About Be Well Hospitals
Be Well Hospitals is a company based in Chennai (India) founded in 2011 by C Lakshmanan and Vetrievel Chocanathan.. Be Well Hospitals has raised $10.65 million across 8 funding rounds from investors including DFC, Lightrock India and Song Advisors. The company has 533 employees as of June 20, 2024. Be Well Hospitals offers products and services including Emergency Care, Cardiology, General Surgery, Orthopaedics, and Oncology. Be Well Hospitals operates in a competitive market with competitors including Fortis Healthcare, Ujala Cygnus, Narayana Health, Apollo Hospitals and Kauvery Hospital, among others.
- Headquarter Chennai, India
- Employees 533 as on 20 Jun, 2024
- Founders C Lakshmanan, Vetrievel Chocanathan
- Stage Minicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Be Well Hospitals Private Limited
- Date of Incorporation 13 Jun, 2011
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$8.34 M (USD)-5.68as on Mar 31, 2023
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Net Profit
$49.65 K (USD)-91.84as on Mar 31, 2023
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EBITDA
$-75.73 K (USD)-106.12as on Mar 31, 2023
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Total Equity Funding
$10.65 M (USD)
in 8 rounds
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Latest Funding Round
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Investors
DFC
& 3 more
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Employee Count
533
as on Jun 20, 2024
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Products & Services of Be Well Hospitals
Be Well Hospitals offers a comprehensive portfolio of products and services, including Emergency Care, Cardiology, General Surgery, Orthopaedics, and Oncology. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides immediate treatment for critical medical situations.
Offers diagnosis and treatment for heart-related conditions.
Performs procedures like hernia and appendix removal.
Handles bone and joint surgeries including knee replacement.
Delivers cancer treatment and chemotherapy services.
Provides care for women's health and related surgeries.
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Leadership Team
1 people
Human Resources and Administration
1 people
Chairman’s Team
1 people
General Team
1 people
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Funding Insights of Be Well Hospitals
Be Well Hospitals has successfully raised a total of $10.65M across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Last Round
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First Round
First Round
(31 Dec 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Series A - Be Well Hospitals | Valuation | DFC |
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| Dec, 2018 | Amount | Series A - Be Well Hospitals | Valuation | Aspada Investments | |
| Jun, 2016 | Amount | Series A - Be Well Hospitals | Valuation | Aspada Investments |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Be Well Hospitals
Be Well Hospitals has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include DFC, Lightrock India and Song Advisors. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government agency supporting the development of SMEs
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Founded Year | Domain | Location | |
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Private equity firm focused on healthcare, renewable energy, education, and other sectors
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Founded Year | Domain | Location | |
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Private equity investment firm focused on SMEs
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Be Well Hospitals
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Be Well Hospitals
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Be Well Hospitals Comparisons
Competitors of Be Well Hospitals
Be Well Hospitals operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fortis Healthcare, Ujala Cygnus, Narayana Health, Apollo Hospitals and Kauvery Hospital, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-specialty hospital services are provided across India by Fortis Healthcare.
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A chain of multi-specialty hospitals is operated in India.
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| domain | founded_year | HQ Location |
A chain of multi-specialty hospitals is operated in India.
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Chain of multispecialty hospitals
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| domain | founded_year | HQ Location |
Chain of multi-speciality hospitals
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| domain | founded_year | HQ Location |
Multispeciality secondary and tertiary care is provided by hospital chains.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Be Well Hospitals
Frequently Asked Questions about Be Well Hospitals
When was Be Well Hospitals founded?
Be Well Hospitals was founded in 2011.
Where is Be Well Hospitals located?
Be Well Hospitals is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Be Well Hospitals a funded company?
Be Well Hospitals is a funded company, having raised a total of $10.65M across 8 funding rounds to date. The company's 1st funding round was a Series A of $929.37K, raised on Dec 31, 2011.
How many employees does Be Well Hospitals have?
As of Jun 20, 2024, the latest employee count at Be Well Hospitals is 533.
What is the annual revenue of Be Well Hospitals?
Annual revenue of Be Well Hospitals is $8.34M as on Mar 31, 2023.
What does Be Well Hospitals do?
Be Well Hospitals was established in 2011 as a chain of multispeciality facilities in Chennai, India. Operations focus on healthcare delivery across departments such as emergency care, orthopaedics, general surgery, obstetrics, paediatrics, ENT, gastroenterology, urology, critical care, outpatient clinics, diagnostics, intensive care units, and fertility services. The organization is led by co-founders C Lakshmanan and Vetrievel Chocanathan, with the latter serving as managing director.
Who are the top competitors of Be Well Hospitals?
Be Well Hospitals's top competitors include KIMS Hospitals, Fortis Healthcare and Ujala Cygnus.
What products or services does Be Well Hospitals offer?
Be Well Hospitals offers Emergency Care, Cardiology, General Surgery, Orthopaedics, and 2 more products and services.
Who are Be Well Hospitals's investors?
Be Well Hospitals has 4 investors. Key investors include DFC, Lightrock India, Song Advisors, and Aspada.
What is Be Well Hospitals's valuation?
The valuation of Be Well Hospitals is $13.58M as of Dec 2018.