The Jaslok Hospital and Research Center was founded in the early seventies. Seth Lokoomal Chanrai, a philanthropist and a visionary, was the man behind this marvel of medical science. He envisaged an ultra-modern, centrally located medical center where under one roof people of every class, creed and race would equally receive the benefits of advanced health care. He wanted the people to benefit from expert advice, sophisticated hospital equipment and comprehensive courses of treatment. He also felt the need for a fulltime research center to keep abreast if not ahead of the rapid leaps of progress in medical sciences.

The Jaslok Hospital and Research Center was inaugurated by the erstwhile Prime Minister Indira Gandhi on 6th July, 1973.