About Gleneagles Hospitals
Gleneagles Hospitals is a company based in Chennai (India) founded in 1999 by Ravindranath Kancherla was acquired by Parkway Pantai in August 2015. It operates as a HealthTech, and Professional Services. Gleneagles Hospitals has raised $64.35 million across 6 funding rounds from investors including Everstone Capital, Parkway Pantai and Rattha. The company has 1,035 employees as of April 07, 2024. Gleneagles Hospitals offers products and services including Multi-Organ Transplant Services, Cardiology Services, and Health Screening Packages. Gleneagles 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 1035 as on 07 Apr, 2024
- Founders Ravindranath Kancherla
- Stage Minicorn
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Ihh Healthcare Network
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$111.27 M (USD)2.1as on Mar 31, 2023
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Net Profit
$552 K (USD)-76.76as on Mar 31, 2023
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EBITDA
$11.04 M (USD)-4.57as on Mar 31, 2023
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Total Equity Funding
$64.35 M (USD)
in 6 rounds
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Latest Funding Round
$4.26 M (USD), Unspecified
Aug 27, 2015
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Investors
Everstone Capital
& 7 more
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Employee Count
1035
as on Apr 07, 2024
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Acquired by
Parkway Pantai
(Aug 29, 2015)
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Products & Services of Gleneagles Hospitals
Gleneagles Hospitals offers a comprehensive portfolio of products and services, including Multi-Organ Transplant Services, Cardiology Services, and Health Screening Packages. 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.
Multi-organ transplant services are provided with advanced expertise.
Cardiology services are offered for comprehensive heart care solutions.
Health screening packages are designed for preventive medical checkups.
Funding Insights of Gleneagles Hospitals
Gleneagles Hospitals has successfully raised a total of $64.35M across 6 strategic funding rounds. The most recent funding activity was a Unspecified round of $4.26 million completed in August 2015. 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 Unspecified — $4.3M
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First Round
First Round
(28 Sep 2006)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Unspecified - Gleneagles Hospitals | Valuation | Worldwide Advisory Services | |
| Jul, 2014 | Amount | Unspecified - Gleneagles Hospitals | Valuation | Rattha | |
| Mar, 2010 | Amount | Unspecified - Gleneagles Hospitals | Valuation | Everstone Capital |
| 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 Gleneagles Hospitals
Gleneagles Hospitals has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Everstone Capital, Parkway Pantai and Rattha. 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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Private equity investments in mid-market businesses linked to India and Southeast Asia.
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Founded Year | Domain | Location | |
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Delivers insurance administration, intermediary services, and solutions for clients.
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Founded Year | Domain | Location | |
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Real estate development, textile manufacturing, and service businesses in India.
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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 Gleneagles 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 - Gleneagles 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 |
Gleneagles Hospitals Comparisons
Competitors of Gleneagles Hospitals
Gleneagles 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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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
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 |
|---|---|---|---|---|
| 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 Gleneagles Hospitals
Frequently Asked Questions about Gleneagles Hospitals
When was Gleneagles Hospitals founded?
Gleneagles Hospitals was founded in 1999 and raised its 1st funding round 7 years after it was founded.
Where is Gleneagles Hospitals located?
Gleneagles Hospitals is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Gleneagles Hospitals?
Bipin Chevale is the current CEO of Gleneagles Hospitals.
Is Gleneagles Hospitals a funded company?
Gleneagles Hospitals is a funded company, having raised a total of $64.35M across 6 funding rounds to date. The company's 1st funding round was a Unspecified of $4.08M, raised on Sep 28, 2006.
How many employees does Gleneagles Hospitals have?
As of Apr 07, 2024, the latest employee count at Gleneagles Hospitals is 1,035.
What is the annual revenue of Gleneagles Hospitals?
Annual revenue of Gleneagles Hospitals is $111.27M as on Mar 31, 2023.
What does Gleneagles Hospitals do?
Gleneagles Hospitals is managed as a prominent multi-specialty healthcare network in India, under the IHH Healthcare Network. Operations are conducted across cities like Mumbai, Bengaluru, Chennai, and Hyderabad, with over 1,500 beds. Specialized services are provided in fields such as cardiology, oncology, neurology, and multi-organ transplants including kidney, liver, heart, and lung. The network is recognized for pioneering advanced medical procedures and serves patients from India, the Middle East, Africa, and Southeast Asia. A commitment to accessible and affordable premium healthcare is maintained, supported by a dedicated team of expert consultants and surgeons.
Who are the top competitors of Gleneagles Hospitals?
Gleneagles Hospitals's top competitors include KIMS Hospitals, Fortis Healthcare and Ujala Cygnus.
What products or services does Gleneagles Hospitals offer?
Gleneagles Hospitals offers Multi-Organ Transplant Services, Cardiology Services, and Health Screening Packages.
Who are Gleneagles Hospitals's investors?
Gleneagles Hospitals has 8 investors. Key investors include Everstone Capital, Parkway Pantai, Rattha, Worldwide Advisory Services, and Sea Energy Carriers.
What is Gleneagles Hospitals's valuation?
The valuation of Gleneagles Hospitals is $129.39M as of Aug 2015.