Company lists
The Tamil Nadu edition · 2026

Hospital chainscompanies in Tamil Nadu

Multispecialty, eye care, maternity & IVF, ayurveda, single specialty and more: the companies building hospital chains in Tamil Nadu, with their founders, funding, team size and business models.

67 company profiles36 with reported revenue5 with recorded fundingOctober 2026 edition
Tamil Nadu · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent hospital chains business events in India

Funding, M&A, contract wins and launches involving 566 hospital chains companies in India, last 24 months: 62 M&A deals · 11 funding rounds · 3 Contracts · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingSecondary

Marengo asia healthcare

Marengo Asia Healthcare, the hospital platform backed by Samara Capital and the family offices of the Havells and Godrej groups, is seeking to raise ₹400-500 crore, with LeapFrog…

Healthcare
M&AAcquisition · Completed

Max Healthcare Institute acquires Kalinga hospital

Max Healthcare Institute has successfully acquired a 58.28% controlling stake in Kalinga Hospital Ltd. (KHL) for an aggregate consideration of approximately ₹297.97 crore.

Healthcare
FundingRights issue

Baby memorial hospital

KKR has pumped ₹1,750 crore in Baby Memorial Hospital by way of a rights issue as it positions the Kozhikode-based healthcare player for a larger region-wide footprint, according to…

Investors Kkr
Healthcare
M&AAcquisition · Announced

Max Healthcare Institute acquires Kalinga hospital

Max Healthcare Institute (MHIL) has entered into a share purchase agreement (SPA) to acquire controlling stake in Kalinga Hospital (KHL) from Hospital Corporation of Orissa Inc. Under…

Healthcare
M&AAcquisition · Announced

Cloudnine hospitals acquires Apollo Cradle & Children's Hospital Ltd (ACCHL)

Cloudnine Hospitals, is reportedly in advanced talks to acquire Apollo Cradle & Children's Hospital Ltd (ACCHL) in a deal valued at approximately ₹1,500 crore.

Maternity and infant care
M&AAcquisition · Announced

Jupiter hospital acquires SevenHills Healthcare

Jupiter Hospital are vying to acquire SevenHills Healthcare.

Healthcare
M&AAcquisition · Completed

Somerset indus capital partners acquires Nu hospitals

Lakshmikumaran & Sridharan Attorneys acted as legal advisor to NU Hospitals Private Limited, its promoters, and certain non-promoter selling shareholders in connection with a significant…

Healthcare
M&AAcquisition · Announced

Fortis healthcare acquires People Tree Hospital

Fortis Healthcare: Shares of Fortis Healthcare will be in focus on Monday, December 22, after the company inked a pact to acquire Bengaluru-based People Tree Hospital for ₹430 crore.

M&AAcquisition · Announced

Fortis healthcare acquires TMI Healthcare

Fortis has entered into definitive agreements to acquire TMI Healthcare, which owns the 125-bed People Tree Hospital, along with the underlying hospital land and an adjacent land parcel,…

M&AAcquisition · Completed

Narayana hrudayalaya acquires Practice Plus Group Hospitals

Narayana expanded its global footprint by completing the acquisition of the Practice Plus Group Hospitals in the UK on 6 November at an enterprise value of GBP 183 million.

Healthcare / Hospitals
M&ACompleted

Societe generale acquires Max Healthcare Institute

Societe Generale bought 92,289 equity shares in Max Healthcare Institute at Rs 1,095.4 per share, the transaction valued at Rs 10.1 crore, while BNP Paribas Financial Markets offloaded…

Healthcare
M&ACompleted

Morgan stanley asia acquires Fortis healthcare

Morgan Stanley Asia (Singapore) acquired 5.09 lakh shares in Fortis Healthcare via a block deal at an average price of Rs 975.4 per share, valued at Rs 49.67 crore, from UBS AG.

Healthcare
M&AAcquisition · Completed

Northern TK Venture Pte Ltd acquires Fortis healthcare

IHH (via NTK) will hold 235,295,895 Fortis shares , representing 31.17% of Fortis' share capital.

Healthcare
M&AAcquisition · Announced

Manipal Health Enterprises Ltd acquires Sahyadri hospitals

The company, which had planned to file for its IPO by June this year, had to delay its filing after agreeing to acquire Sahyadri Hospitals from Ontario Teachers' Pension Plan (OTTP) for…

Healthcare
Funding

Manipal group

"KKR's insurance business is supported by the Global Atlantic Financial Group, which KKR took over in January last year. This unit made its first investment in India, when KKR financed…

Investors Kkr
M&AAcquisition · Announced

Narayana health acquires Practice plus group

Narayana Health is betting on operational efficiency, digital integration, and a shift in UK healthcare dynamics to turn around its Rs 2,135 crore (£183 million) acquisition of Practice…

Healthcare - Private healthcare network
Funding

The eye foundation

The Eye Foundation, a leading eye care chain in South India headquartered in Coimbatore, has raised $75 million ( ₹650 crore) funding from consumer-focused investment firm Verlinvest in…

Investors Verlinvest
Healthcare - Eye Care
M&AAcquisition · Completed

Temasek acquires Sahyadri hospitals

"Temasek ... recently acquired Sahyadri Hospitals"

Healthcare
M&AAcquisition · Announced

Cloudnine hospitals acquires Apollo Cradle and Children’s Hospital (ACCHL)

Cloudnine Hospitals, one of India’s leading maternity and paediatric care chains, is in advanced talks to acquire Apollo Cradle and Children’s Hospital (ACCHL) in a deal valued at around…

Healthcare
M&AAcquisition · Completed

Asg eye hospitals acquires Vasan Healthcare

Following the fundraise, ASG acquired south India-based Vasan Healthcare in 2023, adding 150 hospitals to its network.

Eye care
M&AMerger · Announced

Asg eye hospitals acquires Sharp sight eye hospitals

ASG Eye Hospitals, backed by private equity firms General Atlantic and Kedaara Capital, has signed a Rs 450 crore non-binding merger deal with Sharp Sight Eye Hospitals, said people…

Eye care
M&AAcquisition · Completed

Singapore government's investment arm acquires Cloudnine hospitals

The Singapore government's investment arm also bought an about 20% stake in Bengaluru-based Cloudnine Hospitals for around $125 million last year.

Hospital
M&AAcquisition · Pending

Manipal hospitals acquires Sahyadri hospitals

The proceeds raised from the investors will be utilised by MHPL for the acquisition of shares of Sahyadri Hospitals Private Limited (SHPL). This acquisition follows a much-awaited…

Healthcare
M&AAcquisition · Completed

Baby memorial hospital acquires Meitra hospital

KKR-owned Kerala hospital chain Baby Memorial Hospital (BMH) has acquired a significant majority stake in Kozhikode-based Meitra Hospital

Healthcare
M&AAcquisition · Announced

Novo holdings acquires Surya hospitals

Novo Holdings, a 142 billion euro investment firm that controls drug maker Novo Nordisk, has entered into exclusive talks to acquire a 49% stake in Mumbai-based Surya Hospitals, said…

Hospital
M&AAcquisition · Announced

Apollo hospitals enterprise acquires Apollo health and lifestyle

Shares of Apollo Hospitals Enterprise Ltd. are in focus on Monday, September 15, after the company said it will buy IFC's 30.8% stake in its subsidiary Apollo Health and Lifestyle for…

M&AAcquisition · Announced

Yatharth Hospital & Trauma Care acquires Shantived Institute of Medical Sciences

Yatharth Hospital & Trauma Care Services Ltd (NSE: YATHARTH, BSE: 543950) ended Friday’s trading session on a weaker note, sliding more than 3% despite unveiling a significant expansion…

Healthcare
ContractInfrastructure

Rr lifesciences · client: Fortis healthcare

Fortis Healthcare’s wholly owned subsidiary — International Hospital (IHL) has entered into a 15-year lease agreement with RR Lifesciences for an around 200-bed fully operational…

Healthcare
M&AMerger · Announced

Dr. Agarwal's Health Care acquires Dr. agarwal's eye hospital

The boards of Dr. Agarwal's Health Care and Dr. Agarwal's Eye Hospital have approved the merger of AEHL into AHCL.

Hospital chains companies in Tamil Nadu, by revenue

Browse hospital chains companies in Tamil Nadu by reported revenue, one-year revenue growth, revenue model, age and stage. The 36 companies below are the largest by their most recent reported revenue among 36 hospital chains companies in Tamil Nadu that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 36

Chain of multispecialty hospitals

Hospital chains
₹21,994.30 crFY 2024-25
+15%2024–2025
19,619+8% 12 mo to Mar 2024recorded Mar 2024
43 yr1983
0none in 3 months

Chain of multi-speciality hospitals

Hospital chains
₹1,918.06 crFY 2024-25
+39%2024–2025
3,313+22% 12 mo to Sep 2023LinkedIn · Oct 2026
27 yr1999
6postings · last posted Sep 2026

Chain of multi-speciality hospitals

Hospital chains
₹361.08 crFY 2024-25
+7%2024–2025
375recorded
11 yr2015
0none in 3 months

Chain of multispeciality hospitals

Hospital chains
₹329.99 crFY 2024-25
+12%2024–2025
148+9% 12 mo to Sep 2024LinkedIn · Oct 2026
13 yr2013
0none in 3 months

Chain of eye care hospitals

Hospital chains
₹269.65 crFY 2022-23
Not reported
1,113+14% 12 mo to Mar 2024recorded Mar 2024
69 yr1957
2postings · last posted Aug 2026

Hospital specializing in laparoscopic surgery and gastroenterology

Hospital chains
₹231.14 crFY 2024-25
+19%2024–2025
13+20% 12 mo to Sep 2024LinkedIn · Oct 2026
36 yr1990
0none in 3 months

Provider of fertility, super speciality hospital, and biosimilar facility solutions.

Hospital chains
₹223.05 crFY 2024-25
+21%2024–2025
554-13% 12 mo to Jul 2024recorded Jul 2024
7 yr2019
4postings · last posted Sep 2026

Chain of eye care hospital

Hospital chains
₹188.39 crFY 2022-23
Not reported
348+15% 12 mo to Jul 2024LinkedIn · Oct 2026
29 yr1997
0none in 3 months

Chain of multispecialty hospitals

Hospital chains
₹173.25 crFY 2024-25
+33%2024–2025
341+54% 12 mo to Jul 2024LinkedIn · Oct 2026
14 yr2012
0none in 3 months · last posted Apr 2026

Provider of diversified home healthcare solutions for consumers

Rehabilitation and long-term care
₹99.88 crFY 2024-25
+71%2024–2025
456+27% 12 mo to Sep 2024recorded Sep 2024
8 yr2018
0none in 3 months

Chain of multispeciality hospitals

Hospital chains
₹94.99 crFY 2024-25
+10%2024–2025
277+4% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
5postings · last posted Sep 2026

Standalone orthopaedic hospital

Hospital chains
₹94.88 crFY 2024-25
+19%2024–2025
502+7% 12 mo to Sep 2024recorded Sep 2024
34 yr1992
1postings · last posted Sep 2026

Chain of multi specilaty hospitals

Hospital chains
₹86.45 crFY 2024-25
+6%2024–2025
3-19% 12 mo to Jun 2024LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Chain of Ayurveda hospitals

Hospital chains
₹62.48 crFY 2022-23
Not reported
648+7% 12 mo to Mar 2024recorded Mar 2024
96 yr1930
—No postings tracked

Chain of multi speciality hospitals

Hospital chains
₹59.86 crFY 2024-25
+1%2024–2025
85LinkedIn · Jul 2026
38 yr1988
0none in 3 months

Chain of eye care hospitals

Hospital chains
₹50.86 crFY 2024-25
+3%2024–2025
264+1% 12 mo to Mar 2023LinkedIn · Oct 2026
36 yr1990
0none in 3 months · last posted Apr 2026

Chain of ENT hospitals

Hospital chains
₹47.44 crFY 2022-23
Not reported
56+8% 12 mo to Sep 2024recorded Sep 2024
53 yr1973
—No postings tracked

Chain of siddha and ayurveda hospitals offering a wide range of products and services

Hospital chains
₹46.41 crFY 2022-23
Not reported
120-5% 12 mo to Sep 2024LinkedIn · Oct 2026
37 yr1989
—No postings tracked

Multispecialty hospital providing comprehensive healthcare services

Hospital chains
₹48.09 crFY 2024-25
+11%2024–2025
132LinkedIn · Oct 2026
31 yr1995
0none in 3 months

Standalone multispecialty hospital

Hospital chains
₹38.85 crFY 2024-25
+23%2024–2025
—Not available
28 yr1998
0none in 3 months

Chains providing compassionate care and advanced healing

Hospital chains
₹34.45 crFY 2024-25
+15%2024–2025
—Not available
37 yr1989
0none in 3 months

Diversified healthcare and education provider offering a range of services including medical care, education, and training

Hospital chains
₹29.81 crFY 2021-22
Not reported
90-14% 12 mo to May 2024recorded May 2024
5 yr2021
—No postings tracked

Chain ophthalmology hospitals

Hospital chains
₹30.96 crFY 2022-23
Not reported
—Not available
19 yr2007
—No postings tracked

Standalone multispecialty hospital

Hospital chains
₹25.94 crFY 2024-25
+35%2024–2025
20-6% 12 mo to Aug 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Multi-specialty hospital

Hospital chains
₹23.85 crFY 2024-25
+49%2024–2025
730-56% vs previous recordLinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jul 2026
36 of 67 companies shown here · the full list is on Radar
Fliar Radar

Explore all 67 hospital chains companies in Tamil Nadu on Radar

This page shows the top 36. Radar has the complete, filterable list with contacts and live company signals.

Open hospital chains in Tamil Nadu on Radar
  • Every company, not just 50All 67 hospital chains companies in Tamil Nadu, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore hospital chains companies in Tamil Nadu by what you are looking for

Browse top hospital chains in Tamil Nadu, from multispecialty groups to focused specialty networks. You can also find listed hospital chains in Tamil Nadu, hospital chain startups and hospital chains hiring in Tamil Nadu.

7 ways to explore hospital chains in Tamil Nadu

Multispecialty hospital chainsEye care hospital chainsMaternity, women's health & IVF hospital chainsAyurveda & alternative therapy hospitalsSingle specialty hospital chainsListed hospital chains in Tamil Nadu

Multispecialty hospital chains

Large hospital groups offering many medical specialities.

  1. Apollo Hospitals

    Chain of multispecialty hospitals

    Hospital chains
    See in list
  2. Kauvery Hospital

    Chain of multi-speciality hospitals

    Hospital chains
    See in list
  3. Prashanth Hospitals

    Chain of multispeciality hospitals

    Hospital chains
    See in list
  4. Vadamalayan

    Multi-specialty hospital offering medical services

    Hospital chains
    Website
  5. Geri Care

    Provider of diversified home healthcare solutions for consumers

    Rehabilitation and long-term care
    See in list

Eye care hospital chains

Hospital networks focused on eye care and vision treatment.

  1. Dr. Agarwal's Eye Hospital

    Chain of eye care hospitals

    Hospital chains
    See in list
  2. The Eye Foundation

    Chain of eye care hospital

    Hospital chains
    See in list
  3. KKR ENT Hospital and Research Institute

    Chain of ENT hospitals

    Hospital chains
    See in list
  4. Rajan Eye Care

    Chain ophthalmology hospitals

    Hospital chains
    See in list
  5. Aravind eye care system

    Network of eye care hospitals

    Hospital chains
    Website

Maternity, women's health & IVF hospital chains

Hospital chains for obstetrics, gynaecology and fertility treatment.

  1. Iswarya Health

    Provider of fertility, super speciality hospital, and biosimilar facility solutions.

    Hospital chains
    See in list
  2. Womens Center India

    Network of maternity hospitals

    Hospital chains
    See in list
  3. GBR

    Chain of IVF hospitals

    Clinic chains
    See in list
  4. WCF Hospitals

    Chain of maternity hospitals

    Hospital chains
    See in list
  5. Easy Mom Hospital

    Healthcare provider offering obstetric and gynecologic services, including fertility treatments, maternity care, and specialized care for women's reproductive health

    Hospital chains
    Website

Ayurveda & alternative therapy hospitals

Hospitals offering ayurveda and complementary therapies.

  1. AVN Arogya

    Chain of Ayurveda hospitals

    Hospital chains
    See in list
  2. Vijay Hospital

    Provider of multi-specialty medical care including emergency and intensive care services

    Hospital chains
    See in list
  3. KAH

    Ayurvedic hospital offering holistic healthcare services

    Hospital chains
    Website
  4. Snekaram Multi Speciality Hospital

    Operator of a multi-specialty hospital providing medical services and consultations

    Hospitals
    Website
  5. Triyog Ayurved

    Chain of ayurvedic hospitals

    Hospital chains
    Website

Single specialty hospital chains

Hospital groups concentrating on one speciality such as neurology, gastroenterology or orthopaedics.

  1. Kauvery Hospital

    Chain of multi-speciality hospitals

    Hospital chains
    See in list
  2. Dr. Agarwal's Eye Hospital

    Chain of eye care hospitals

    Hospital chains
    See in list
  3. GEM Hospitals

    Hospital specializing in laparoscopic surgery and gastroenterology

    Hospital chains
    See in list
  4. Iswarya Health

    Provider of fertility, super speciality hospital, and biosimilar facility solutions.

    Hospital chains
    See in list
  5. The Eye Foundation

    Chain of eye care hospital

    Hospital chains
    See in list

Listed hospital chains in Tamil Nadu

Publicly listed hospital companies.

  1. Apollo Hospitals

    Chain of multispecialty hospitals

    Hospital chains
    See in list
  2. Kauvery Hospital

    Chain of multi-speciality hospitals

    Hospital chains
    See in list
  3. Dr. Agarwal's Eye Hospital

    Chain of eye care hospitals

    Hospital chains
    See in list
  4. Shanmugahospital

    Multispecialty hospital providing comprehensive healthcare services

    Hospital chains
    See in list
4 companies in Tamil Nadu

Hospital chains hiring in Tamil Nadu

Hospital groups with open roles right now.

  1. Kauvery Hospital

    Chain of multi-speciality hospitals

    Hospital chains
    See in list
  2. Dr. Agarwal's Eye Hospital

    Chain of eye care hospitals

    Hospital chains
    See in list
  3. Iswarya Health

    Provider of fertility, super speciality hospital, and biosimilar facility solutions.

    Hospital chains
    See in list
  4. Medway Hospitals

    Chain of multispecialty hospitals

    Hospital chains
    See in list
  5. Be Well Hospitals

    Chain of multispeciality hospitals

    Hospital chains
    See in list
8 companies in Tamil Nadu
Mobile reach

Top 8 hospital chains apps from Tamil Nadu

The most-installed Android apps published by hospital chains companies headquartered in Tamil Nadu — 208K installs between them. 8 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 8
The business behind the activity

Hospital chains financials in Tamil Nadu

Revenue, profit and growth from the filed annual accounts of 32 hospital chains companies in Tamil Nadu for FY24-25 — 37 of the 67 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 85% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹13,323.25 cr

32 companies filing accounts

combined net profit₹1,535.76 cr

11.5% aggregate margin

are profitable78%

25 of 32 companies

median revenue~₹49.5 cr

the typical company

median revenue growth+13%

into FY24-25

earned by the top five85%

revenue concentration

Six-year view

Combined revenue of filing companies

₹11,353.20 crFY19-2031 filers
₹11,129.96 crFY20-2133 filers
₹8,462.99 crFY21-2232 filers
₹9,267.15 crFY22-2332 filers
₹11,311.46 crFY23-2434 filers
₹13,323.25 crFY24-2532 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 29 companies over three years

+26%
FY22-23₹9,256.61 cr₹1,268.84 cr net
FY23-24₹10,104.23 cr₹1,150.98 cr net
FY24-25₹11,620.35 cr₹1,480.83 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr0—
₹1–10 cr450% profitable
₹10–100 cr1878% profitable
₹100–1,000 cr888% profitable
Over ₹1,000 cr2100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking6
0–20%14
20–50%10
50–100%1
Doubled+1

32 companies with accounts for both years; median growth +13%.

Profitability

Profit is concentrated at the top

25profitable
7loss-making
11.5%aggregate margin
4.4%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Geri CareGERI CARE HEALTH SERVICES PRIVATE LIMITED+64%₹94.67 cr
Rela HospitalRELA HOSPITALS PRIVATE LIMITED+49%₹23.85 cr
Kauvery HospitalSRI KAUVERY MEDICAL CARE (INDIA) LIMITED+42%₹1,691.25 cr
Supreme Speciality HospitalsSUPREME SPECIALITY HOSPITALS PRIVATE LIMITED+35%₹25.94 cr
Medway HospitalsUNITED ALLIANCE HEALTHCARE PRIVATE LIMITED+33%₹173.25 cr
Dr. Vanchilingam HospitalDR.VANCHILINGAM HOSPITAL (TANJORE) PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Rela HospitalRELA HOSPITALS PRIVATE LIMITED40.8%₹23.85 cr
KKR ENT Hospital and Research InstituteK.K.R.ENT HOSPITAL AND RESEARCH INSTITUTE PRIVATE LIMITED26.4%₹44.52 cr
GEM HospitalsGEM HOSPITAL AND RESEARCH CENTRE PRIVATE LIMITED20.1%₹231.14 cr
Chennai Urology And Robotics InstituteCHENNAI UROLOGY AND ROBOTICS INSTITUTE PRIVATE LIMITED18.4%₹38.85 cr
Womens Center IndiaWOMEN'S CENTER AND HOSPITALS PRIVATE LIMITED
Noble HospitalCHENNAI NOBLE HOSPITALS PRIVATE LIMITED17.2%₹34.45 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Hospital chains31₹13,228.58 cr~₹48.1 cr81%11.7%
Leaders

Largest hospital chains companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Apollo HospitalsAPOLLO HOSPITALS ENTERPRISE LIMITED₹8,549.80 cr₹1,296.30 cr15.2%+15%
Kauvery HospitalSRI KAUVERY MEDICAL CARE (INDIA) LIMITED₹1,691.25 cr₹56.10 cr3.3%+42%
Dr. Agarwal's Eye HospitalDR. AGARWAL'S EYE HOSPITAL LIMITED₹402.24 cr₹54.65 cr13.6%+24%
Royal Care Super Specialty HospitalROYALCARE SUPER SPECIALITY HOSPITAL LIMITED₹361.08 cr₹15.05 cr4.2%+7%
Prashanth HospitalsPRASHANTH FERTILITY RESEARCH CENTRE PRIVATE LIMITED₹329.99 cr₹26.81 cr8.1%+12%
Apollo Spectra HospitalsAPOLLO SPECIALTY HOSPITALS PRIVATE LIMITED₹329.31 cr
GEM HospitalsGEM HOSPITAL AND RESEARCH CENTRE PRIVATE LIMITED₹231.14 cr₹46.37 cr20.1%+19%
Iswarya HealthISWARYA HEALTH PRIVATE LIMITED₹223.05 cr₹17.76 cr8.0%+21%
Medway HospitalsUNITED ALLIANCE HEALTHCARE PRIVATE LIMITED₹173.25 cr₹9.27 cr5.4%+33%
Sudha HospitalsSUDHA HOSPITALS PRIVATE LIMITED₹162.24 cr₹12.75 cr7.9%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Hospital chains funding and M&A across India

179 recorded equity rounds have gone to 566 hospital chains companies in India — how much, at which stage, into which sub-sectors, from whom, and how Tamil Nadu compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months3

US$2.80m

equity rounds, last 24 months11

US$136.96m

raised over five yearsUS$925.42m

68 rounds in India

M&A deals, India62

last 24 months

Capital by year

Equity funding into hospital chains in India

amount rounds
$57m201812
$24m201913
$5.7m202011
$452m202117
$33m202215
$126m202313
$180m202413
$136m20259
$020261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$451.67m across 17 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$11.84m17 rounds · median US$279k
SeedUS$22.65m12 rounds · median US$1.77m
Series AUS$190.67m18 rounds · median US$6.00m
Series BUS$51.28m10 rounds · median US$1.46m
Series CUS$172.03m3 rounds · median US$57.03m
Series D+US$379.39m3 rounds · median US$85.04m
Private equityUS$97.55m5 rounds · median US$15.49m
Where the money went · five years

Most-funded sub-sectors

Hospital chainsUS$908.75m64 rounds · 31 companies
Rehabilitation and long-term careUS$14.68m2 rounds · 1 companies
HospitalsUS$1.98m2 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

56Acquisition
4Merger
2Completed

Most active acquirers

  1. Fortis healthcare6
  2. Manipal hospitals6
  3. Apollo hospitals enterprise5
  4. Max Healthcare Institute4
  5. Narayana hrudayalaya4

Most acquired or merged

  1. Sahyadri hospitals10
  2. Fortis healthcare3
  3. Mahatma gandhi cancer hospital & research institute3
  4. Kalinga hospital2
  5. Apollo health and lifestyle limited2

Each deal appears in the events strip at the top of the page.

Hospital chains funding in Tamil Nadu

5 hospital chains companies in Tamil Nadu have recorded equity funding, US$118.50m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Tamil Nadu

Meet the people behind hospital chains companies in Tamil Nadu. 46 of 67 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring hospital chains in India and nearby markets.

Coming soon