Manipal Hospitals

Bengaluru, India Founded: 1991 • Age: 35 yrs Acquired By Temasek
Multispecialty hospitals are operated as a chain in India.
Annual revenue - Latest available
Total funding $645.3M 5 rounds
Employees - Tracked headcount
Investors 16 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About Manipal Hospitals

Manipal Hospitals is a company based in Bengaluru (India) founded in 1991 was acquired by Temasek in April 2023. It operates as a Managed Services. Manipal Hospitals has raised $645.32 million across 5 funding rounds from investors including Kotak Mahindra Bank, State of California and Manipal Group. Manipal Hospitals has completed 8 acquisitions, including AMRI Hospitals, Ankur Hospital and Columbia Asia. Manipal Hospitals offers products and services including Cancer Care/Oncology, Cardiology, and Orthopaedics. Manipal Hospitals operates in a competitive market with competitors including Narayana Health, Fortis Healthcare, Apollo Hospitals, Ujala Cygnus and Be Well Hospitals, among others.

  • Headquarter Bengaluru, India
  • Stage Unicorn
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Manipal Health Enterprises Pvt Ltd
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $645.32 M (USD)

    in 5 rounds

  • Latest Funding Round
    $85.22 M (USD), Series E

    Feb 05, 2024

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Temasek

    (Apr 08, 2023)

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Products & Services of Manipal Hospitals

Manipal Hospitals offers a comprehensive portfolio of products and services, including Cancer Care/Oncology, Cardiology, and Orthopaedics.

Product name locked
Category locked
Primary

Specialized treatment for cancer is provided to patients.

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Heart-related treatments are offered by expert cardiologists.

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Musculoskeletal treatments are delivered for bones and joints.

People of Manipal Hospitals

Headcount 5000-10000
Employee Profiles 133
Board Members and Advisors 1
Employee Profiles
People
Srinath K Menon
Deputy Manager Marketing
People
Karthik Rajagopal
Chief Operating Officer
People
Nandkishor Dhomne
Cio, Manipal Health Entrrprises
People
Sojwal Vora
Chief Supply Chain Officer

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Board Members and Advisors
people
H Sudarshan Ballal
Chairman

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Funding Insights of Manipal Hospitals

Manipal Hospitals has successfully raised a total of $645.32M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $85.22 million completed in February 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.

Investors in Manipal Hospitals

Manipal Hospitals has secured backing from 16 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Kotak Mahindra Bank, State of California and Manipal Group.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity and venture capital fund focused on the healthcare sector
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An investment platform is provided for diverse sectors and geographies.
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Fund of funds focused on pre-seed and seed-stage companies
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Investor details for Manipal Hospitals

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Investments & Acquisitions by Manipal Hospitals

Manipal Hospitals has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include AMRI Hospitals, Ankur Hospital and Columbia Asia.

Investments
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Investment portfolio details for Manipal Hospitals

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Chain multispeciality secondary and tertiary care hospital
Locked Locked 2007 Locked
A chain of multispecialty hospitals is operated in India.
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Limited information available
Locked Locked 2003 Locked
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Complete acquisition details for Manipal Hospitals

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Financial Statements - Manipal Hospitals

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Detailed financials for Manipal Hospitals

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Manipal Hospitals Comparisons

Manipal Hospitals Primary company
Description
Multispecialty hospitals are operated as a chain in India.
Location
Bengaluru, India
Founded Year
1991
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Manipal Hospitals

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Competitors of Manipal Hospitals

Manipal 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 Narayana Health, Fortis Healthcare, Apollo Hospitals, Ujala Cygnus and Be Well Hospitals, among others.

Company Name Domain Founded year HQ Location Description
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A chain of multi-specialty hospitals is operated in India.
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Multi-specialty hospital services are provided across India by Fortis Healthcare.
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Chain of multispecialty hospitals
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A chain of multi-specialty hospitals is operated in India.
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Multispeciality hospital chain services are provided in Chennai.
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Chain of multi-speciality hospitals
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Detailed competitors of Manipal Hospitals

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Latest news on Manipal Hospitals

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Complete news archive for Manipal Hospitals

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Frequently Asked Questions about Manipal Hospitals

Manipal Hospitals was founded in 1991 and raised its 1st funding round 19 years after it was founded.

Manipal Hospitals is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Dilip Jose is the current CEO of Manipal Hospitals.

Manipal Hospitals is a funded company, having raised a total of $645.32M across 5 funding rounds to date.

Manipal Hospitals is established as one of Indias foremost healthcare groups, operating over 38 hospitals with more than 10,500 beds across the country. Comprehensive medical services are provided, covering specialties such as oncology, cardiology, orthopaedics, and organ transplants. Solutions are offered for a wide range of health conditions through advanced technology and expert care. The organization serves multiple sectors including emergency care, women and child care, and surgical interventions. Patient-first values are emphasized in all operations.

Manipal Hospitals's top competitors include Fortis Healthcare, Ujala Cygnus and Kauvery Hospital.

Manipal Hospitals offers Cancer Care/Oncology, Cardiology, and Orthopaedics.

Manipal Hospitals has made 8 acquisitions, including AMRI Hospitals, Ankur Hospital, and Columbia Asia.

Manipal Hospitals has 16 investors. Key investors include Kotak Mahindra Bank, State of California, Manipal Group, TPG, and Mubadala.

The valuation of Manipal Hospitals is $4.9B as of Feb 2024.

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