cover ) ATA GLANCE: NARAYANA HEALTHCARE AND ASTER DM HEALTHCARE Narayana Healthcare
Aster DM Healthcare
HQ
Bengaluru
Dubai
Founder
Dr Devi Prasad Shetty
Dr Azad Moopen
Area of operation
India and Grand Cayman at Caribbean
India and Middle East
Funding
JP Morgan and Pinebridge Capital had invested $100 million in the company in 2008 for a 25 per cent stake.
In May 2014, existing private equity investors Olympus Capital Asia Holdings (Rs 500 crores in 2012) and India Value Fund Advisors (Rs 175 crores in the company in 2008) invested additional $65 million for 42 per cent stake
No of employees
14,500 people
10,000 people
Network
29 hospitals across 17 Indian cities with total bed strength of 7500 beds
4,000 beds across locations. Has 239 units, comprising hospitals, medical centres, diagnostic centres and pharmacies, under six brands - Aster, Medcare, Access, MIMS, WIMS and Aster MedCity
Year of launch
2001
1987
Key developments
Acquired two Westbank Hospitals in Howrah for Rs 150 crores
Acquired Cauvery Medical Center (CMC), in Bangalore and Prime Hospital Hyderabad
Annual revenue
Rs 800 crores
Rs 2,800 crores
Future Plans
Expand in Africa and East Asian countries like Indonesia, Philippines
Further expansion in Middle East (Bahrain, Jordan) and Philippines
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EXPRESS HEALTHCARE
January 2015
TO DAD, WITH LOVE
Frankly if your father is worth $ 1.1 billion you don’t need to work, but for Alisha Moopen, daughter of Dr Azad Moopen and Nazeera Azad, work is worship, money is just a by-product. She is full of life and a fitness enthusiast. While she started a boutique yoga studio, she also invested in a franchise of restaurant chain, Kauai in Dubai to add to the options of healthy eat-
ing! The feisty Director – Strategy at Aster DM healthcare says that working for her father's company is the hardest thing she has done so far. She feels that to do justice to the role she has to work three times harder than others. Yet, she is thankful for what she has and strives to work harder towards the company's goals. A graduate from the University of Michigan, Ann
Abor with a concentration in Finance& Accounting she worked with Ernst & Young in England for seven years and qualified as a chartered accountant (CA) before joining DM Healthcare, as Finance Director for Medcare. After, a year she was posted to look after corporate strategies and affairs for the group. More recently, she has stepped into an operational role,