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
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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
*********
- Legal Name Healthcare Global Enterprises Ltd.
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Annual Revenue
$259.11 M (USD)16.26as on Mar 31, 2024
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Net Profit
$5.19 M (USD)-7.78as on Mar 31, 2024
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EBITDA
$45.09 M (USD)17.54as on Mar 31, 2024
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Total Equity Funding
$90.03 M (USD)
in 13 rounds
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Latest Funding Round
$86.18 M (USD), Post-IPO
Jun 08, 2020
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Investors
IDFC First Bank
& 6 more
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Employee Count
8400
as on Mar 31, 2024
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Investments & Acquisitions
Bangalore Assisted Conception Centre
& 2 more
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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.
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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.
- Total Funding Total Funding
- Total Rounds 13
- Last Round Post-IPO — $86.2M
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First Round
First Round
(07 Nov 2005)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Post-IPO - HCG | Valuation |
investors |
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| Mar, 2013 | Amount | Series C - HCG | Valuation |
investors |
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| Jun, 2011 | Amount | Series C - HCG | Valuation |
investors |
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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 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. 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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Mezzanine financing and equity investments are provided by CVC.
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Founded Year | Domain | Location | |
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An investment platform is provided for diverse sectors and geographies.
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Founded Year | Domain | Location | |
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Provides venture capital for technology startups and enterprise innovations worldwide.
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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
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
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 HCG
HCG has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bangalore Assisted Conception Centre, Milann and Suchirayu Hospital. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multispecialty hospital services are delivered in Hubli, India.
|
2019 | ||||
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A chain of fertility clinics is operated in Bengaluru.
|
1990 | ||||
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Milann is recognized as a leading fertility and IVF center in India.
|
1990 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HCG
| 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 |
Hcg Comparisons
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. 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 |
Cancer treatments and support are provided by a clinic chain.
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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 |
|---|---|---|---|---|
| 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 Hcg
Frequently Asked Questions about HCG
When was HCG founded?
HCG was founded in 1989 and raised its 1st funding round 16 years after it was founded.
Where is HCG located?
HCG is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of HCG?
Raj Gore is the current CEO of HCG.
Is HCG a funded company?
HCG is a funded company, having raised a total of $90.03M across 13 funding rounds to date. The company's 1st funding round was a Series C of $12.59M, raised on Nov 07, 2005.
How many employees does HCG have?
As of Mar 31, 2024, the latest employee count at HCG is 8,400.
What is the annual revenue of HCG?
Annual revenue of HCG is $259.11M as on Mar 31, 2024.
What does HCG do?
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.
Who are the top competitors of HCG?
HCG's top competitors include Cytecare, CION Cancer Clinics and Omega Hospitals.
Is HCG publicly traded?
Yes, HCG is publicly traded on NSE under the ticker symbol HCG.
How many acquisitions has HCG made?
HCG has made 3 acquisitions, including Bangalore Assisted Conception Centre, Milann, and Suchirayu Hospital.
Who are HCG's investors?
HCG has 7 investors. Key investors include IDFC First Bank, KKR, CVC, Temasek, and Premji Invest.
What is HCG's ticker symbol?
The ticker symbol of HCG is HCG on NSE.
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