Medeor Hospital

Delhi, India Founded: 2004 • Age: 22 yrs Acquired By Fortis Healthcare
A chain of multispecialty hospitals is operated in India.

About Medeor Hospital

Medeor Hospital is a Healthcare company based in Delhi (India) founded in 2004, and was acquired by Fortis Healthcare in April 2023. A chain of multispecialty hospitals is operated in India. Its Indian entity Medeor Hospital Limited reported revenue of β‚Ή22.44 Cr. Its focus areas include Hospital Chains and Multispecialty Hospital Chains. Its competitors include Fortis Healthcare, Ujala Cygnus and Narayana Health; 2 of its 3 listed competitors have raised funding.

Company details

Medeor Hospital was established in 2004 and is headquartered in Delhi, India. Multispecialty healthcare services are delivered through a network of hospitals under the domain medeor.in. Operations encompass various medical specialties, including diagnostics and treatments, within the Indian healthcare sector. Leadership is provided by Shamsheer Vayalil in the role of Managing Director. Focus remains on regional medical infrastructure and patient care delivery.

  • Headquarters Delhi, India
  • Stage Acquired
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website medeor.in
  • Social LinkedIn X Facebook
  • Acquired by Fortis Healthcare (Apr 2023)
  • Legal Name Medeor Hospital Limited
  • Date of Incorporation 04 Aug, 2004
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹22.44 Cr

    FY 2023 · +4% YoY

  • Net Loss
    -₹107 Cr

    FY 2023 · -477% margin

  • EBITDA
    -₹32.94 Cr

    FY 2023 · -147% margin

  • Investors
  • Acquired by

Investors in Medeor Hospital

Medeor Hospital has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fortis Healthcare.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Multi-specialty hospital services are provided across India by Fortis Healthcare.
1996fortishealthcare.comGurugram, India
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Investor details for Medeor Hospital

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Board of directors of Medeor Hospital Limited (Medeor Hospital)

Medeor Hospital Limited is the primary company behind Medeor Hospital. The boards of the 2 registered companies of Medeor Hospital currently have 5 directors; the longest-serving is Hafiz Ali Ullatt, appointed in 2016. 60 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Hafiz Ali Ullatt
DIN 06678357
Managing Director30 Jun 201610 yrs 4 moMedeor Hospital Limited, Vps Health Care Private Limited
Shamsheer Vayalil Parambath
DIN 02371712
Director04 Oct 20215 yrs 1 moVps Health Care Private Limited
Liya Antony
DIN 05184271
Additional Director20 Mar 20251 yr 7 moMedeor Hospital Limited
Kiliyamannil Nazar Mohammedmohithuhaji
DIN 02821217
Additional Director29 Apr 20251 yr 6 moMedeor Hospital Limited
Rahiman Reyaz Mohammed
DIN 11076946
Additional Director29 Apr 20251 yr 6 moMedeor Hospital Limited, Vps Health Care Private Limited

People of Medeor Hospital

5 people are tracked at Medeor Hospital (3 in leadership, 2 in team).

NameRoleGroup
Managing DirectorLeadership
Shajir Gaffar
CEOLeadership
Praveen K.
Unit Head-sales & MarketingLeadership
Gaurav Pundora
Digital Marketing SpecialistTeam
Manju Yadav
Senior Executive Human ResourcesTeam
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Financials of Medeor Hospital

Figures of Medeor Hospital Limited, the primary company behind Medeor Hospital, for FY 2023. Revenue was ₹22.44 Cr (+4% year on year). Net loss was -₹107 Cr (-477% margin). EBITDA was -₹32.94 Cr (-147% margin). Revenue has grown at a compounded annual rate of -37% over three years and -34% over five years.

  • ₹22.44 CrRevenue · FY 2023 · +4% YoY
  • -₹107 CrNet loss · -477% margin
  • -₹32.94 CrEBITDA · -147% margin
  • ₹136 CrPaid-up capital
  • 4Employees (provident fund records)
  • -37%Revenue CAGR, 3 years
  • -34%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Medeor Hospital Limited are on its company page.

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Detailed financial statements for Medeor Hospital

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Timeline of Medeor Hospital

2 dated milestones of Medeor Hospital across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Medeor Hospital is founded.
  2. Exit Acquired by Fortis Healthcare.

Competitors of Medeor Hospital

Medeor Hospital has 3 listed competitors in our database, 2 of them funded. They include Fortis Healthcare, Ujala Cygnus and Narayana Health.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fortishealthcare.com1996Gurugram, India1,565
Multi-specialty hospital services are provided across India by Fortis Healthcare.
ujalacygnus.com2011Delhi, India$36.74M2,084
A chain of multi-specialty hospitals is operated in India.
narayanahealth.org2000Bengaluru, India$148.2M8,145
A chain of multi-specialty hospitals is operated in India.
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Detailed competitors of Medeor Hospital

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Web traffic of Medeor Hospital

Websites that share an audience with Medeor Hospital (medeor.in).

Similar websites

Websites whose visitors overlap most with Medeor Hospital. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
satyughealthcare.com
100%
#1,502,152View details

Top companies in Hospitals & Clinical Care

3 companies that operate in the same segment as Medeor Hospital (Hospitals & Clinical Care) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Maternity, childcare, and fertility services are delivered via hospital chains.
2007Bengaluru, Karnataka, IndiaUSD 204.87 MUSD 140.46 M6,354
Chain of oncology hospitals
1989Bengaluru, Karnataka, IndiaUSD 36.59 MUSD 270.51 M321
Chain of multi-super specialty healthcare hospitals
2004Gurugram, Haryana, IndiaUSD 104.7 MUSD 461.72 M12,240
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Related news about Medeor Hospital

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Frequently Asked Questions about Medeor Hospital

Medeor Hospital was founded in 2004.

Medeor Hospital is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

The primary company behind Medeor Hospital, Medeor Hospital Limited, reported revenue of β‚Ή22.44 Cr for FY 2023, up 4% year on year.

Medeor Hospital was established in 2004 and is headquartered in Delhi, India. Multispecialty healthcare services are delivered through a network of hospitals under the domain medeor.in. Operations encompass various medical specialties, including diagnostics and treatments, within the Indian healthcare sector. Leadership is provided by Shamsheer Vayalil in the role of Managing Director. Focus remains on regional medical infrastructure and patient care delivery.

Medeor Hospital's top competitors include Fortis Healthcare, Ujala Cygnus and Narayana Health.

Medeor Hospital has 1 investor. Key investors include Fortis Healthcare.

Medeor Hospital is associated with 2 legal entities: Medeor Hospital Limited, Vps Health Care Private Limited.

Yes. Medeor Hospital was acquired by Fortis Healthcare in April 2023.

The legal entities of Medeor Hospital currently have 7 directors, including Kiliyamannil Nazar Mohammedmohithuhaji, Siras, Hafiz Ali Ullatt and others.

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