Fortis Healthcare Acquires Bengaluru's People Tree Hospital for ₹430 Cr

• Fortis Healthcare, via subsidiary IHL, acquired People Tree Hospital in Bengaluru for ₹430 crore.
• The deal includes 100% stake in TMI Healthcare Pvt. Ltd., the hospital building, land, and an adjacent 0.8-acre parcel.
• This acquisition significantly strengthens Fortis's presence in Bengaluru, adding a 125-bed NABH-accredited facility.
• Fortis plans an additional ₹410 crore investment over three years to expand capacity by over 300 beds and upgrade facilities.
• The transaction is expected to be completed by January 2026, boosting Fortis's bed capacity in Bengaluru to over 1,500.

Why It Matters: Fortis Healthcare's ₹430 Cr acquisition of People Tree Hospital boosts its Bengaluru market presence and future growth.