[Funding alert] Hospital Chain Medway Secures $5 Mn Equity Funding From Kyra Ventures

In its initial fundraising round, Medway Hospitals, situated in Chennai, secured $5 million from Kyra Ventures, and family offices joined the round.

"I extend my heartfelt gratitude to our exceptional team for their tireless efforts, ensuring top-notch healthcare services. A sincere thank you to our patients for entrusting us with your healthcare journey – your trust has been pivotal in our success."

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In Tamil Nadu, Medway Group Of Hospitals is a quickly growing network of cutting-edge multispecialty hospitals.

“The promoters (of Medway) are committed to closing the healthcare gap in underserved areas by creating access to affordable, patient centric clinical excellence,” said Hari Prasad, partner, Kyra Ventures.

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In the deal, Nova Capital consultants served as consultants to the parties involved.

About Medway Hospitals

Since its founding in 2012, Medway Hospitals has developed into a reputable brand in the healthcare sector, serving thousands of patients with prompt medical attention and compassionate care. It is acknowledged as the premier location for top-notch healthcare services.

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