KKR, a global investment powerhouse, has committed $600 million in financing to Manipal Education and Medical Group (MEMG), marking its largest credit investment in India to date. The funding will support MEMG’s long-term expansion plans across its core sectors—healthcare, education, and health insurance.

According to a joint statement, the financing was structured by KKR Capital Markets and funded through KKR’s private credit and insurance arms. The capital infusion is designed to offer flexible, strategic financial backing aligned with MEMG’s future vision.

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Gaurav Trehan, Co-Head of KKR Asia Pacific and Head of Asia Private Equity, expressed confidence in the partnership, saying, “We’re excited to strengthen our relationship with the Manipal Group and Dr Ranjan Pai, who has built one of India’s most respected and homegrown enterprises.”

Ranjan Pai, Chairman of MEMG, welcomed the investment, stating, “KKR’s deep understanding of the Indian market and its adaptable financing approach make them an ideal partner as we build on our legacy in healthcare and education.”

Through this partnership, MEMG aims to accelerate its strategic initiatives and strengthen its leadership position in India’s rapidly evolving health and education landscape.

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