Singapore- health-tech fund, led the round. Through this fresh funding, Sehat Kahani aims to bridge healthcare gaps and empower women in medicine, creating a more… https://t.co/qTQwLOjV5W