Mubadala’s Healthcare team made its first investment into the Indian market by acquiring a stake in Manipal Health Enterprises (Manipal).

Temasek, a Singapore-headquartered global investment company, continues to retain the majority stake in the company.

Manipal, one of India’s leading healthcare networks, offers affordable, high-quality healthcare through its multispecialty and tertiary care network. Serving approximately 7 million patients annually, Manipal operates 37 hospitals nationwide and employs more than 5,000 doctors, making it the largest hospital chain in India, by bed count.

The company’s commitment to clinical excellence, patient-centric care, and robust standards of corporate governance sets it apart. Under the stewardship of its management team, Manipal has achieved consistent growth and expanded its footprint, leading the sector in terms of clinical quality, ethical standards, and technological advancements. As the demand for high-quality hospital care in India continues to rise, Manipal is well-positioned to support the development of the country’s national healthcare infrastructure.

This investment highlights broader macro trends and tailwinds in Asia where economic growth, demographic shifts, technological progress, and supportive government policies are creating a compelling landscape for healthcare investment.