Birla Fertility & IVF's Major Investment Plans to Expand Fertility Services

Birla Fertility & IVF, a CK Birla group company, plans to invest Rs 500 crore over the next 2-3 years to expand its market share. The company aims to establish 10-12 new centres in southern states and recently acquired BabyScience and ARMC IVF, growing its network to 50 clinics.


Devdiscourse News Desk | Mumbai | Updated: 29-08-2024 15:21 IST | Created: 29-08-2024 15:21 IST
Birla Fertility & IVF's Major Investment Plans to Expand Fertility Services
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The USD 3-billion CK Birla group company, Birla Fertility & IVF, plans to invest Rs 500 crore over the next 2-3 years, aiming to capture a larger share of the domestic market, according to a company statement released on Thursday.

As the third-largest fertility chain in the country, Birla Fertility & IVF intends to expand its presence in the southern region by launching 10-12 new centres across Karnataka, Tamil Nadu, Kerala, Telangana, and Andhra Pradesh within the next 12-24 months.

Avanti Birla, Chairman and Founder, revealed that the group targets a more significant portion of the IVF market by investing heavily in infrastructure and leveraging its expertise to provide fertility solutions, particularly in Tier II and Tier III cities. Chief Business Officer Abhishek Aggrawal added that the company aims to deliver exceptional pregnancy rates meeting international standards by using its global expertise and infrastructure.

Recently, the company expanded its network to 50 clinics nationwide by acquiring fertility clinic chains, BabyScience, and ARMC IVF. The acquisition includes 12 BabyScience clinics in Karnataka, Maharashtra, and Tamil Nadu, reinforcing its footprint in southern and western India. This move aligns with the company's goal of establishing 100 clinics by FY28 through organic growth, further acquisitions, and strategic partnerships.

(With inputs from agencies.)

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