Mumbai: Regency Hospital Limited, a leading tertiary care healthcare provider in Uttar Pradesh, has raised ₹110 crore from BlackSoil Capital to fund its expansion and investments in new healthcare infrastructure.
With more than three decades of experience, Regency Hospital operates hospitals and healthcare facilities across Kanpur, Lucknow and Gorakhpur.
Its healthcare network provides multi-specialty and super-specialty care across oncology, nephrology, gastroenterology, cardiology, critical care and other specialities.
The ₹110 crore financing from BlackSoil Capital comes as healthcare delivery and demand for specialised care continue to expand beyond India’s major metropolitan centres.
The growth of established healthcare operators across tier-2 and tier-3 markets, alongside increasing insurance and government healthcare scheme penetration, is creating greater demand for institutional capital to build and expand healthcare capacity.
Commenting on the fundraise, Abhishek Kapoor, CEO, Regency Hospital Limited, said: “Regency has remained focused on expanding access to quality tertiary and super-specialty healthcare across Uttar Pradesh.
The ₹110 crore financing from BlackSoil will support our investments in new healthcare infrastructure and enable us to build further capacity in markets where the demand for specialised care continues to grow.”
For BlackSoil Capital, the transaction reflects its growing focus on the healthcare sector and its approach of financing established businesses with clear growth plans.
The platform has built exposure across hospitals, diagnostics and medical equipment distribution.
BlackSoil Capital sees a growing financing opportunity across hospitals, diagnostics, specialty healthcare operators and medical equipment businesses.
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Ankur Bansal, MD, BlackSoil, said, “Regency is an established regional healthcare operator with a strong operating track record and a clear pipeline for adding capacity. Its presence across tier-2 markets and depth in specialised care make it a good fit for our healthcare credit strategy.
We see meaningful opportunities to finance established healthcare businesses as they invest in new capacity and infrastructure.”
The transaction further expands BlackSoil Capital’s healthcare lending activity, with the platform expecting to continue building its healthcare lending portfolio.
The focus will be on established operators expanding their presence across tier-2 and tier-3 markets.
Regency Hospital Limited
Incorporated in 1987, Regency Hospital Limited is one of Uttar Pradesh’s leading tertiary and quaternary healthcare providers. With hospitals and healthcare facilities across Kanpur, Lucknow and Gorakhpur, Regency offers comprehensive multi-specialty and super-specialty medical services.
Regency is committed to providing patients with comprehensive, world-class healthcare under one roof by bringing together multiple specialties and super-specialties on a single integrated platform.
The hospital network is supported by experienced clinicians, advanced medical technology and a patient-centric approach, enabling patients to access diagnosis, treatment and critical care across a wide spectrum of medical disciplines.
Driven by its vision of delivering accessible, affordable and quality healthcare, Regency continues to expand its healthcare infrastructure and clinical capabilities to serve communities across Uttar Pradesh.
About BlackSoil
Established in 2016, BlackSoil is an alternative credit platform comprising an RBI-registered systemically important NBFC and a SEBI-registered AIF.
With Assets Under Management (AUM) of $275 million and an A- (Stable) / A2+ rating from ICRA, BlackSoil Capital has built a strong underwriting and repayment track record serving MSMEs, enterprises and retail businesses across India and Southeast Asian markets.
The platform provides alternative credit solutions to fast-growing and underserved new-economy businesses across short- and long-term capital needs. Its portfolio includes eleven unicorns and fourteen publicly listed companies.
BlackSoil Capital integrates ESG principles across its investment lifecycle, with a focus on responsible capital deployment, financial inclusion and sustainable economic growth.
It is backed by leading global DFIs and institutional investors, including FMO, Gray Matters Capital and Triodos Investment Management, along with the family offices of Allcargo Logistics, Navneet Education and Mahavir Agency.
