Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare features among India's Top 5 cash-rich promoters - Middle East Business News and Information
The company had declared a special dividend of Rs.118.0 per equity share, a final dividend of Rs.2.0 per equity share and an interim dividend of Rs.4.0 per equity share in FY25. The promoters currently hold 42% stake in Aster DM Healthcare.
This milestone reflects not just personal wealth creation, but the robust financial health and operational performance of Aster DM Healthcare—an integrated healthcare organization built with the mission of providing accessible, high-quality care across India and GCC.
The same year Aster also announced its landmark merger with Quality Care India Ltd. (QCIL). The merger positions Dr. Moopen led Aster DM Quality Care Ltd. (the combined entity) backed by Blackstone among India's top three hospital chains, with 38 hospitals and over 10,300 beds across 27 cities.
Unlike many other promoters in the list, Dr. Moopen's rise stems from an enterprise that prioritizes clinical excellence and community care. From a single clinic in Dubai in 1987 to 900+ healthcare facilities across India and GCC and employing over 34,000+ professionals across seven countries, Dr. Moopen's journey exemplifies sustainable, impact-driven entrepreneurship.
Dr. Moopen is recipient of Padma Shri, 4th highest civilian award by the Government of India in 2011 and has also been honoured with the 'Pravasi Bharatiya Samman' by the Government of India.
Dr. Moopen's initiatives have played a pivotal role in expanding access to healthcare for underserved communities, underscoring his dual legacy as both a compassionate healer and visionary business leader. Recognising the urgent need for quality medical education and infrastructure in Wayanad, he established Dr. Moopen's Medical College—the first medical college in Kerala to be set up in a hilly, tribal, and backward district, marking a transformative step in uplifting healthcare access in Wayanad.
He set up Aster Volunteers in 2016 which has grown to become one of the largest volunteering organisation globally with 85000+ volunteers working to provide disaster and improve medical access to remote areas. Following the devastating floods in Kerala in 2018, he pledged to rebuild lives by constructing homes for those affected, a promise he fulfilled in 2022 by handing 255 homes across the state. During the 2023 landslides in Wayanad, Dr. Moopen led from the front, directing his team and medical professionals to ensure swift deployment of aid and critical healthcare services.
As Aster DM Healthcare enters its next phase of growth, Dr. Moopen's journey stands as a powerful example of how healthcare, rooted in purpose, can also become a powerful engine of sustainable financial value.
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Mid East Info
7 days ago
- Mid East Info
Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare features among India's Top 5 cash-rich promoters - Middle East Business News and Information
Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare is now among India's top five promoter-investors in India in FY25, with a dividend income of ~₹2,594crore. He is the only entrepreneur from Kerala to be featured on the prestigious list, which includes prominent industrialists like Mukesh Ambani, Anil Agarwal, and Azim Premji. The company had declared a special dividend of Rs.118.0 per equity share, a final dividend of Rs.2.0 per equity share and an interim dividend of Rs.4.0 per equity share in FY25. The promoters currently hold 42% stake in Aster DM Healthcare. This milestone reflects not just personal wealth creation, but the robust financial health and operational performance of Aster DM Healthcare—an integrated healthcare organization built with the mission of providing accessible, high-quality care across India and GCC. The same year Aster also announced its landmark merger with Quality Care India Ltd. (QCIL). The merger positions Dr. Moopen led Aster DM Quality Care Ltd. (the combined entity) backed by Blackstone among India's top three hospital chains, with 38 hospitals and over 10,300 beds across 27 cities. Unlike many other promoters in the list, Dr. Moopen's rise stems from an enterprise that prioritizes clinical excellence and community care. From a single clinic in Dubai in 1987 to 900+ healthcare facilities across India and GCC and employing over 34,000+ professionals across seven countries, Dr. Moopen's journey exemplifies sustainable, impact-driven entrepreneurship. Dr. Moopen is recipient of Padma Shri, 4th highest civilian award by the Government of India in 2011 and has also been honoured with the 'Pravasi Bharatiya Samman' by the Government of India. Dr. Moopen's initiatives have played a pivotal role in expanding access to healthcare for underserved communities, underscoring his dual legacy as both a compassionate healer and visionary business leader. Recognising the urgent need for quality medical education and infrastructure in Wayanad, he established Dr. Moopen's Medical College—the first medical college in Kerala to be set up in a hilly, tribal, and backward district, marking a transformative step in uplifting healthcare access in Wayanad. He set up Aster Volunteers in 2016 which has grown to become one of the largest volunteering organisation globally with 85000+ volunteers working to provide disaster and improve medical access to remote areas. Following the devastating floods in Kerala in 2018, he pledged to rebuild lives by constructing homes for those affected, a promise he fulfilled in 2022 by handing 255 homes across the state. During the 2023 landslides in Wayanad, Dr. Moopen led from the front, directing his team and medical professionals to ensure swift deployment of aid and critical healthcare services. As Aster DM Healthcare enters its next phase of growth, Dr. Moopen's journey stands as a powerful example of how healthcare, rooted in purpose, can also become a powerful engine of sustainable financial value.
Mid East Info
07-07-2025
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Aster Clinics Launches Smyl AI, the UAE's First AI-Powered Dental Screening Tool, Pioneering a New Era of Accessible Dental Care
In a major leap toward accessible and technology-driven oral healthcare, Aster Clinics, a leading integrated healthcare provider under Aster DM Healthcare in the GCC, has officially launched Smyl AI – the UAE's first AI-powered Dental Bot, designed to redefine how dental care is delivered and experienced. Smyl AI offers free, instant dental screenings via WhatsApp, making oral health assessments easier, faster, and more accessible than ever before. The launch of Smyl AI marks the beginning of Aster Clinics' Smarter Smiles initiative in the UAE – dedicated to enhancing awareness, enabling early detection, and promoting proactive dental care across the country. Developed in collaboration with India-based an expert in AI health technology, Smyl AI is the first solution of its kind to be introduced in the UAE dental landscape. The innovative AI-enabled tool empowers users to complete a dental screening in under 2 minutes by answering a few simple questions and uploading three images of their teeth (upper, lower, and front). The AI tool then generates a free dental health report, highlighting potential concerns such as cavities, gum disease, plaque, and stains. Users can then easily schedule a consultation with a dental specialist at their nearest Aster Clinic for further evaluation and care. Speaking about this initiative, Ms. Alisha Moopen, Managing Director and Group CEO, Aster DM Healthcare, said 'Technology holds immense potential to transform healthcare, and Smyl AI is a perfect example of how innovation can bridge the gap between awareness and access. Through this initiative, we aim to encourage early diagnosis and preventive care in oral health, an area that often gets neglected until symptoms become severe. At Aster, we are committed to putting powerful tools into the hands of our patients—literally—so they can take charge of their health with confidence and ease.' A recent survey conducted on UAE residents revealed that 80% of participants suffer from dental caries, with 50% visiting a dentist only when in pain, and just 20% making annual dental visits. These alarming statistics highlight the pressing need for regular dental screening and education about oral hygiene. Poor oral hygiene, sugary diets, and low awareness continue to be key contributors. Other prevalent oral health issues include gum and periodontal diseases, plaque and tartar deposits, stains, and mouth sores, as indicated by the survey.[1] Dr. Sherbaz Bichu, CEO of Aster Hospitals and Clinics – UAE, Oman, and Bahrain, commented 'Oral health is a window to overall well-being. Yet, many residents delay dental visits due to fear, cost, or inconvenience. With Smyl AI, we've created an experience that's quick, non-intrusive, and empowering. Our goal is to integrate technology and care—making dental assessments not only more accurate but also more approachable for families, working professionals, and communities across the UAE.' Smyl AI is accessible via WhatsApp by visiting and starting a chat with 'Hi Aster UAE.' From there, users can select their preferred language, input personal details, upload photos, and receive a comprehensive screening report—entirely free of cost. The tool instantly connects users with Aster Clinic's network of 30+ expert dental specialists for personalized treatment and trusted care. The tool ensures data privacy by complying with UAE healthcare information protection regulations and using secure, encrypted transmission protocols. All patient data is handled with utmost confidentiality and stored only with user consent. With a strong legacy of healthcare excellence, Aster's dental team offers professional advice, compassionate care, and reliable treatment outcomes you can trust. With a growing footprint of 110 Aster Clinics across the UAE, this first-of-its-kind initiative positions Aster Clinics as a pioneer in integrating AI into mainstream dental care. While currently in pilot phase at Aster Clinic Jumeirah Lakes Towers (JLT), the Smyl AI dental screening tool will soon be rolled out across Aster Clinics throughout the UAE. In line with the UAE's vision for improving healthcare access and awareness, Aster Clinics is committed to using innovative solutions like Smyl AI to drive positive changes in the oral health landscape.
Mid East Info
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New Urgent Care Clinic at Aster Hospital, Al Qusais to ensure Fast Access to Expert Care for Non-Life-Threatening Emergencies
Aster Hospital, Al Qusais, recognized in Newsweek's 'World's Best Smart Hospitals 2025' List among 350 hospitals globally and ranked No. 14 on Newsweek's World's Best Hospitals in the UAE list, has announced the launch of its new Urgent Care Clinic, a dedicated facility designed to deliver fast, GP-led care for patients with urgent but non-life-threatening conditions. Led by experienced General Practitioners across General Medicine, Pediatrics and Gynecology, the clinic operates daily from 10:00 PM to 6:00 AM and allows patients to walk in without an appointment, addressing a growing need for convenient and timely access to care, particularly outside of regular hospital hours. The initiative aligns with the UAE'S ongoing efforts to enhance patient care by offering timely alternatives for non-emergency cases, especially during peak hours. It highlights the importance of diversified care pathways to help reduce waiting times and ensure emergency resources are prioritized for patients in critical need. Recognizing this gap, Aster's new Urgent Care Clinic provides an alternative path for patients requiring immediate attention for conditions such as minor injuries, cold and flu symptoms, stomach upsets, pregnancy-related urgencies, and pediatric concerns. Patients are encouraged to visit the Urgent Care Clinic for conditions that are urgent but not life-threatening such as fever, diarrhea, pregnancy discomfort, or minor injuries rather than going to the ER, which should be reserved for emergencies like chest pain, severe bleeding, or loss of consciousness. Conveniently located near Reception A, Ground Floor of Aster Hospital, Al Qusais, the facility is fully equipped with rapid diagnostics and staffed by experienced General Practitioners in General Medicine, Pediatrics, and Gynecology. With quick diagnostics and short wait times, the clinic ensures that patients are treated timely and efficiently, without the stress of navigating a crowded emergency room. Dr. Sherbaz Bichu, CEO of Aster Hospitals & Clinics – UAE, Bahrain, and Oman, emphasized that the clinic was developed with the community's needs at heart. 'The introduction of an urgent care clinic within the Aster hospital Qusais, is a strategic move to alleviate the pressure on the emergency room (ER) by redirecting non-emergent cases. This approach not only enhances patient care but also improves the overall efficiency of hospital services. Patients with minor injuries, illnesses, or those requiring immediate but non-life-threatening care can access the urgent care clinic, ensuring the ER is reserved for critical emergencies. This initiative will result in shorter wait times, especially for pediatric and obstetrics /gynecology patients, ultimately leading to improved patient satisfaction.' Moreover, the urgent care clinic can serve as a bridge for patients who may need follow-up care or referrals, further enhancing the continuity of care. It represents a proactive step in modern healthcare management, focusing on patient needs and optimizing hospital operations. Adding to this, Dr. Ramanathan Venkiteswaran, Consultant Paediatrician & Group Medical Director, Aster Hospitals and Clinics UAE, said, 'We often see that families and patients have to wait for the needed care, which often aggravates the challenge. Our General Practitioners and supporting medical teams will ensure that patients receive timely, condition-appropriate treatment, bridging the gap between outpatient visits and emergency care. This clinic enhances the efficiency of our healthcare system by directing non-emergency cases to the right place.' This initiative also complements broader national healthcare efforts to improve access and efficiency. According to recent data from the UAE National Guard Command, 22,903 emergency cases were responded to by National Ambulance in the first quarter of 2025 (January–March). Notably, over 40% of these cases (9,372) received on-site medical attention, without needing hospital transfer.[1] This highlights a significant portion of emergency cases that could be better managed in dedicated urgent care settings, reinforcing the pressing need for community-based alternatives like the Urgent Care Clinic at Aster Hospital, Al Qusais. The clinic is covered under standard insurance policies, further encouraging accessibility for patients. While there is no telehealth support currently offered, virtual care integration via platforms like myAster is being planned for future implementation. The launch aligns with Aster DM Healthcare's long-term strategy to decongest emergency rooms and expand access to healthcare within communities. While there is no immediate roadmap for replication, the performance and impact of this unit will inform future expansions across the UAE. For more information or to visit the Urgent Care Clinic at Aster Hospital, Al Qusais, patients are welcome to walk in between 10 PM and 6 AM. For inquiries, please contact the hospital directly or visit
