JV Ventures plans to open 75 Medical Centres across India in next 5 years

The first centre will be operational in Hyderabad's HITECH City

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New Delhi: JV Ventures has announced the launch of The Medical Centre (TMC), a healthcare-dedicated platform.
TMC aims to integrate convenient end-to-end medical services and integrated wellness under one roof, with plans to open 75 centres across India over the next five years.
The first centre will be operational in Hyderabad’s HITECH City.
Strategically located near residential neighbourhoods, TMC centres will provide easy access to healthcare services. These multi-tenanted facilities will house specialty clinics, physicians, diagnostics, and pharmacies, offering a one-stop solution for patients.
Additionally, TMC will provide purpose-built medical facilities for doctors and clinics, minimizing upfront infrastructure investments. The centres will feature code-compliant designs with amenities such as stretcher lifts, ample parking, and wheelchair access. TMC also offers built-to-suit options for hospital chains, supporting their asset-light expansion strategies.
Complementing the physical infrastructure, TMC introduces “The Specialist” and “Prescriptions” services to foster medical entrepreneurship. “The Specialist” provides medical co-working spaces with flexible leasing models, fully furnished facilities, and trained support staff. It also includes a digital community platform for doctors to share knowledge and raise patient awareness. “Prescriptions,” the venture capital arm, offers equity-linked investments to young medical professionals, supported by funds from angel investors, family offices, and high-net-worth individuals.
JV Ventures, which has already established significant platforms in education and life sciences with a combined portfolio of USD 500 million, will invest USD 600 million into this new venture. TMC will open its flagship centre in six months, with further expansion planned in key cities like Bengaluru and Pune.
Vishal Goel, co-founder of JV Ventures, emphasized, “India is likely to witness an exponential growth in demand of hospital beds for in-patient services that may grow at a CAGR of 4.8% to reach 3.57 million by 2033. Fuelled by limited public investment, this demand would increase the per capita availability of hospital beds from 1.6 per 1000 in 2023 to 2.4 in 2033. We believe the TMC platform, with its multi-pronged approach, will be a game-changer that will redefine how healthcare services are provided.”
Jasmeet Singh Chhabra, co-founder of JV Ventures, added, “The addition of TMC to our portfolio is a testament to our efforts to invest and develop socially relevant infrastructure with community at its core. In addition to that, it warrants our investment partner’s favourable returns given the rising demand for such centres which is expected to double in the next decade.”
Raja Jain, CEO of TMC, expressed enthusiasm for the project, “This is a great opportunity to develop a unique, first-of-its-kind offering in India. Our first centre of about 35,000 sq ft is in HITEC City, a prominent IT and residential hub in Hyderabad and we look forward to expanding our footprint to Bengaluru, Pune, and other major Cities.”
The Indian healthcare industry is undergoing rapid transformation, driven by economic, social, and policy factors. Healthcare expenditure is expected to grow at a CAGR of 15-17%, reaching INR 7.67 trillion by fiscal 2025. In 2023, India accounted for over USD 4.6 billion of the USD 14 billion private equity investments in the healthcare sector in the Asia Pacific region.
As healthcare models evolve, there is a shift towards outpatient services in specialized centres. The demand for such centres, particularly for cardiac care, diabetes, eye care, and birthing, is projected to double in the next decade, reaching a real estate value of over USD 1 billion.
The top 25 Indian cities are estimated to require about 15 million sq ft of medical centres by 2033, highlighting the critical need for innovative healthcare infrastructure solutions like TMC.