The hospital plans to come up with 20 clinics in southern part of India in Karnataka, Kerala, Tamil Nadu and Telangana in the next financial year
Tamara Healthcare is raising Rs 400 million to set up 75 low-cost fertility clinics in India over the next three years. The hospital plans to set up clinics in 12 major states across the country.
“We are currently present in Bangalore, and now raising Rs 400 million to expand our business across India over next three fiscals to set-up 75 low-cost fertility clinics said Ajay Gowda, CEO, Tamara Healthcare.
Initially, the hospital plans to come up with 20 clinics in southern part of India in Karnataka, Kerala, Tamil Nadu and Telangana in the next financial year. “After South India, we plan to expand in western states, central India and northern states,” added Imran Khan, COO, Tamara Healthcare
Elaborating on the growth prospects in the Indian market, Khan added, “Around 30 million couples in India suffer from fertility issues and there is lack of quality facilities in non-metro cities to deal with the condition in the country. Due to our low-cost technology, we can run fertility clinics in low potential, non-metro cities with good profits. The USP of this technology is to set-up and run low-cost fertility clinic profitably, we just need 10 per cent of capital and operational budget of conventional fertility clinics. Due to this factor, we are planning to extend our fertility services to non-metro cities.”
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