metropolis

Our Journey

Milestones Enhancing Our Growth Trajectory

1981

Set up first Referral Laboratory, by Founder & Chairman Dr. Sushil Shah

1992

Commenced clinical research services

2001

Ms. Ameera Shah starts building Metropolis and redefines its growth strategy
Carried out first major acquisition – Sudharma (Kerela)
Introduced home service vertical

2006

Capital infusion by ICICI Ventures

2010

Secondary transaction by Foxcreek Investment Limited (an affiliated company of Warburg Pincus)

2013

Expansion in developing African countries

2015

Exit of Warburg Pincus, management control by Promoters and entry of Carlyle

2016

New Professional Management team and roll out of Metropolis Retail strategy

2018-20

Strong thrust on retail front-end expansion
First Public Private Partnership (PPP) initiated
Successful listing on Indian Stock Exchanges

2020-21

Became the first private diagnostics lab in India to start testing for Covid-19

2021-22

Acquisition of Hitech Diagnostics Centre to strengthen presence in South India.
Initiated Network Expansion Project (90:30) to add 90 labs and 1800 service collection centres in Tier 2 and Tier 3 cities
Merger by absorption of 8 wholly-owned subsidiaries with the Company