BlackSoil invests ₹110 crore in Regency Hospital

Regency Hospital, 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 over three decades of experience, Regency operates hospitals and healthcare facilities across Kanpur, Lucknow, and Gorakhpur, offering multi- and super-specialty care across oncology, nephrology, gastroenterology, cardiology, critical care and other specialities.

The fundraise comes as healthcare delivery and demand for specialised care continue to grow beyond India’s major metropolitan centres. The expansion of established healthcare operators across tier-2 and tier-3 markets, along with 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, the CEO, Regency Hospital 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, 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 sees a growing financing opportunity across hospitals, diagnostics, specialty healthcare operators and medical equipment businesses.

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.”

BlackSoil expects to continue building its healthcare lending portfolio, with a focus on established operators expanding their presence across tier-2 and tier-3 markets.