VPS Lakeshore

What VPS Lakeshore does

VPS Lakeshore, legally Lakeshore Hospital and Research Centre Ltd, operates a multispecialty hospital campus in Kochi, Kerala (India) supplemented by a satellite medical centre in Calicut/Kozhikode (launched October 2021). It is a wholly-owned subsidiary of VPS Healthcare, the Middle East-headquartered healthcare group led by founder-chairman Dr. Shamsheer Vayalil, which also controls Burjeel Holdings (listed on the Abu Dhabi Securities Exchange in November 2022). The Kochi facility is positioned as the largest multispecialty hospital in the region, with 24/7 Accident & Emergency services handling approximately 20,000 acute emergencies annually, and core departments spanning Cardiac Sciences (including ECMO and LVAD), Comprehensive Liver Care Institute, Gastro Sciences, Nephrology/Urology/Renal Transplantation, Neuro Sciences, Oncology, Orthopaedics, and integrated Ayurvedic services through VPS Lakeshore Ayurkshethra.

Its technology footprint centers on advanced surgical capability rather than software: robotic surgery systems, 3D laparoscopic surgery, Asia's first nanoscopic ACL reconstruction, India's first wireless arthroscopy, India's first dedicated Centre for Complex Head & Neck Cancer (CCHNC), Kerala's first artificial ankle cartilage transplant, Kerala's first artificial heart transplant (LVAD), and a state-of-the-art cath lab. The hospital holds NABH, NABL, ISO 9001:2015, Bureau Veritas/UKAS, Kayakalp, and GreenOT certifications, and received the FICCI Best Hospital Award in 2022. Throughput milestones include 300+ life-saving organ transplants in 2022 and 120 liver transplants with a 94% success rate.

VPS Lakeshore operates a fee-for-service revenue model spanning direct patient services, complex surgical procedures, health checkup packages, and a dedicated Medical Value Travel vertical serving international patients from the Middle East, Europe, UK, and NRI markets (Canada, Australia, Bahrain, UAE). Customer acquisition combines physical campus visits, online appointment booking, WhatsApp Business assistance (launched November 2021), video consultation via the Connect2MyDoctor platform, home care services, and corporate/association discount programs. The hospital has declared shareholder dividends of 10% in 2019 and 17% in 2023, indicating a profitable operating model under a closely-held ownership structure with external shareholders.

Name

VPS Lakeshore

Legal name

Lakeshore Hospital and Research Centre Ltd

Website

https://vpslakeshorehospital.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

VPS Lakeshore operates a large multispecialty hospital in Kochi, Kerala (India) with a satellite medical centre in Calicut, serving domestic patients, international medical tourists, and corporate clients through advanced tertiary services including organ transplantation, robotic surgery, oncology, and cardiac care.

Ownership category

akta.pro rank

Headquarters

HQ city

Kochi

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Patient Healthcare Services: Direct patient services including consultations, diagnostic tests, surgical procedures, inpatient care, and emergency services. Revenue generated from individual patient treatments and hospital stays.
2. Medical Procedures and Surgeries: Revenue from complex surgical procedures including organ transplants, cardiac surgeries, cancer treatments, and advanced minimally invasive surgeries.
3. Health Checkup Packages: Preventive health checkup packages offered to individuals and corporates with various screening tests.
4. Medical Value Travel Services: Specialized services for international patients including visa assistance, accommodation coordination, and treatment packages for patients from Middle East, Europe, and other regions.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

VPS Lakeshore is a multi-specialty hospital in Kochi, Kerala offering comprehensive healthcare services across cardiac sciences, oncology, neurology, nephrology, gastro sciences, liver care, orthopaedics, accident & emergency, and organ transplantation. The hospital delivers advanced procedures including robotic surgery, organ transplants (liver, kidney, heart), minimally invasive and 3D laparoscopic surgeries, and serves both domestic and international patients through medical tourism services, video consultations, and home care.

Product overview

VPS Lakeshore is a multi-specialty hospital in Kochi, Kerala offering comprehensive healthcare services across multiple specialties. The hospital provides a unified platform of medical services including Robotic Surgery, Cardiac Sciences with heart transplantation capabilities, Comprehensive Liver Care with transplantation, Gastro Sciences, Nephrology with renal transplantation, Neuro Sciences, Oncology, Orthopaedics with sports medicine, and 24/7 Accident & Emergency services. The hospital supports patient care through Video Consultation, a Patient Portal for online access, and integrates Ayurvedic treatments through VPS Lakeshore Ayurkshethra. The hospital also operates specialized services including a Diabetic Foot Lab, Sleep Disorders Clinic, Obesity Clinic, and Cancer screening programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Robotic Surgery

Quantifiable outcome

• 120 liver transplants with 94% success rate during COVID-19
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Dubai Health AuthoritycoreStrategic or Co-development Partner · 5 December 2019VPS Lakeshore signed a Memorandum of Understanding with Dubai Health Authority for collaboration in healthcare services, training, and knowledge sharing. A senior delegation of DHA officials led by H.E. Humaid Al Qutami visited VPS Lakeshore to explore partnership opportunities.
• Kochi Metro Rail LtdminorGTM or Marketing PartnerJoint organization of Cyclothon 2022 event in association with International Nurse's Day, promoting health and wellness in the community.
• Kerala Football AssociationminorGTM or Marketing PartnerPartnership to launch 'Kaiyam Health Ashwar' health card for football players, providing healthcare benefits to athletes.
• BPCL (Bharat Petroleum Corporation Limited)minorGTM or Marketing PartnerVPS Lakeshore joined hands with BPCL Medical Aid Society to provide healthcare services to BPCL employees and their families with potential discounts.
• Indian Dental Association (IDA)minorStrategic or Co-development PartnerState-wide initiative for oral cancer detection through IDA-led screening programs in Kerala.
• Association of Cochin NephrologistsminorStrategic or Co-development PartnerConference held on kidney transplants in collaboration with Association of Cochin Nephrologists.

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Others

• Burjeel Holdings: ADX-listed parent/related group under the same VPS Healthcare leadership, operating super-specialty hospitals across the UAE, Oman, and India. Closely linked corporate cousin of VPS Lakeshore and a likely co-investor or capital-allocation counterparty.

Broad incumbents

• Apollo Hospitals Enterprise: India's largest multi-specialty hospital chain with 70+ hospitals and a dominant national brand. Directly comparable to VPS Lakeshore as a full-service multi-specialty provider, but at far greater scale, public-market capital, and pan-India footprint.
• Fortis Healthcare: Major listed Indian multi-specialty hospital operator with strong presence in cardiac, oncology, orthopaedics, and transplants. Competes for high-acuity patients in the same multi-specialty category as VPS Lakeshore, with broader geographic reach.
• Max Healthcare Institute: Listed North India-led multi-specialty hospital chain with strong tertiary care programs in oncology, cardiac sciences, and neuro sciences. Comparable clinical capabilities and patient segment, though currently weaker in Kerala and the GCC medical tourism corridor.
• Medanta (Global Health): Listed Indian multi-specialty hospital chain known for complex tertiary care including transplants, cardiac, neuro, and oncology. Directly comparable clinical mix to VPS Lakeshore, with comparable reputation for high-acuity procedures.
• Manipal Hospitals: Pan-India multi-specialty hospital chain with tertiary and quaternary care across cardiac, neuro, oncology, and transplants. Comparable service mix and target patient profile to VPS Lakeshore at larger scale.

Regional players

• Baby Memorial Hospital: Large multi-specialty hospital in Kozhikode (North Kerala) competing with VPS Lakeshore for Kerala and Malabar region patients, especially in complex procedures and emergency care.

Direct peers

• Amrita Hospitals (Amrita Vishwa Vidyapeetham): Large Kerala-based multi-specialty teaching hospital in Kochi offering cardiac, oncology, transplants, and advanced specialties. Direct local competitor to VPS Lakeshore for both domestic and international patients in the same city.
• Aster DM Healthcare: UAE-founded healthcare group with direct hospital operations in Kochi and other Kerala cities, overlapping geographically with VPS Lakeshore. Operates multi-specialty hospitals with active medical tourism and GCC linkages, making it the most direct cross-border peer.
• KIMS Health (Kerala Institute of Medical Sciences): Kerala-headquartered multi-specialty hospital chain expanding across South India and the Gulf. Competes directly with VPS Lakeshore for Kerala patients, complex surgeries, and medical tourism.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

• Xx.com/vpslakeshore
• Facebookfacebook.com/VPSLakeshore
• LinkedInlinkedin.com/company/vps-lakeshore

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VPS Lakeshore