Private Equity

PE-VC Fund Investments

Blue Sapphire Healthcares’ promoter raises Rs.415-Cr private credit from 360 ONE to buy back 49% sta

Mint   Asian Institute of Medical Sciences  

The promoter of Blue Sapphire Healthcares, which operates the Asian Institute of Medical Sciences (AIMS), has raised INR 415 crore in private credit from 360 ONE Asset Management. The capital was used to buy back a 49% stake held by private equity investors OrbiMed and British International Investment (BII). Alvarez & Marsal acted as the exclusive financial advisor to the promoters of the company.Founded in 2010 and headquartered in the National Capital Region (NCR), Blue Sapphire operates a multi-speciality hospital chain with about 1,000 beds across Faridabad, Dhanbad, Moradabad, and Patna. The company plans to use a portion of the raised funds to support its long-term growth plans.The transaction has consolidated the cap table of the hospital chain, which is now wholly owned by the Pandey family. The group reported revenue of approximately INR 560 crore and an EBITDA of INR 75-80 crore for the fiscal year 2026.

Between Jan 2014 and Dec 2017, Asian Institute of Medical Sciences had attracted about $ 37 M from OrbiMed and British International Investment .