The company is scouting for expansion opportunities in eastern India.
Manipal Hospitals, the second largest hospital chain in India, entered into a definitive agreement with private equity firm Multiples to acquire 100% stake in Bengaluru-based multi-specialty hospital Vikram Hospital for a consideration of ₹350 crore.
In April this year, Manipal Hospitals had acquired Columbia Asia Hospitals for ₹2,100 crore.