Health Financing/Insurance

Bluewater plans healthcare foray; to invest Rs 500 cr

UK-based private equity firm Bluewater International Investment Ltd plans to invest Rs 500 crore in India to tap the lucrative healthcare sector by setting up a multi-speciality hospital with a medical training centre. The company, which has already lined up multi-million dollar investments in India’s real estate space, is also contemplating tie-ups with various foreign and domestic varsities for accreditation of its proposed medical training centre. Sources say, the firm plans to set up a multi-speciality medical facility in India with equity participation from global healthcare professionals. The firm is also targeting a chunk of the medical tourist, attracted to India due to affordable procedural costs here.

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