Chennai-based hospital chain Medway raises $5 million from Kyra Ventures

Medway Hospitals has raised $5 million from Kyra Ventures in its first round of fund raise, with participation from family offices. The Chennai-based multi-speciality hospital chain operates 8 hospitals in Tamil Nadu and Andhra Pradesh, with a focus on quality healthcare in tier 2 cities. The investment aims to accelerate expansion plans and reach 1000 beds by 2026.

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