Healthcare Horizons: eYantra Ventures Acquires 60 Percent Stake in NASAPL

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eYantra Ventures Ltd has officially acquired a 60 percent controlling stake in Neuro and Spine Associates Private Limited (NASAPL), making the Hyderabad-based healthcare startup its subsidiary. The Rs 15 crore investment marks eYantra’s strategic entry into the healthcare sector, expanding its diversified portfolio beyond technology and gifting solutions.

Key Highlights From the Acquisition

- eYantra will invest up to Rs 15 crore for 75,000 equity shares at Rs 2,000 each, including premium
- NASAPL, incorporated in February 2024, operates hospitals offering in-patient and out-patient services
- The acquisition is structured as a cash transaction and is expected to be completed within 18 months
- NASAPL has no prior revenue, being a newly formed entity, and is not a related party to eYantra
- The move is aimed at achieving inorganic growth and leveraging the expertise of veteran doctors

Strategic Rationale and Leadership

- The acquisition allows eYantra to diversify into healthcare, a high-growth and impact-driven sector
- NASAPL will be led by Dr Riyaj M. Khan, a seasoned healthcare executive with over 17 years of experience
- Dr Khan’s leadership is expected to drive innovation, operational excellence, and patient-centric care

Outlook

This acquisition aligns with eYantra’s broader strategy of building EBITDA-accretive businesses and expanding into high-potential verticals. With NASAPL under its wing, the company is poised to tap into India’s evolving healthcare landscape.

Sources: Business Standard, MoneyWorks4Me, eYantra Ventures Ltd regulatory filings, Screener.in, BSE India