Park Medi World, a hospital chain, has entered into agreements to acquire 100% stake in the KP Institute of Medical Sciences (KPIMS), in an all-cash transaction amounting to ₹245 crore.
Launched in 2023, KP Institute of Medical Sciences in Agra, UP, is a NABH-accredited multi-speciality hospital and is empanelled with major insurance providers and government health schemes. KPIMS has a total capacity of 360 beds. Its broad range of super specialty services and modern infrastructure position it well for sustained growth in the regional healthcare market.
Dr Ankit Gupta, Managing Director, Park Medi World, said, “By welcoming the KP Institute of Medical Sciences (KPIMS), we take a major step in expanding our presence in North India, upholding the commitment and vision of our Chairman, Dr Ajit Gupta, for ‘wellness for all’—accessible, quality, and affordable care for everyone. This integration will significantly strengthen our regional presence and is anticipated to yield strong operational and financial results. Agra is a high-potential city with a clear need for dependable, high-quality medical services; thus, we are focused on enhancing KPIMS’s capabilities to provide the community with advanced, modern care. The facility’s excellent location makes it a critical hub for delivering consistent, patient-focused healthcare across the region, and we remain dedicated to exploring opportunities to further our growth in the area.”
Park Group currently operates 14 hospitals with a combined capacity of 3,250 beds. In addition to this proposed facility in Agra, Park Group is in the process of integrating an additional six hospitals, which are under various stages of execution, and these will add 1,650 beds. This expansion will take Park Group’s total bed capacity to 5,260 beds by March 2028.
The Group has established a strong presence across key cities, including Delhi, Gurgaon, Faridabad, Panipat, Karnal, Sonipat, Ambala, Mohali, Patiala, Bathinda, Behror and Jaipur.
Park Group offers a comprehensive range of clinical services—spanning super-specialities such as cardiology, neurology, oncology, orthopaedics, gastroenterology, critical care, nephrology, and women & child health. Each facility is equipped with modern medical infrastructure, advanced diagnostics, 24×7 emergency support, and multi-disciplinary teams delivering evidence-based care.
