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KKR backs Manipal's expansion bid with $600 mn

Mint Mumbai

|

June 03, 2025

Global investment firm KKR said on Tuesday it would finance the Manipal Group with $600 million, making this the firm's largest credit investment in India.

- Jessica Jani

KKR backs Manipal's expansion bid with $600 mn

The investment, arranged by KKR Capital Markets and anchored by KKR's private credit and insurance platform, will enable Manipal Education and Medical Group to accelerate corporate expansion and growth objectives by providing flexible, structured capital matched to its long-term strategic needs, the two entities said in a statement.

"KKR's longstanding India focus and flexible capital approach, as well as alignment with our long-term vision, present a strong fit for us," said Dr Ranjan Pai, chairman of the Manipal Group.

Mint Mumbai से और कहानियाँ

Mint Mumbai

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TCS, Wipro US patent suits worsen IT's woes

Two of the country’s largest information technology (IT) services companies—Tata Consultancy Services Ltd and Wipro Ltd—faced fresh patent violations in the last 45 days, signalling challenges to their expansion of service offerings.

time to read

2 mins

November 25, 2025

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AI bond flood adds to market pressure

Wall Street is straining to absorb a flood of new bonds from tech companies funding their artificial intelligence investments, adding to the recent pressure in markets.

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4 mins

November 25, 2025

Mint Mumbai

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Auto parts firms spot hybrid gold

Auto component makers are licking their lips at the ascent of hybrids, spying a new growth engine at a time when electric vehicle (EV) sales have not measured up.

time to read

2 mins

November 25, 2025

Mint Mumbai

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Diwali is past, but shopping season is roaring ahead

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time to read

3 mins

November 25, 2025

Mint Mumbai

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HOW TO SPOT A WINNING STARTUP IPO

As a flood of new listings burns small investors, we investigate the overlooked metrics

time to read

9 mins

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Mint Mumbai

WHY INDIA HAS FAILED TO CURB AIR POLLUTION

Despite massive funding, India has failed to make meaningful progress in combating air pollution. Beijing's dramatic turnaround over the past decade offers crucial lessons.

time to read

4 mins

November 25, 2025

Mint Mumbai

Micro biz has a harder time securing loan to start up

Bank lending to first-time micro-entrepreneurs has plummeted, signalling tighter credit conditions for small businesses already struggling with cash flow pressures and trade turmoil. In the first six months of the fiscal year, a key central scheme to support such lending managed to sanction just about 12% of what was sanctioned in the entire previous fiscal year, official data showed.

time to read

2 mins

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Mint Mumbai

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Inverted duty fix is next on GST agenda

GST Council to expand work on fixing anomaly at next meet

time to read

2 mins

November 25, 2025

Mint Mumbai

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Why was a fresh approach to QCOs needed?

The government is now withdrawing the quality control orders (QCOs) issued earlier across sectors. Mint examines the original intent, the reasons for the policy reversal, and the expected national benefits from this move.

time to read

2 mins

November 25, 2025

Mint Mumbai

Climate: Hope lives

Climate change could be described as a \"tragedy of the commons.\" That is, one where a shared resource, such as the planet's atmosphere, gets degraded because everyone has an incentive to put immediate self-interest above what's good for all.

time to read

1 min

November 25, 2025

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