Park Medi World Acquires KPIMS for ₹245 Cr, Boosts North India Presence

• Park Medi World to acquire 100% stake in KP Institute of Medical Sciences (KPIMS) for ₹245 crore in an all-cash deal.
• KPIMS, located in Agra, Uttar Pradesh, is a 360-bed multi-specialty, NABH-accredited facility.
• The acquisition aligns with Park Group's cluster-based growth strategy to expand in North India and improve operational efficiency.
• Dr Ankit Gupta, MD, Park Medi World, stated the deal strengthens regional presence and targets Agra's high-potential market.
• Park Group currently operates 14 hospitals (3,250 beds) and plans to expand to 5,260 beds by March 2028, despite a muted market debut.

Why It Matters: Park Medi World expands North India footprint with ₹245 Cr acquisition of Agra's KPIMS.