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KKR backs Manipal's expansion bid with $600 mn
Mint Kolkata
|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.
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.
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