KEF Holdings, a leading diversified conglomerate with holdings across the manufacturing, healthcare, and wellness sectors, today announced that Meitra Hospital, its flagship healthcare institution in Kozhikode, will enter into a strategic partnership with the pan-India healthcare platform of funds managed by global investment firm KKR.
This strategic partnership marks a significant milestone in Meitra Hospital’s journey as it looks to build on its mission to advance access to world-class healthcare to patients, healthcare professionals, and the broader community in India.
Founded by entrepreneur Faizal Kottikollon in 2012, Meitra Hospital is a JCI accredited, advanced quaternary care hospital of international standards located in Kozhikode. The infrastructure, medical facilities, and clinical services are benchmarked against the world’s best hospitals. Spanning 450,000 sq. ft, Meitra hosts 220 individual patient rooms and suites. The hospital also has 8 high-functioning operation theatres and 52 individual intensive care units and is supported by cutting-edge medical diagnostic equipment.
Faizal Kottikollon will continue to serve as Chairman of Meitra Hospital, ensuring continuity of vision and leadership. Supported by KEF Holdings and KKR’s India healthcare platform, Meitra Hospital will seek to accelerate its growth and expand its services in Kozhikode and other geographies to meet the rising demand for advanced healthcare solutions across India.
As part of this, Meitra Hospital will continue investing in its expansion, including the establishment of a state-of-the-art Oncology Centre, as well as the addition of new hospital beds and ICUs. This development underscores a shared commitment to addressing critical healthcare needs and providing comprehensive care for patients in South India.
Faizal Kottikollon, Chairman, KEF Holdings & Meitra Hospital, said: “Meitra Hospital was founded with the dream of bringing the world’s best healthcare practices and infrastructure to Kozhikode. This strategic partnership with KKR’s healthcare platform will enable us to accelerate that vision, expand our capabilities, and deliver even greater value to the communities we serve. Together, we are building a future-ready healthcare institution for India.”
Indium Capital acted as the investment banking advisor to KEF Holdings. ALMT Legal advised KEF Holdings on legal matters.
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