Close on to the heels of finalization of another round of financing for Bourn Hall International, a leading infertility treatment chain, for the growth of the company in the NCR area through the opening of several spokes and in the midst of planning for a large investment to grow the number of hubs in the country in various geographical locations in the next 3 to 5 years, healthcare private equity firm TVM Capital MENA today said that they are uating other healthcare investment opportunities in India.
According to Dr. Helmut M. Sch¼hsler, Chairman & Chief utive Officer, TVM Capital MENA, We are currently looking at the Indian healthcare market in greater detail and based on early indications we expect to invest no less than USD100Mn in next 3 to 5 years, but we are taking our steps with caution and at the right time. Growing a business across India needs to be carefully planned and uted.” TVM Capital not only invests equity capital in companies, but it also develops business and growth concepts and to the extent necessary or useful, gets involved in its operations. To make these investments, TVM Capital will bring into India a group of investors who have worked with them for many years in the Middle East, and will seek investment partnerships with local Indian investors who are interested in healthcare.
Informed Mr. Youssef Haidar, Partner, TVM Capital MENA, Bourn Hall India has been our first engagement in India, and we have recently started to look more actively into other exciting healthcare opportunities. At the same time there is an increasing number of healthcare entrepreneurs from India who have proactively approached us for financing their growing business.
Experts believe that over the time, India will emerge as an attractive market for healthcare, driven by the emergence of health insurance as well as the rising middle class leading to increased affordability.
Rated as one of the worlds best IVF clinic, Bourn Hall Clinic is globally renowned for clinical excellence, technological leadership, process excellence, quality, superior patient care, world-class facilities, consistent high success rates and transparency for last 33years. Informed Mike Macnamee, CEO Bourn Hall Clinic,U.K.-“We are Asias only infertility clinic to have a clean room IVF lab. This large investment in infrastructure in the laboratory is very important to carry out procedures like single blastocyst transfer. Airborne concentrations of microbes and nano particles can compromise embryo quality and lead to lower pregnancy rates. Our state-of-art clean room IVF lab is designed to remove and limit the production and effect of bacteria, viruses and volatile organic compounds by controlling parameters like airflow filtration, room pressures, air velocities and humidity and provides the most sanitized environment for a healthy growth of the embryo. Today medical and ethical practices followed by us are considered to be the benchmarks of IVF treatment across the globe.We are passionately committed to bringing parenthood to childless couples in India. We have got overwhelming response at both the hospitals and thank our patients for showing faith in us.”
Jay Higham, Board Member of Bourn Hall International and former long-time CEO of Integramed Inc, the largest U.S. chain of IVF clinics, said that “There is a significant need for a highly structured player in the infertility treatment space in India who can deliver clinical excellence across various geographical locations. Bourn Hall India has achieved success in two locations “ Delhi/Gurgaon and Kochi in the South – due to its focus on consistently delivering compassionate patient care with superior success rates. The significant investment we made in technological advancement, world class infrastructure and training of our medical team has enabled us to achieve a leadership position in the markets we serve in a very short span of time. The extraordinary response is a true appreciation of our commitment to spreading the joy of parenthood in India.”
Mr. Gaurav Malhotra, Managing Director, Bourn Hall Clinic International, India said, India is home to 30 million childless couples. One out of six couples in India has fertility problems and the incidence is growing at a very alarming rate. Some of the main causes of infertility among the couples are the rising level of stress and other lifestyle disorders like smoking, alcohol, late marriages and delayed child birth. Bourn Hall Clinic in India has grown five times in the last one year and it will continue to deliver world class services leading to higher success rate. We will bring to India the cutting edge technologies and provide training to clinicians that will enable us to translate this to higher success among the childless couples and deliver to them what matters most: healthy babies.