Use of Capital: Expanding Business operations
Location: Ludhiana, Punjab
Redfort Capital provides working capital loan of ₹44 million to Pancham Hospital for expansion of specialties and services in Oncological department and enhancement of medical infrastructure.
Pancham Hospital was founded in 2013 by a group of doctors to deliver world-class healthcare within reach of the general public. Located in Ludhiana, Punjab Pancham Hospital is one of the most respected and trusted healthcare providers in Northeastern India. The 100+ bed multi-specialty tertiary care Hospital has revolutionised healthcare delivery in the region through not just technological advancements and innovative treatment techniques, but also in the area of patient care.
The hospital has departments such as Cardiology, Nephrology, Medicine, Gynaecology, General and Gastro Surgery, Orthopaedic and Neuro Trauma, Plastic surgery, Oncology & Onco Surgery etc. with full time and part time specialists.
The money from Red Fort Capital is expected to significantly increase Pancham Hospital’s growth plans. The funds will be used to improve the hospital’s medical infrastructure, introduce new specialisations and technology, and extend its services in order to meet the region’s growing demand for high-quality, low-cost healthcare.