In 1953,
T. M. A. Pai founded
Kasturba Medical College in coastal Karnataka. The college operated as a public-private partnership utilizing the government hospitals in
Mangalore. Dr. Pai was an Indian
doctor,
educationist, and
philanthropist who was awarded the
Padma Shri by the Government of India in 1972. The first branch of Manipal Hospitals was established in
Bangalore in 1991. This branch is a 600-bed
quaternary care facility that houses over 60 specialties. In 1997, Manipal Hospitals, Mangalore, was established. This 251-bed tertiary care hospital named
KMC Hospital, a teaching hospital for Kasturba Medical College, Mangalore. In April 2021, Manipal Hospitals announced the sale of its only hospital outside India,
Manipal Hospital Klang in Malaysia, to
Ramsay Sime Darby Health Care for . In 2021, Manipal Hospitals acquired
Columbia Asia's 11 hospitals in India for 2,100 crore. All Columbia Asia hospitals were later
rebranded as Manipal Hospitals. In 2021, Manipal Hospitals acquired Vikram Hospital in Bangalore for 350 crore. In 2022, Manipal Hospitals group company Manipal HealthMap acquired a majority stake in diagnostics company Medcis PathLabs. In 2023,
Temasek Holdings-backed Sheares Healthcare India acquired a 41% stake in Manipal Hospitals for about , increasing its shareholding to 59% and becoming the
controlling stakeholder in the hospital chain. The acquisition valued the hospital chain at around . In 2023, Manipal Hospitals acquired an 84% controlling stake in
AMRI Hospitals for . In April 2024, Manipal Hospitals acquired 87% stake in Medica Synergie Hospitals for ₹1,400 crore. In July 2025, Manipal Health acquired a majority stake in
Sahyadri Hospitals from Canada's
Ontario Teachers' Pension Plan for ₹6,400 crore (approximately US$775 million). ==Gallery==