Paras Healthcare secures $20M investment from 360 ONE Asset

INDIA – Paras Healthcare, a well-known hospital chain in North India, has received an investment of ₹170 crore (approximately US$ 20 million) from 360 ONE Asset.

This funding will support the hospital group’s plans to grow and bring affordable, high-quality healthcare to more people in Tier I and Tier II cities.

360 ONE Asset, which is part of 360 ONE WAM, shared that this is their seventh investment in the Indian healthcare sector.

The deal includes both a primary investment to fund expansion and a secondary part, allowing an existing investor to partially exit.

Founded by Dr. Dharminder Nagar, Paras Healthcare runs more than 2,000 beds across eight hospitals.

The company is known for offering reliable and cost-effective care using a smart, asset-light business model.

Their focus has been on serving underserved regions with good medical services that don’t come at a high price.

Umesh Agrawal, a Senior Fund Manager at 360 ONE Asset, said, “We believe strongly in the future of healthcare in India.”

“This partnership with Paras Healthcare fits well with our goal of supporting companies that improve access to care. It’s also part of our Pre-IPO strategy, where we back high-potential businesses before they go public.”

360 ONE Asset is one of India’s major asset management firms, handling around US$ 10 billion. Its private equity and venture capital division manages over US$ 3 billion and focuses on high-growth sectors like healthcare, technology, and finance.