HCG

Bengaluru, India Founded: 1989 • Age: 37 yrs Acquired By KKR
Chain of oncology hospitals
Annual revenue $259.6M Latest available
Total funding $90.0M 13 rounds
Employees 8400 Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About HCG

HCG is a company based in Bengaluru (India) founded in 1989 by B S Ajai Kumar was acquired by KKR in December 2024. HCG has raised $90.03 million across 13 funding rounds from investors including IDFC First Bank, KKR and CVC. The company has 8,400 employees as of March 31, 2024. HCG has completed 3 acquisitions, including Bangalore Assisted Conception Centre, Milann and Suchirayu Hospital. HCG operates in a competitive market with competitors including CION Cancer Clinics, Cytecare, American Oncology Institute, Omega Hospitals and Mahatma Gandhi Cancer Hospital, among others.

  • Headquarter Bengaluru, India
  • Employees 8400 as on 31 Mar, 2024
  • Founders B S Ajai Kumar
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Healthcare Global Enterprises Ltd.
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $259.62 M (USD)
    16.26
    as on Mar 31, 2025
  • Net Profit
    $5.2 M (USD)
    -7.78
    as on Mar 31, 2025
  • EBITDA
    $45.18 M (USD)
    17.54
    as on Mar 31, 2025
  • Total Equity Funding
    $90.03 M (USD)

    in 13 rounds

  • Latest Funding Round
    $86.18 M (USD), Post-IPO

    Jun 08, 2020

  • Investors
  • Employee Count
    8400

    as on Mar 31, 2024

  • Investments & Acquisitions
  • Acquired by
    KKR

    (Dec 04, 2024)

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IPO & Listings of HCG

HCG is a publicly listed company on the NSE with ticker symbol HCG in India, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: HCG · Sector: Health services · India

People of HCG

Headcount 1000-5000
Employee Profiles 56
Employee Profiles
People
Roshan A
Senior General Manager IT
People
Banita Singh
Agm- Brand & Communication - East| Northeast| AP Region At Healthcare Global Enterprises Limited
People
Subhash Bamaniya
Administrative Assistant
People
Pooja Prajapati
Head Of Operations

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Funding Insights of HCG

HCG has successfully raised a total of $90.03M across 13 strategic funding rounds. The most recent funding activity was a Post-IPO round of $86.18 million completed in June 2020. 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.

Investors in HCG

HCG has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include IDFC First Bank, KKR and CVC.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Mezzanine financing and equity investments are provided by CVC.
Locked Locked Locked
An investment platform is provided for diverse sectors and geographies.
Locked Locked Locked
Provides venture capital for technology startups and enterprise innovations worldwide.
Locked Locked Locked
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Investor details for HCG

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by HCG

HCG has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bangalore Assisted Conception Centre, Milann and Suchirayu Hospital.

Investments
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Investment portfolio details for HCG

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Multispecialty hospital services are delivered in Hubli, India.
Locked Locked 2019 Locked
A chain of fertility clinics is operated in Bengaluru.
Locked Locked 1990 Locked
Milann is recognized as a leading fertility and IVF center in India.
Locked Locked 1990 Locked
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Complete acquisition details for HCG

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Financial Statements - HCG

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Detailed financials for HCG

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Hcg Comparisons

HCG Primary company
Description
Chain of oncology hospitals
Location
Bengaluru, India
Founded Year
1989
Annual Revenue
$259.62 M (USD)
Net Profit
$5.2 M (USD)
EBITDA
$45.18 M (USD)
Employees
8,400
As of 2024
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Peer comparison for HCG

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Competitors of HCG

HCG 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 CION Cancer Clinics, Cytecare, American Oncology Institute, Omega Hospitals and Mahatma Gandhi Cancer Hospital, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cancer treatments and support are provided by a clinic chain.
Locked Locked Locked
Oncology hospitals chain offering specialized cancer treatments.
Locked Locked Locked
Cancer care is provided through a chain of specialized hospitals.
Locked Locked Locked
Specialized oncology treatments are offered by a hospital chain.
Locked Locked Locked
Cancer care is delivered via a chain of accredited hospitals.
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Detailed competitors of HCG

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
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Latest news on Hcg

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Complete news archive for HCG

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about HCG

HCG was founded in 1989 and raised its 1st funding round 16 years after it was founded.

HCG is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Raj Gore is the current CEO of HCG.

HCG is a funded company, having raised a total of $90.03M across 13 funding rounds to date.

As of Mar 31, 2024, the latest employee count at HCG is 8,400.

Annual revenue of HCG is $259.62M as on Mar 31, 2025.

HCG was established in 1989 in Bengaluru, India, as a chain of oncology hospitals focused on cancer care. Comprehensive services are delivered for diagnosis and treatment, encompassing chemotherapy, radiation therapy, surgical oncology, CAR T cell therapy, robotic surgery, liver transplantation, hematology, bone marrow transplantation, radiology, imaging, and immunotherapy. Operations span multiple facilities across the region in the healthcare sector.

HCG's top competitors include Cytecare, CION Cancer Clinics and Omega Hospitals.

Yes, HCG is publicly traded on NSE under the ticker symbol HCG.

HCG has made 3 acquisitions, including Bangalore Assisted Conception Centre, Milann, and Suchirayu Hospital.

HCG has 7 investors. Key investors include IDFC First Bank, KKR, CVC, Temasek, and Premji Invest.

The ticker symbol of HCG is HCG on NSE.

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