Joint Venture - Narayana Hrudayalaya Ltd

Code : BSE: 539551 NSE:

Narayana Hrudayalaya Ltd's wholly-owned subsidiary, Health City Cayman Islands Ltd (HCCI), has entered into a joint venture agreement with 2070 Health Inc., W Health Ventures GP LLC, and Everhope Oncology Private Ltd. The JV aims to operate healthcare centers in India, focusing on cancer chemotherapy. The JV is 50:50 between HCCI and 2070 Health Inc., with W Health Ventures holding 30%. Total investment is expected to be USD 10 million over 1-2 years.