Yatharth Hospital & Trauma Care Services is set to receive a major capital boost following regulatory approval for a ₹3,150-crore investment by US-based private equity firm Advent International. The Competition Commission of India (CCI) has approved the proposed transaction, allowing Advent to acquire a 24.9% stake in the hospital group.
The investment agreement was announced on September 17, 2026, with Advent committing fresh primary capital to support Yatharth’s expansion plans. Since the transaction involves a direct investment in the company, the funds will be available for business growth rather than being paid to existing shareholders.
Yatharth currently operates nine multi-speciality hospitals with approximately 2,800 beds. With the new investment, the hospital chain aims to expand its capacity to more than 5,000 beds over the next three years.
According to the company’s FY26 annual report, its expansion strategy will focus on increasing hospital capacity, strengthening specialised clinical services, adopting advanced technologies and entering underserved as well as high-growth markets.
Following the transaction, Advent will become a significant minority shareholder, while the founding Tyagi family will retain its position as the company’s largest shareholder.
In its regulatory disclosure, the CCI identified Rasmalai Limited as the acquiring entity. The company is indirectly controlled by investment funds managed or advised by Advent International and its affiliates. Rasmalai Limited currently has no business operations or presence in India.
The CCI reviews mergers and acquisitions covered by the prescribed thresholds under the Competition Act, 2002, to determine whether proposed transactions could adversely affect competition in Indian markets. The detailed order approving the investment is awaited.
The investment marks an important step in Yatharth Hospitals’ expansion ambitions, providing substantial growth capital as it seeks to strengthen its hospital network, increase bed capacity and broaden its healthcare services across India.
(Photo courtesy: yatharthhospitals.com)