Kozhikode: In a major development in India’s healthcare sector, global private equity giant KKR has acquired a majority stake in Meitra Hospital, the premium Kozhikode-based healthcare institution founded by NRI entrepreneur and philanthropist Faizal Kottikollon. The move sets the stage for Meitra’s expansion beyond Kerala, with plans to establish world-class hospitals in other Indian cities.
The deal, announced on September 22, marks KKR’s third hospital acquisition in the past year, following its investments in cancer hospital chain HCG and Kerala-based Baby Memorial Hospital (BMH).
Kottikollon confirmed that Meitra would continue to operate as a premium standalone brand with its existing management. “Meitra will be the premium brand and will continue separately with its own managemen