About Medfort Hospitals
Medfort Hospitals is a company based in Delhi (India) founded in 2010 by G S K Velu.. Medfort Hospitals has raised $15.52 million across 2 funding rounds from investors including TVS Capital Funds and ePlanet Capital. The company has 653 employees as of March 27, 2024. Medfort Hospitals has completed 1 acquisition, including Maxivision Eye Hospital.
- Headquarter Delhi, India
- Employees 653 as on 27 Mar, 2024
- Founders G S K Velu
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Maxivision Eye Hospitals Private Limited
- Date of Incorporation 15 Apr, 2010
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$29.67 M (USD)71.43as on Mar 31, 2023
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Net Profit
$2.8 M (USD)66.68as on Mar 31, 2023
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EBITDA
$7.67 M (USD)113.84as on Mar 31, 2023
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Total Equity Funding
$15.52 M (USD)
in 2 rounds
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Latest Funding Round
$2.47 M (USD), Series B
Mar 14, 2012
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Investors
TVS Capital Funds
& 1 more
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Employee Count
653
as on Mar 27, 2024
- Investments & Acquisitions
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Funding Insights of Medfort Hospitals
Medfort Hospitals has successfully raised a total of $15.52M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $2.47 million completed in March 2012. 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 2
- Last Round Series B — $2.5M
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First Round
First Round
(25 Nov 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2012 | Amount | Series B - Medfort Hospitals | Valuation | TVS Capital Funds , EPlanet Capital |
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| Nov, 2010 | Amount | Series B - Medfort Hospitals | Valuation | TVS Capital Funds , EPlanet Capital |
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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 Medfort Hospitals
Medfort Hospitals has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TVS Capital Funds and ePlanet Capital. 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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Investment in growth equity and insurtech sectors in India.
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Founded Year | Domain | Location | |
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Investment in technology businesses with high growth potential and data-driven analysis.
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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 Medfort Hospitals
Medfort Hospitals has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Maxivision Eye 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
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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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Single specialty hospital for ophthalmology
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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 - Medfort 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 |
Medfort Hospitals Comparisons
Competitors of Medfort Hospitals
| 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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Frequently Asked Questions about Medfort Hospitals
When was Medfort Hospitals founded?
Medfort Hospitals was founded in 2010.
Where is Medfort Hospitals located?
Medfort Hospitals is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Medfort Hospitals a funded company?
Medfort Hospitals is a funded company, having raised a total of $15.52M across 2 funding rounds to date. The company's 1st funding round was a Series B of $13.05M, raised on Nov 25, 2010.
How many employees does Medfort Hospitals have?
As of Mar 27, 2024, the latest employee count at Medfort Hospitals is 653.
What is the annual revenue of Medfort Hospitals?
Annual revenue of Medfort Hospitals is $29.67M as on Mar 31, 2023.
What does Medfort Hospitals do?
Medfort Hospitals was established in 2010 as a standalone ophthalmology hospital in Delhi, India. Healthcare services are provided through owned and operated day care centers focused on ophthalmology and diabetes management. Operations center on specialized eye care and related treatments within the healthcare sector, serving patients in the region without affiliation to larger hospital networks.
How many acquisitions has Medfort Hospitals made?
Medfort Hospitals has made 1 acquisition, including Maxivision Eye Hospital.
Who are Medfort Hospitals's investors?
Medfort Hospitals has 2 investors. Key investors include TVS Capital Funds, and ePlanet Capital.