Ankura Hospital, a healthcare provider engaged in super-speciality tertiary and quaternary care services, has received Rs1.65bn ($19.26m) from the Asian Development Bank (ADB) to support its expansion plans in India.

This investment aligns with Ankura's strategy in key cities to strengthen its footprint in the market and improve healthcare access nationwide.

Ankura Hospitals founder Krishna Prasad Vunnam said: “This financial support from the Asian Development Bank will allow us to enhance our paediatric, maternity and gynaecology services, expand our facilities, and reach more families, ensuring they receive the highest standards of care.”

Before this investment, Ankura Hospital had secured $17.8m in funding, including $8.31m from InvAscent in July 2019.

Although further information on the expansion initiative is not available, according to an ADB document dated December 2024, the expansion project for Ankura Medical & Research Centre Private Limited (AMPL) involves adding five new hospitals with a total capacity of 500 beds.

The plan also includes upgrading existing hospitals with medical equipment, 20 additional beds, and services, as well as funding the working capital needs for both new and current hospitals.

Part of the investment will go towards installing rooftop solar power systems and enhancing the quality of training and clinical operations across the Ankura network.

Ankura Hospital currently operates more than 1,500 beds across 14 hospitals, specialising in maternal and child healthcare (MCH) in seven cities within the Andhra Pradesh, Telangana, Maharashtra, and Odisha states.

The hospital is known for its maternity, gynaecology, and fertility services, as well as advanced surgical solutions in gynaecology, such as laparoscopic surgeries and treatments for many conditions.