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
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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 Manipal Health Enterprises Pvt Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$645.32 M (USD)
in 5 rounds
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Latest Funding Round
$85.22 M (USD), Series E
Feb 05, 2024
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Investors
Kotak Mahindra Bank
& 15 more
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Employee Count
Employee Count
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Investments & Acquisitions
AMRI Hospitals
& 7 more
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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. 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.
Specialized treatment for cancer is provided to patients.
Heart-related treatments are offered by expert cardiologists.
Musculoskeletal treatments are delivered for bones and joints.
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series E — $85.2M
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First Round
First Round
(22 Nov 2010)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series E - Manipal Hospitals | Valuation | Mubadala , Temasek | |
| Apr, 2021 | Amount | Series D - Manipal Hospitals | Valuation | NIIF , TPG | |
| Feb, 2015 | Amount | Series C - Manipal Hospitals | Valuation | TPG |
| 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 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. 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 and venture capital fund focused on the healthcare sector
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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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Fund of funds focused on pre-seed and seed-stage 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 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. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Chain multispeciality secondary and tertiary care hospital
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2007 | ||||
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A chain of multispecialty hospitals is operated in India.
|
2005 | ||||
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Limited information available
|
2003 |
| 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
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Manipal 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 |
Manipal Hospitals Comparisons
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. 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 |
A chain of multi-specialty hospitals is operated in India.
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| 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 |
Chain of multispecialty hospitals
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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 |
Multispeciality hospital chain services are provided in Chennai.
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| domain | founded_year | HQ Location |
Chain of multi-speciality 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 Manipal Hospitals
Frequently Asked Questions about Manipal Hospitals
When was Manipal Hospitals founded?
Manipal Hospitals was founded in 1991 and raised its 1st funding round 19 years after it was founded.
Where is Manipal Hospitals located?
Manipal Hospitals is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Manipal Hospitals?
Dilip Jose is the current CEO of Manipal Hospitals.
Is Manipal Hospitals a funded company?
Manipal Hospitals is a funded company, having raised a total of $645.32M across 5 funding rounds to date. The company's 1st funding round was a Series C of $150M, raised on Nov 22, 2010.
What does Manipal Hospitals do?
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.
Who are the top competitors of Manipal Hospitals?
Manipal Hospitals's top competitors include Fortis Healthcare, Ujala Cygnus and Kauvery Hospital.
What products or services does Manipal Hospitals offer?
Manipal Hospitals offers Cancer Care/Oncology, Cardiology, and Orthopaedics.
How many acquisitions has Manipal Hospitals made?
Manipal Hospitals has made 8 acquisitions, including AMRI Hospitals, Ankur Hospital, and Columbia Asia.
Who are Manipal Hospitals's investors?
Manipal Hospitals has 16 investors. Key investors include Kotak Mahindra Bank, State of California, Manipal Group, TPG, and Mubadala.
What is Manipal Hospitals's valuation?
The valuation of Manipal Hospitals is $4.9B as of Feb 2024.