Apollo Hospitals splits pharmacy and digital units into Apollo HealthCo for faster growth and better focus, aiming for a public listing by FY27.

Apollo Hospitals Enterprise is spinning off its pharmacy and digital health units into a new entity, Apollo HealthCo, to boost strategic focus and shareholder value, driven by distinct business models and growth rates—HealthCo is projected to grow at 20% annually versus the hospital division’s 18%. The separation, confirmed by managing director Suneeta Reddy, stems from operational and financial differences, not family issues. The company is expanding in major Indian cities using asset-light models and acquisitions, investing in telemedicine and AI, and shifting toward preventive care to combat rising non-communicable diseases. A leadership succession plan with mentorship programs ensures continuity. Apollo HealthCo aims for a public listing by FY27.