mumbai after chalking out a foray into the cement sector through the acquisition of holcims india assets gautam adani head of the eponymous adani group is gearing up for a larger play in healthcare flagship entity adani enterprises has set up a 100 subsidiary adani health ventures to run medical and diagnostic laboratories research centres and other healthcare related activities in the country the move pits adani group indias thirdlargest conglomerate in terms of market cap against the tata group and reliance industries that have made significant investments in the healthcare space in 2020 tata group indias largest conglomerate in terms of market cap had set up tata medical diagnostics to offer patientcentric solutions it had launched covid test kits introduced tata health offers consultation service through a network of physicians and had acquired online pharmacy retailer 1mg in the same year reliance industries had acquired pharma distributor and online drug retailer netmeds to be sure all the three conglomerates have a presence in healthcare through their foundations that run hospitals in a regulatory filing adani enterprises which incubates new businesses for the group said the may 17 incorporated healthcare entity will commence its business operations in due course it has already taken baby steps in this area by acquiring a minority stake in an israeli startup forsight robotics for 20 million in april this year forsight is a platform designed for ophthalmological eye surgeries adani observers expect the ahmedabadbased conglomerate to acquire diagnostic laboratories and pharmacy retail chains a strategy it has followed to enter new areas to propel its healthcare play the group has made more than 30 acquisitions valued at over 17 billion in the past year according to a recent bloomberg report it has snapped up kohinoor basmati rice brand and a green energy company from softbank besides buying a minority stake in travel services firm cleartrip