Manipal Group
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Manipal Group - overview
Established
1953
Location
Bengaluru, -, India
Primary Industry
Healthcare
About
Manipal Group, based in India, provides integrated healthcare and education services globally, focusing on innovative solutions and modern practices to enhance quality in these sectors. Founded in 1953 in Bengaluru, India, Manipal Group operates in healthcare and education, evolving to meet global demands. The company's history reflects its commitment to transformative practices in these fields. Founded by Dr.
Ramachandra B. K. Adhikari, Manipal Group has established a significant presence in South Asia, the Middle East, and Africa. It has successfully closed a deal in June 2025 with KKR for USD 600 million in debt financing, marking a pivotal moment in its financial strategy.
Manipal Education and Medical Group (MEMG) is a prominent provider of integrated services in education and healthcare. The core offerings include higher education services, multi-specialty healthcare, and innovative life sciences solutions, particularly in stem cell research. MEMG aims to revolutionize higher education through modern technologies and practices while addressing health needs with comprehensive medical services and insurance solutions for individuals and families across various international markets. Manipal Education and Medical Group generates revenue through diverse service offerings, engaging in business-to-business and direct-to-consumer transactions.
Revenue is derived from educational programs, medical services, and life sciences products, including tuition fees from students and patient fees from healthcare treatments provided. Additionally, revenue is supported by research grants and funding for innovative projects in the life sciences sector, ensuring financial stability for ongoing operations. Looking ahead, Manipal Group plans to develop new educational programs and healthcare services, launching these initiatives by mid-2026. The company is targeting expansion into new markets in Europe and North America, aiming to establish a presence by the end of 2026.
The recent funding of USD 600 million arranged by KKR will facilitate these growth strategies, enabling the company to enhance its infrastructure and service offerings.
Primary Industry
Healthcare
Sub Industries
Colleges & Universities, Education & Training Services, Hospitals
Website
www.manipalgroup.com
Verticals
EdTech, HealthTech
Total Amount Raised
Subscriber access only
Manipal Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Manipal Group | - | ||||||||
| Add-on, Trade Sale | Completed | Aakash Educational Services Limited | - |
Displaying 1 - 2 of 2

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.