Artemis Medicare Services successfully raised ₹330 crore through Compulsorily Convertible Debentures (CCDs) following definitive agreements with the International Finance Corporation (IFC), a World Bank Group member.
The company plans to expand its bed capacity, launch advanced specialty services, and improve patient care to address the demand-supply gaps, enhancing its presence in the Delhi NCR region. By utilizing both brownfield and greenfield opportunities, Artemis aims to accelerate its growth and extend healthcare services to diverse population segments in the coming years.
The investment will facilitate Artemis in enhancing healthcare accessibility and quality by supporting its plans to expand bed capacity, introduce new medical specialities, and establish cardiac care centers in Tier 2 and 3 cities.
As reported Business Standard, the efforts are expected to drive a sector-wide shift towards more affordable and high-quality healthcare solutions in underserved areas.