Investment through India Credit Opportunities Fund II to support clinic expansion, infrastructure enhancement, technology-led transformation and expansion into new wellness and preventive healthcare segments
Hyderabad, August 26, 2026: Kolors Healthcare India Pvt. Ltd., one of South India’s established wellness and preventive healthcare chains, today announced that Piramal Alternatives, the fund management arm of Piramal Group, has invested ₹215 crore in the company through its India Credit Opportunities Fund II (PCF II).
Accelerating the next phase of Kolors Healthcare
The investment marks a significant milestone in Kolors Healthcare’s growth journey and is expected to accelerate the company’s expansion, strengthen its existing network, upgrade centre infrastructure and broaden its portfolio of wellness and preventive healthcare services.
The capital infusion will support Kolors Healthcare’s plans to expand its clinic network, modernise existing centres, strengthen infrastructure and introduce additional services across wellness and preventive healthcare.
As part of its next phase of growth, Kolors is also undertaking “Kolors 2.0”, a comprehensive transformation programme focused on upgrading its centres, processes, technology, customer experience and operational capabilities.
Building a technology-enabled wellness platform
The programme is designed to create a more integrated and personalised healthcare and wellness experience for customers while building a scalable platform for the company’s expansion across India.
Kolors Healthcare intends to strengthen its technology and operational infrastructure while continuing to improve the way customers access and experience wellness services. The company’s growth strategy is centred on combining physical healthcare infrastructure with technology, personalised programmes and data-driven customer engagement.
Leadership Perspective
Kalpesh Kikani, CEO, Piramal Alternatives, said:
“We see significant potential for Kolors Healthcare to expand its position in the wellness and preventive healthcare market. The company’s brand, focus on customer outcomes and investments in technology and service innovation provide a strong foundation for its next phase of growth. We look forward to working closely with the Kolors management team as it scales the business and builds long-term value.
Vijaya Krishna, Managing Director, Kolors Healthcare India Pvt. Ltd., said:
“The investment from Piramal Alternatives is an important milestone for Kolors Healthcare and a strong endorsement of the platform we have built over the years. This partnership will enable us to accelerate our expansion, strengthen our infrastructure and invest in new capabilities and services. Through our Kolors 2.0 transformation programme, we are focused on building a more technology-enabled, personalised and accessible wellness platform for the next generation of consumers.”
Venkata Shivaji Kuna, Executive Director, Kolors Healthcare, said:
“Healthcare is increasingly shifting from a reactive approach to a more proactive and preventive model. Consumers want solutions that are personalised, convenient and accessible. Our partnership with Piramal Alternatives gives us the opportunity to build on our existing strengths and expand our platform to address the evolving lifestyle and preventive healthcare needs of customers across India.”
Responding to India’s Changing Healthcare Needs
India’s wellness and preventive healthcare landscape is undergoing a significant transformation, driven by greater awareness of lifestyle-related health concerns, increasing focus on prevention and rising demand for personalised healthcare and wellness solutions.
Kolors Healthcare aims to participate in this transformation by expanding its physical footprint while investing in technology, infrastructure, service innovation and customer-centric care models. With the support of Piramal Alternatives, the company plans to strengthen its presence in existing markets and evaluate opportunities for expansion into additional geographies and segments.
About Kolors Healthcare
Kolors Healthcare India Pvt. Ltd. is a wellness and preventive healthcare company with a growing network of centres across South India. The company operates across wellness, slimming, hair and skin care and related preventive healthcare services, with a focus on personalised programmes and technology-enabled customer experiences.
With its Kolors 2.0 transformation programme, the company is focused on building a more integrated, scalable and customer-centric healthcare and wellness platform as it enters its next phase of growth.
About Piramal Alternatives
Piramal Alternatives is the fund management arm of Piramal Group and provides customised capital solutions to mid-market businesses. The firm invests across sectors and partners with management teams to support business expansion, transformation and long-term value creation.
