Park Medi World Limited has announced its agreement to acquire the entire existing shareholding of KP Institute of Medical Sciences (KPIMS) in Agra, Uttar Pradesh, for an all-cash transaction amounting to ₹245 Crore. This acquisition, which includes a facility with a total capacity of 360 beds, aligns with Park Medi World's cluster-based growth strategy aimed at maximizing operational efficiencies and achieving economies of scale. The move is expected to significantly reinforce the Park Group's presence in key urban centers across North India. Dr. Ankit Gupta, Managing Director of Park Medi World Limited, stated that the integration of KPIMS is a major step in expanding their presence and upholding the vision of providing accessible, quality, and affordable care. KPIMS, launched in 2023, is a prominent multi-specialty provider with NABH accreditation. The acquisition is anticipated to be completed by February 28, 2026. Park Group currently operates 14 hospitals with 3,250 beds and plans to expand its total bed capacity to 5,260 by March 2028 with the integration of additional hospitals.