About Aster DM Healthcare
Aster DM Healthcare is a company based in Dubai (United Arab Emirates) founded in 1987 by Azad Moopen. It operates as a Managed Services. Aster DM Healthcare has raised $160 million across 3 funding rounds from investors including Olympus Capital Asia, India Value Fund Advisors and True North. The company has 20,460 employees as of March 31, 2024. Aster DM Healthcare has completed 3 acquisitions, including Ramesh Hospitals, Sanad Hospital and Wahat Al Aman Home Healthcare. Aster DM Healthcare offers products and services including Preventive Health, Maternity & Newborn Care, and Gene Therapy. Aster DM Healthcare operates in a competitive market with competitors including Evercare Group, SEHA, Emirates Hospitals Group, UEMedical and Armada group, among others.
- Headquarter Dubai, United Arab Emirates
- Employees 20460 as on 31 Mar, 2024
- Founders Azad Moopen
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Aster Dm Healthcare Ltd.
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Annual Revenue
$484.35 M (USD)11.88as on Mar 31, 2025
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Net Profit
$629.49 M (USD)4060.15as on Mar 31, 2025
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EBITDA
$91.42 M (USD)31.35as on Mar 31, 2025
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Total Equity Funding
$160 M (USD)
in 3 rounds
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Latest Funding Round
$60 M (USD), Private Equity Round
May 28, 2014
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Investors
Olympus Capital Asia
& 2 more
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Employee Count
20460
as on Mar 31, 2024
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Investments & Acquisitions
Ramesh Hospitals
& 2 more
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IPO & Listings of Aster DM Healthcare
Aster DM Healthcare is a publicly listed company on the NSE with ticker symbol ASTERDM in India, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Aster DM Healthcare
Aster DM Healthcare offers a comprehensive portfolio of products and services, including Preventive Health, Maternity & Newborn Care, and Gene Therapy. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Preventive health services are offered for early detection.
Specialized care for high-risk pregnancies is provided here.
Advanced gene therapy treatments are delivered in Dubai.
Funding Insights of Aster DM Healthcare
Aster DM Healthcare has successfully raised a total of $160M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $60 million completed in May 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Private Equity Round — $60.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2014 | Amount | Private Equity Round - Aster DM Healthcare | Valuation | India Value Fund Advisors , Olympus Capital Asia |
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| Jan, 2012 | Amount | Private Equity Round - Aster DM Healthcare | Valuation | Olympus Capital Asia |
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| Dec, 2007 | Amount | Private Equity Round - Aster DM Healthcare | Valuation | True North |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aster DM Healthcare
Aster DM Healthcare has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Olympus Capital Asia, India Value Fund Advisors and True North. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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PE firm investing in India
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Founded Year | Domain | Location | |
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Private equity investments in middle market companies across Asia.
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Founded Year | Domain | Location | |
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Private equity is invested by True North in mid-market companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aster DM Healthcare
Aster DM Healthcare has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Ramesh Hospitals, Sanad Hospital and Wahat Al Aman Home Healthcare. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Diversified home healthcare services are provided in Abu Dhabi.
|
2019 | ||||
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Multispeciality hospital services are delivered in Riyadh.
|
2014 | ||||
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Network of multispeciality hospitals
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1988 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Aster DM Healthcare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aster Dm Healthcare Comparisons
Competitors of Aster DM Healthcare
Aster DM Healthcare operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Evercare Group, SEHA, Emirates Hospitals Group, UEMedical and Armada group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Leading healthcare network
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| domain | founded_year | HQ Location |
Chain of health systems hospitals
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| domain | founded_year | HQ Location |
Chain of health systems is operated in Dubai, UAE.
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| domain | founded_year | HQ Location |
Health systems
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| domain | founded_year | HQ Location |
Provides health systems solutions for various healthcare applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aster Dm Healthcare
Frequently Asked Questions about Aster DM Healthcare
When was Aster DM Healthcare founded?
Aster DM Healthcare was founded in 1987 and raised its 1st funding round 20 years after it was founded.
Where is Aster DM Healthcare located?
Aster DM Healthcare is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Aster DM Healthcare?
Alisha Moopen is the current CEO of Aster DM Healthcare.
Is Aster DM Healthcare a funded company?
Aster DM Healthcare is a funded company, having raised a total of $160M across 3 funding rounds to date.
How many employees does Aster DM Healthcare have?
As of Mar 31, 2024, the latest employee count at Aster DM Healthcare is 20,460.
What is the annual revenue of Aster DM Healthcare?
Annual revenue of Aster DM Healthcare is $484.35M as on Mar 31, 2025.
What does Aster DM Healthcare do?
Aster DM Healthcare is engaged in delivering accessible and high-quality healthcare across the GCC region. Services are provided in primary, secondary, tertiary, and quaternary care, alongside healthcare retailing, diagnostic labs, and digital health platforms. The company is focused on preventive health, maternity care, and advanced treatments like gene therapy. Operations are spread across hospitals, clinics, and pharmacies, with a mission to transform the Gulf into a leading healthcare destination through innovation and excellence.
Who are the top competitors of Aster DM Healthcare?
Aster DM Healthcare's top competitors include SEHA, Evercare Group and UEMedical.
What products or services does Aster DM Healthcare offer?
Aster DM Healthcare offers Preventive Health, Maternity & Newborn Care, and Gene Therapy.
Is Aster DM Healthcare publicly traded?
Yes, Aster DM Healthcare is publicly traded on NSE under the ticker symbol ASTERDM.
How many acquisitions has Aster DM Healthcare made?
Aster DM Healthcare has made 3 acquisitions, including Ramesh Hospitals, Sanad Hospital, and Wahat Al Aman Home Healthcare.
Who are Aster DM Healthcare's investors?
Aster DM Healthcare has 3 investors. Key investors include Olympus Capital Asia, India Value Fund Advisors, and True North.
What is Aster DM Healthcare's ticker symbol?
The ticker symbol of Aster DM Healthcare is ASTERDM on NSE.