Park Medi World was incorporated in New Delhi as ‘Park Medi World Private Limited’ as a private limited company on January 20, 2011. Subsequently, the company was converted to a public limited company and the name of the company has been changed to the present name, ‘Park Medi World Limited’, pursuant to a resolution passed by the board on November 15, 2024 and by the shareholders on November 18, 2024.

The company is one of the largest private hospital chains in North India. It offers multiple super specialty and specialty services, including internal medicine, neurology, urology, gastroentereology, general surgery, orthopedics and oncology. It operates a network of NABH accredited multi-super specialty hospitals under the ‘Park’ brand, of which some hospitals are also NABL accredited. The company has adopted a cluster-based approach to grow its network of hospitals leveraging the benefits of proximity between its hospitals leading to operational efficiencies and enabling it to benefit from economies of scale.

In order to ensure that its services remain affordable, the company actively pursue several strategic measures to manage its operating costs. These include employing modern medical technology to reduce recovery time, employing full-time doctors and consultants, nurses and medical staff, maintaining strong relationships with its vendors and leveraging economies of scale from its existing network. The company is led by its founder and Chairman Ajit Gupta, whose leadership and deep understanding of the healthcare landscape in India has laid the foundation for the company’s growth.

Business area of the company 

The company, along with its subsidiaries, is in the business of owning, managing and running medical facilities in order to provide comprehensive services and to undertake research including clinical research and development work required to promote, assist or engage in setting up hospitals.

Services of the company

• Internal Medicine
• Neurology
• Urology
• Gastroenterology
• Cardiology
• General Surgery
• Orthopedic
• Oncology
• Other specialty service

Awards, accreditations and recognition 

• 2017: Indian Excellence Award for ‘Best Multi-Specialty Hospital in Delhi-NCR and Haryana’ in ‘Healthcare & Business Sector’ was awarded to Park Hospital.
• 2019: Healthcare Leadership Award for ‘Best Multi Super Speciality Hospital’ was awarded to Park Hospital, Gurgaon.
• 2019: Award for ‘Most Valuable and Admirable Hospital’ was awarded to Park group of Hospitals by ET Now.

History and milestones

• 2011: Incorporation of the company on January 20, 2011.
• 2011:  Took over the running proprietorship business of Park Sunil Hospital, Delhi and/or Park Hospital, New Delhi from one of the Promoters, Ajit Gupta.
• 2011: The company acquired Aggarwal Hospitals and Research Services Private Limited.
• 2017: The company’s subsidiary, Park Medicenters acquired DMR Hospitals Private Limited.
• 2020: The company acquired Blue Heavens Health Care Private Limited.
• 2020: The company’s subsidiary, Kailash Super-Speciality Hospital Private Limited acquired 100% running business of ‘Kailash Hospital Behror’.
• 2021: The company acquired Umkal Health Care Private Limited.
• 2021: The company’s subsidiary, Park Medicity India Private Limited acquired Narsingh Hospital & Heart Institute Private Limited.
• 2022: The company’s subsidiary, Park Medicenters & Institutions Private Limited acquired Ratangiri Innovations Private Limited.
• 2023: The company’s subsidiary, Park Medicenters & Institutions Private Limited acquired R G S Healthcare Limited.
• 2025: The company’s subsidiary, Aggarwal Hospitals and Research Services Private Limited acquired 55.00% share capital Devina Derma Private Limited.