Try GOLD - Free
KKR backs Manipal's expansion bid with $600 mn
Mint Chennai
|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.
This story is from the June 03, 2025 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
Anil Ambani's plea to settle fails at Sebi
The Securities and Exchange Board of India (Sebi) has rejected applications by industrialist Anil Ambani and his corporate group to settle allegations of misusing almost $700 million of company funds, documents reviewed by Reuters show.
1 min
June 27, 2026
Mint Chennai
Migration and identity define this World Cup
Players born in one country and representing another highlight football's ability to transcend politics
4 mins
June 27, 2026
Mint Chennai
‘The Furious’ is an instant action classic
Tanigaki, Sonomura and a scintillating cast deliver wave after wave of relentless, inventive action
4 mins
June 27, 2026
Mint Chennai
The keeper of the princely states' secrets
An excerpt from a new book reveals the role played by a controversial Englishman in the lead up to India’s independence
3 mins
June 27, 2026
Mint Chennai
Robotics funding doubles in 2026, but scale lags
Indian robotics startups raised only $52.9 million in 2025.
1 mins
June 27, 2026
Mint Chennai
SUGARCANE TIGER
In the sugarcane fields of Pilibhit, where tigers now live and hunt beyond the forest, women farm workers navigate a landscape shaped by predator conflict, precarious labour and constant panic
7 mins
June 27, 2026
Mint Chennai
Accenture on cybersecurity wave as Indian IT watches
Only two of Indian IT Big Five’s 49 buyouts since 2020 were pure-play cybersecurity firms
3 mins
June 27, 2026
Mint Chennai
Wajid Ali Shah: The misunderstood renaissance man of Awadh
A magnum opus on the nawab by his great-grandson fails to do justice to the versatile ruler’s life and legacy
6 mins
June 27, 2026
Mint Chennai
Robotics startup funding doubles in 2026, scale lags
Funding for India's robotics start-ups almost doubled to $42.1 million in the first six months of 2026 from $22.7 million in the comparable span last year, with the average cheque size up 94.4% over the period, data platform Tracxn said.
1 min
June 27, 2026
Mint Chennai
GDP growth view brightens as Iran war tensions ease
The latest upgrade caps highly volatile forecast revisions throughout 2026.
1 mins
June 27, 2026
Listen
Translate
Change font size