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Bajaj Finserv Health acquires 100% stake in Vidal Healthcare Services for Rs 325 crore, expanding healthcare offerings and supporting government initiatives.
Bajaj Finserv Health Ltd, a subsidiary of Bajaj Finserv Ltd, has announced the signing of a share purchase agreement to acquire 100% stake in Vidal Healthcare Services Private Ltd (VHC) and its subsidiaries and an associate company for a total of Rs 325 crore.
The acquisition will allow Bajaj Finserv Health to offer OPD, wellness, and hospitalisation benefits to customers and play a significant role in various healthcare initiatives of the government and insurance regulator.
VHC is a leading healthcare administrator in India with a wholly-owned subsidiary, VHI-TPA, that services premium of over Rs 5,000 crore, covering 130 million lives.
Bajaj Finserv Health adquiere una participación del 100% en Vidal Healthcare Services por 325 millones de rupias, ampliando la oferta de atención médica y apoyando iniciativas gubernamentales.