Regency Hospital, a leading tertiary care healthcare provider in Uttar Pradesh, has raised Rs 110 crore from BlackSoil Capital to fund its expansion and investments in new healthcare infrastructure.
With over three decades of experience, Regency operates hospitals and healthcare facilities across Kanpur, Lucknow, and Gorakhpur, offering multi- and super-specialty care across oncology, nephrology, gastroenterology, cardiology, critical care and other specialities.
The fundraise comes as healthcare delivery and demand for specialised care continue to grow beyond India’s major metropolitan centres. The expansion of established healthcare operators across tier-2 and tier-3 markets, along with increasing insurance and government healthcare scheme penetration, is creating greater demand for institutional capital to build and expand healthcare capacity.
Commenting on the fundraise, Abhishek Kapoor, the CEO, Regency Hospital Limited said, “Regency has remained focused on expanding access to quality tertiary and super-specialty healthcare across Uttar Pradesh. The Rs 110 crore financing from BlackSoil will support our investments in new healthcare infrastructure and enable us to build further capacity in markets where the demand for specialised care continues to grow.”
The platform has built exposure across hospitals, diagnostics and medical equipment distribution. BlackSoil sees a growing financing opportunity across hospitals, diagnostics, specialty healthcare operators and medical equipment businesses.