Abhay Soi

Chairman & Managing Director, Max Healthcare Institute

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Abhay Soi

Chairman & Managing Director, Max Healthcare Institute

Summary

Abhay Soi is the chairman and MD of Max Healthcare, India’s second-largest listed hospital chain by revenue. A first‑generation entrepreneur, he led the merger of Radiant Life Care and Max Healthcare in 2019, transforming quaternary-care facilities in Delhi and Mumbai.

Personal Information

Age

51

Nationality

Indian

Residence

Mumbai

Marital Status

Married

Key Achievements & Major Timelines

  • In 2010, Soi took over BLK Hospital under Radiant Life Care.
  • In 2014, He revamped Nanavati Hospital, Mumbai.
  • In 2019, He, in partnership with the global investment firm KKR, led the strategic merger of Radiant Life Care with Max Healthcare.
  • In 2020, He converted Max Saket in New Delhi and Max Nanavati in Mumbai in Covid-19 facility.
  • In 2023, He won Entrepreneur of the Year Award at the Forbes India Leadership Awards.

Challenges & Controversies

During the pandemic, Max Healthcare’s Covid‑19 treatment charges drew the ire of people on social media—reports highlighted daily ICU + ventilator fees as high as ₹72,000, prompting an official request from the Delhi government to disclose pricing. Later, Max clarified that the rates included consumables, medicines, and nursing care.

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