Fortis Healthcare Acquires Bengaluru’s Suguna Hospital in INR 277 Cr Deal
The transaction includes the entire business operations of Suguna Hospital, along with the underlying hospital land and building.
Fortis Healthcare has acquired Suguna Hospital, a 110-bedded multispeciality facility in Rajajinagar, Bengaluru, for approximately INR 277 crore in an all-cash transaction aimed at expanding its presence in North Bengaluru.
The acquisition was executed through International Hospital Limited (IHL), a wholly owned subsidiary of Fortis Healthcare, by way of a slump sale.
The transaction includes the entire business operations of Suguna Hospital, along with the underlying hospital land and building.
The transaction, structured as an all-cash deal, is in line with the company’s cluster-focused inorganic growth strategy and further seeks to enhance Fortis’ network in the city of Bengaluru.
Commenting on the latest acquisition, Dr Ashutosh Raghuvanshi, Managing Director and CEO of Fortis Healthcare, said, “This acquisition expands our presence in the city and specifically in the north-west Bengaluru corridor, which we believe is an underserved catchment. With Suguna Hospital in our portfolio, we now have around 1,000 operational beds in the city, including our operations and management (O&M) facilities.”
Commissioned in 2006, Suguna Hospital is a 110-bedded facility located on Dr Rajkumar Road, Rajajinagar in North-West Bengaluru and has the potential to expand to approximately 150 beds.
Suguna Hospital recorded revenue of approximately INR 49.8 crore in FY2025-26, according to the company’s disclosure.
Fortis Healthcare plans to invest in upgrading the hospital’s medical infrastructure, expanding clinical programmes and adding bed capacity.
The proposed investments are expected to support the facility’s development and strengthen its role within the group’s Bengaluru network
The acquisition is part of Fortis Healthcare’s cluster-focused expansion strategy, which involves strengthening its presence in selected geographic markets.
With the latest acquisition, Fortis Healthcare’s combined potential bed capacity across its existing Rajajinagar facility, People Tree Hospital in Yeshwanthpur, and Suguna Hospital is approximately 500 beds.
Across the city, the company has about 1,000 operational beds, including facilities it runs under operations and maintenance contracts.
Currently, Fortis Healthcare operates a network of 37 healthcare facilities, including joint ventures and O&M facilities, across 12 States. Its network comprises more than 6,300 operational beds, including O&M beds, and around 400 diagnostic labs.
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