U.S. growth equity firm TPG Growth-funded Indian healthcare platform Asia Healthcare Holdings (AHH) has raised $50 million from Singapore’s Temasek-owned Sheares Healthcare, an investor, and provider of healthcare delivery services.

AHH will use the funding to grow and diversify its platform.

The investment builds on AHH’s strategy to assemble a group of leading regional healthcare executives and global investors.

With the addition of best-in-class partners at Sheares Healthcare and Temasek, TPG Growth expects a clear opportunity for AHH to grow into one of the most exciting healthcare platforms in South Asia.