Post-Apollo acquisition, AyurVAID sees fourfold growth, plans for nationwide growth

Rajiv Vasudevan, Founder, CEO & MD of Apollo AyurVAID
While healthcare majors like Manipal, Apollo and Max Healthcare are rapidly scaling through acquisitions, the acquired entities are also benefiting from strong post-integration momentum.
Apollo AyurVAID, which was acquired by Apollo Hospitals in 2022, has seen a fourfold increase in patient footfalls, along with a notable improvement in brand recognition, perception, and referral volumes.
“Referral traffic has grown from 25 per cent to 30 per cent,” said Rajiv Vasudevan, Founder, CEO & MD of Apollo AyurVAID.
The company, which focuses on precision Ayurveda for chronic conditions, plans to close FY25 with nine hospitals and one clinic, and aims to scale up to 18 hospitals by end-FY26. New markets will include Mumbai, Pune, Hyderabad, and Kolkata.
AyurVAID aims to expand its capacity to 1,000 beds by 2028, up from the current 185 beds.
Currently, around 95 per cent of Apollo AyurVAID’s patients seek treatment for chronic conditions, ranging from acute-on-chronic issues and long-term ailments to rehabilitation. To meet rising demand for root-cause-driven, long-term wellness care, the company is doubling down on its precision Ayurveda strategy.
Financially, the company has recorded ₹11.6 crore in revenue in FY23, it is now targeting a ₹100 crore milestone by October 2026.
“Our current growth plans are well-funded, but we may explore additional funding options over the next 18-24 months,” Vasudevan noted.
Expansion plan
Apollo AyurVAID is also exploring international expansion, with interest in countries including USA, Germany, Switzerland, UK, UAE and South East Asia.
That said, the company’s vision remains firmly rooted in mainstreaming Ayurveda in India first.
“From day one, our mission has been larger than building a successful company, we aim to lead the rigorous, evidence-based mainstreaming of Ayurveda as a contemporary system of healthcare,” he said.
“This is not about wellness tourism. We want to develop a scalable, replicable model for Ayurveda that works in India and can eventually be adapted globally.”
Published on July 11, 2025
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