Daya Hospital Secures ₹150 Crore Institutional Equity from Ascent Capital
Daya Hospital Secures ₹150 Crore Institutional Equity from Ascent Capital
Daya Group of Hospitals announced its next phase of growth with a ₹150 crore institutional equity investment from Ascent Capital. The announcement was made at a press meet held on 3rd September at Bini Heritage attended by Dr. V K Abdul Azeez (Managing Director), Haseeb Ahsan K (CEO), Rahul Krishnan (CFO), Dr. Fazil Abubacker (Director), Abdul Jabbar M M (Director), and Jayarajan K (Administrator).
With a strong legacy of over 25 years, Daya currently operates four units in Kerala with 500 beds and 1,500 employees. The fresh investment marks the first step in a planned ₹500+ crore expansion over the next five years, aimed at tripling bed capacity to 1,500, setting up a state-of-the-art oncology hospital in Thrissur, expanding facilities, and establishing new hospitals in neighbouring districts.
Dr. Abdul Azeez emphasized that the collaboration with Ascent Capital will enable Daya to strengthen quaternary care, adopt advanced technologies, and create over 3,000 new employment opportunities, while continuing its mission of delivering affordable, high-quality healthcare across Kerala.
