About CION Cancer Clinics
CION Cancer Clinics is a company based in Hyderabad (India) founded in 2019 by Sonali Srungaram and Sasi Sunkara.. CION Cancer Clinics has raised $10.87 million across 6 funding rounds from investors including Natco Pharma, The Indian School of Business and Axilor Ventures. The company has 95 employees as of April 09, 2024. CION Cancer Clinics operates in a competitive market with competitors including HCG, Cytecare, American Oncology Institute, Omega Hospitals and Mahatma Gandhi Cancer Hospital, among others.
- Headquarter Hyderabad, India
- Employees 95 as on 09 Apr, 2024
- Founders Sonali Srungaram, Sasi Sunkara
- 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 Cipher Oncology Private Limited
- Date of Incorporation 30 Apr, 2019
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$581.95 K (USD)56.79as on Mar 31, 2023
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Net Profit
$-805.29 K (USD)-39.49as on Mar 31, 2023
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EBITDA
$-655.55 K (USD)-45.75as on Mar 31, 2023
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Total Equity Funding
$10.87 M (USD)
in 6 rounds
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Latest Funding Round
$6.8 M (USD), Series A
May 18, 2024
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Investors
Natco Pharma
& 15 more
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Employee Count
95
as on Apr 09, 2024
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Funding Insights of CION Cancer Clinics
CION Cancer Clinics has successfully raised a total of $10.87M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $6.8 million completed in May 2024. 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 6
- Last Round Series A — $6.8M
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First Round
First Round
(03 Jun 2019)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series A - CION Cancer Clinics | Valuation |
investors |
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| Jun, 2022 | Amount | Series A - CION Cancer Clinics | Valuation | Inhealth Ventures | |
| Dec, 2021 | Amount | Series A - CION Cancer Clinics | Valuation | Axilor Ventures |
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| 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 CION Cancer Clinics
CION Cancer Clinics has secured backing from 16 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Natco Pharma, The Indian School of Business and Axilor Ventures. 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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Venture capital firm investing in early-stage startups in technology sectors.
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Founded Year | Domain | Location | |
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Early-stage investments are made in innovative startup ventures by MVP.
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Founded Year | Domain | Location | |
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Investments are directed by Inhealth Ventures to healthcare companies.
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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 CION Cancer Clinics
| 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 - CION Cancer Clinics
| 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 |
Cion Cancer Clinics Comparisons
Competitors of CION Cancer Clinics
CION Cancer Clinics 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 HCG, Cytecare, American Oncology Institute, Omega Hospitals and Mahatma Gandhi Cancer 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 |
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| domain | founded_year | HQ Location |
Chain of oncology hospitals
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| domain | founded_year | HQ Location |
Oncology hospitals chain offering specialized cancer treatments.
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| domain | founded_year | HQ Location |
Cancer care is provided through a chain of specialized hospitals.
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| domain | founded_year | HQ Location |
Specialized oncology treatments are offered by a hospital chain.
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| domain | founded_year | HQ Location |
Cancer care is delivered via a chain of accredited hospitals.
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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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| domain | founded_year | HQ Location |
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 Cion Cancer Clinics
Frequently Asked Questions about CION Cancer Clinics
When was CION Cancer Clinics founded?
CION Cancer Clinics was founded in 2019.
Where is CION Cancer Clinics located?
CION Cancer Clinics is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is CION Cancer Clinics a funded company?
CION Cancer Clinics is a funded company, having raised a total of $10.87M across 6 funding rounds to date. The company's 1st funding round was a Series A of $528.27K, raised on Jun 03, 2019.
How many employees does CION Cancer Clinics have?
As of Apr 09, 2024, the latest employee count at CION Cancer Clinics is 95.
What is the annual revenue of CION Cancer Clinics?
Annual revenue of CION Cancer Clinics is $581.95K as on Mar 31, 2023.
What does CION Cancer Clinics do?
CION Cancer Clinics was established in 2019 in Hyderabad, India, within the healthcare sector. A network of treatment centers is maintained, where medical oncology, surgical oncology, radiation oncology, interventional procedures, screening, diagnostics, and integrative care are delivered. Additional services such as psychological support, nutritional counseling, and genetic consultations are offered to patients across the region.
Who are the top competitors of CION Cancer Clinics?
CION Cancer Clinics's top competitors include HCG, Cytecare and Omega Hospitals.
Who are CION Cancer Clinics's investors?
CION Cancer Clinics has 16 investors. Key investors include Natco Pharma, The Indian School of Business, Axilor Ventures, Satyanarayan Chava, and Rajeev Eyunni.
What is CION Cancer Clinics's valuation?
The valuation of CION Cancer Clinics is $21.92M as of May 2024.