People Tree Hospitals begins exit for BlackRock’s Rs 210 Cr investment

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Founder, Managing Director and CEO of People Tree Hospitals, Dr Jothi Neeraja, has begun facilitating an exit for BlackRock, which invested Rs 210 crore ($24 million) in the People Tree Hospital network in March this year. The investment supported People Tree’s expansion and enhanced super-specialty services, marking BlackRock’s first significant healthcare investment in India.

Founded in 2013, People Tree Hospitals is a premier NABH-accredited multispecialty healthcare institution headquartered in Bengaluru, Karnataka.

People Tree Hospitals operates multiple branches across Bengaluru including Tumkur Road, Dasarahalli, Banashankari, and extends its reach through outreach programmes across Karnataka. Recognised with awards such as the Big Bengaluru Pride Award (2022) and India Excellence Award (2020), the hospital is also ranked among Bangalore’s top neurosurgery centres.

With People Tree’s transition underway, she is also focusing on Maarga Mind Care, scaling a 1,000-bed, 25-dedicated mental health hospital network a bold move to address India’s 70–90% mental health treatment gap.