PUNE, Maharashtra, 3 July 2025 – Lokmanya Hospitals, Asia’s pioneering institution in robotic-assisted joint replacement surgery with 50+ years of legacy, today announced a transformative strategic expansion following an investment by Unaprime Healthcare LLP.  The Special Purpose Vehicle (SPV) floated by Unaprime Investment Advisors has acquired approximately 84.5% stake in the Maharashtra-based speciality hospital chain, positioning Lokmanya to emerge as Maharashtra’s most advanced multi-speciality and quaternary care hospital network.

The transaction includes Unaprime’s acquisition of the stake previously held by Tata Healthcare Fund, along with substantial primary capital infusion to fuel the organization’s ambitious expansion plans. Unaprime Healthcare is backed by prominent domestic Limited Partners and family offices, including Dr. K. Ravindranath of Global Hospital, who had been a pioneer in bringing organ transplantation to India, and Manpreet Sohal, a healthcare transformation expert.

STRATEGIC TRANSFORMATION OVERVIEW

Under the strategic leadership of Managing Director & Group CEO Manpreet Sohal and guided by Chairman of Lokmanya Hospitals, Dr. Narendra Vaidya & Dr. K. Ravindranath- who has been the pioneer in bringing multi organ transplantation to India, will execute an ambitious expansion from 300+ beds to 800+ beds within 3-4 years while establishing world-class Centres of Excellence in cardiac sciences, neurosciences, comprehensive cancer care, General and GI surgery and multi-organ transplantation across Pune and key cities in Maharashtra.

STRATEGIC VISION: A PREMIER MULTI-SPECIALTY & QUATERNARY CARE CHAIN

By 2029, Lokmanya Hospitals will emerge as one of Maharashtra’s premier multi-specialty and quaternary care hospital chains. With a deeply integrated approach, the organization brings together advanced Orthopaedic care, cutting-edge Neurosciences, Cardiac sciences, General and GI surgery, oncology, trauma and critical care, along with state-of-the-art capabilities in organ transplantation and precision robotic surgery. This comprehensive service spectrum, supported by super-specialized expertise, creates a differentiated value proposition serving as a referral center while capturing premium market segments across Maharashtra’s major cities.

Manpreet Sohal, Group CEO & Managing Director: “This strategic partnership with Unaprime Healthcare represents a transformational moment for Lokmanya Hospitals as we evolve into Maharashtra’s premier multi-specialty and quaternary care hospital chain. The substantial investment enables us to combine our proven expertise in robotic surgery with comprehensive quaternary care capabilities, positioning us as a Maharashtra healthcare destination. Our expansion into multi-speciality and quaternary care addresses critical healthcare needs across Maharashtra while establishing sustainable competitive advantages.”

Dr. Narendra Vaidya, Chairman & Chief Joint Replacement Surgeon: “Having pioneered robotic surgery in Asia, we now embark on our most ambitious journey to establish Maharashtra’s most advanced multi-specialty and quaternary care hospital chain. Our expansion ensures that patients across Maharashtra & neighbouring  states will have access to world-class quaternary care delivered with the precision and excellence that defines Lokmanya.”

Deep Mishra, Founder, Unaprime Investment Advisors: “Lokmanya’s commitment to establishing a comprehensive multi-speciality hospital with the highest standards represents a significant advancement for healthcare infrastructure. The combination of their established robotic surgery excellence with advanced transplant capabilities will create a unique healthcare destination serving patients nationwide while setting new benchmarks for clinical excellence and patient outcomes.”

Investment & Expansion Highlights:

• Strategic Investment: Unaprime Healthcare LLP’s acquisition of 84.5% shareholding, including fresh capital infusion, with further investment for growth
• Capacity Growth: Over 160% bed expansion from 300+ to 800+ beds within 3-4 years
• Geographic Footprint: Four hospitals in Pune with expansion plans and surgical tie-ups in Mumbai and Kolhapur
• Clinical Excellence: 150,000+ patients treated, 50,000+ knee replacements, 15,000+ robotic surgeries

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