Medicover Hospitals

Hyderabad, India Founded: 1995 • Age: 31 yrs Acquired By KKR
Medicover Hospitals is recognized as a leading multispecialty healthcare provider in India.

About Medicover Hospitals

Medicover Hospitals is a Healthcare company based in Hyderabad (India) founded in 1995, and was acquired by KKR in August 2026. Medicover Hospitals is recognized as a leading multispecialty healthcare provider in India. It operates on a Professional Services and HealthTech model. Medicover Hospitals has raised $26.45 million across 7 funding rounds from investors including KKR and Medicover. The company has 2,149 employees. Its website medicoverhospitals.in draws about 1.5 million monthly visits. Its Indian entity Sahrudaya Health Care Private Limited reported revenue of β‚Ή1,837 Cr. Medicover Hospitals offers products and services including Cardiology Services, Oncology Services, Orthopedics Services, and Preventive Health Checkups. Its focus areas include Hospitals and Multispecialty Hospitals. Its competitors include CARE Hospitals, Geri Care and SSO Hospital; 2 of its 3 listed competitors have raised funding.

Company details

Medicover Hospitals is established as a prominent multispecialty hospital chain in India, with a significant presence across Telangana, Andhra Pradesh, Maharashtra, and Karnataka. The organization is part of a larger European healthcare group operating in 18 countries. A wide range of medical services is provided, including cardiology, oncology, orthopedics, neurology, and organ transplantation, among over 35 specialties. Advanced technologies and international evidence-based protocols are utilized to ensure comprehensive treatment. Services such as preventive health checkups, diagnostics, and home health care are also offered to millions of patients annually, with a focus on raising healthcare standards in India.

Key Metrics
  • Annual Revenue
    ₹1,837 Cr

    FY 2025 · +14% YoY

  • Net Loss
    -₹200 Cr

    FY 2025 · -11% margin

  • EBITDA
    ₹217 Cr

    FY 2025 · 12% margin

  • Total Equity Funding
    $26.45M (USD)

    in 7 rounds

  • Latest Funding Round
    $16.36M (USD), Series B

    Aug 2017

  • Investors
    KKR

    & 1 more

  • Employee Count
    2,149
  • Acquired by
    KKR

    (Aug 2026)

Products & Services of Medicover Hospitals

Medicover Hospitals offers a comprehensive portfolio of products and services, including Cardiology Services, Oncology Services, Orthopedics Services, and Preventive Health Checkups.

Cardiology Services
Healthcare

Cardiology services are provided for heart-related conditions.

Oncology Services
Healthcare

Oncology services are offered for cancer diagnosis and treatment.

Orthopedics Services
Healthcare

Orthopedic care is provided for bone and joint issues.

Preventive Health Checkups
Healthcare

Preventive health checkups are conducted for early detection.

Apps and channels of Medicover Hospitals

its YouTube channel Medicover Hospitals has 219K subscribers and 30 videos.

Medicover Hospitals
YouTube 219K subscribers 30 videos Howto & Style
Open channel

Videos from Medicover Hospitals

The most watched videos on Medicover Hospitals's YouTube channel, Medicover Hospitals (219K subscribers). Click a video to play it here.

Grand Launch: Medicover Hospitals Secunderabad | European Healthcare in Hyderabad
567.7K views
Your Trusted Partner In Fertility Care | Medicover Fertility
396.3K views
Breastfeeding Week 2025 | Nourish, Support & Celebrate | Medicover Hospitals
18.9K views
International Patient from Yemen | Bilateral Knee Replacement Success Story | Medicover Hospitals
623 views

More on Medicover Hospitals.

Funding Insights of Medicover Hospitals

Medicover Hospitals has successfully raised a total of $26.45M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $16.36 million completed in August 2017. 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 $26.45M
  • Total Rounds 7
  • Last Round Series B β€” $16.36M
  • First Round $503,493

    (Mar 2013)

  • Investors Count 1

All 7 funding rounds of Medicover Hospitals with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2017$16.36MSeries B–Medicover
–
May 2017$10.09MSeries A––
–
Oct 2015$2.3MUnspecified––
–
Jan 2015$204,328Unspecified––
–
Jul 2014$1.33MUnspecified––
–
Dec 2013$194,503Unspecified––
–
Mar 2013$503,493Unspecified––
–
Valuation history

2 investors in total: 2 institutional.

Investors in Medicover Hospitals

Medicover Hospitals has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include KKR and Medicover.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Multiple sectors are invested in by this private equity firm.
1976kkr.comNew York, United States
Multispeciality hospitals are operated as a chain in healthcare.
1995medicover.comWarsaw, Poland
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Investor details for Medicover Hospitals

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Board of directors of Sahrudaya Health Care Private Limited (Medicover Hospitals)

Sahrudaya Health Care Private Limited is the primary company behind Medicover Hospitals. The boards of the 3 registered companies of Medicover Hospitals currently have 13 directors; the longest-serving is Anil Krishna Gundala, appointed in 2011. 48 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anil Krishna Gundala
DIN 03193789
Managing Director25 Jan 201115 yrs 9 moSahrudaya Health Care Private Limited
Annam Sharath
DIN 03431607
Director27 Oct 201511 yrsSahrudaya Health Care (Kurnool) Private Limited, Sahrudaya Health Care Private Limited, Moi Health Care Private Limited
Abhishek Rajendrakumar Kabra
DIN 06782685
Nominee Director15 May 20179 yrs 5 moSahrudaya Health Care Private Limited
Girija Venkatasubban
DIN 07594011
Director07 Aug 20215 yrs 2 moSahrudaya Health Care (Kurnool) Private Limited
Vineet Nagesh Audiraju
DIN 10709770
CFO19 Nov 20214 yrs 11 moSahrudaya Health Care Private Limited
John Paul Stubbington
DIN 09440652
Director18 Dec 20214 yrs 10 moSahrudaya Health Care Private Limited
Carl Fredrik Ragmark
DIN 09486621
Director31 Jan 20224 yrs 9 moSahrudaya Health Care Private Limited
Neeraj Jayaswal
DIN 08699757
Director08 Mar 20224 yrs 7 moSahrudaya Health Care (Kurnool) Private Limited, Moi Health Care Private Limited
Harikrishna Paramkusam
DIN 08993826
Director08 Mar 20224 yrs 7 moSahrudaya Health Care (Kurnool) Private Limited, Sahrudaya Health Care Private Limited
Adluri Rajeshwara Krishna Prasad
DIN 03450501
Director08 Mar 20224 yrs 7 moSahrudaya Health Care (Kurnool) Private Limited, Moi Health Care Private Limited
Krishna Kiran Eachempati
DIN 07657434
Director08 Mar 20224 yrs 7 moSahrudaya Health Care (Kurnool) Private Limited, Moi Health Care Private Limited
Joe Ryan
DIN 09536355
Director09 Sep 20224 yrs 1 moSahrudaya Health Care Private Limited
Anand Dhirajlal Patel
DIN 10896100
Director03 Jan 20251 yr 9 moSahrudaya Health Care Private Limited

People of Medicover Hospitals

46 people are tracked at Medicover Hospitals (13 in leadership, 33 in team); the tracked headcount is 2,149.

NameRoleGroup
Hari Krishna
Managing DirectorLeadership
Managing DirectorLeadership
Dr. Acharya Deevi
Head Regional OperationsLeadership
A R Krishna Prasad
Director & Chief Consultant Cardiothoracic SurgeonLeadership
COO Healthcare Services, Medicover Healthcare ServicesLeadership
P. Hari Krishna
Executive Director, Medicover Hospitals, IndiaLeadership
Fredrick Ragmark
CEO, Medicover GroupLeadership
Dr.vishal Kute
GM & Center HeadLeadership
Sateesh Kumar Kailasam
Group Medical DirectorLeadership
Fouzan Mohammed Akbar
Head Clinical PharmacologistLeadership
Dr Shridhar P
State Head OperationsLeadership
Dr.dipen Shah
DGM & Center HeadLeadership
Seshidhar Panem
General ManagerLeadership
Jakeer Hussain
Operations Floor ManagerTeam
Nafisa Ansari
Marketing Manager - AggregatorTeam
Nalagatla Suneel Kumar
Operations ManagerTeam
Gajula Lahari
Manager - Operations And AdministrationTeam
Dr.ravi Mallareddy
Medical SuperintendentTeam
Dr Umapathi Naidu
Medical SuperintendentTeam
Abhishek Patil
Incharge Medical RecordsTeam

26 more people are available in the full profile.

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Financials of Medicover Hospitals

Figures of Sahrudaya Health Care Private Limited, the primary company behind Medicover Hospitals, for FY 2025. Revenue was ₹1,837 Cr (+14% year on year). Net loss was -₹200 Cr (-11% margin). EBITDA was ₹217 Cr (12% margin). Revenue has grown at a compounded annual rate of +16% over three years and +28% over five years.

  • ₹1,837 CrRevenue · FY 2025 · +14% YoY
  • -₹200 CrNet loss · -11% margin
  • ₹217 CrEBITDA · 12% margin
  • ₹41.01 CrPaid-up capital
  • 2,149Employees (provident fund records)
  • +16%Revenue CAGR, 3 years
  • +28%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Sahrudaya Health Care Private Limited are on its company page.

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Detailed financial statements for Medicover Hospitals

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Timeline of Medicover Hospitals

4 dated milestones of Medicover Hospitals across 31 years, from founding to its latest funding, stage changes and deals.

  1. Founded Medicover Hospitals is founded.
  2. Funding First funding round of $503K.
  3. Funding Latest funding round, Series B, of $16.4M.
  4. Exit Acquired by KKR.

Competitors of Medicover Hospitals

Medicover Hospitals has 3 listed competitors in our database, 2 of them funded. They include CARE Hospitals, Geri Care and SSO Hospital.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
carehospitals.com1997Hyderabad, India2,576
Multi-specialty healthcare provider
gericare.in2018Chennai, India$15.48M456
Diversified home healthcare solutions are provided for older adults.
ssohospitals.com2019Mumbai, India$414,287159
Health systems are operated by SSO Hospital in Mumbai.
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Detailed competitors of Medicover Hospitals

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Web traffic of Medicover Hospitals

The website of Medicover Hospitals (medicoverhospitals.in) receives about 1.5M visits a month and ranks #44,554 among all websites worldwide, #1,128 in Health.

  • Monthly visits
    1.5M

    ▲ 1.9% vs previous month

  • Unique visitors
    815.1K

    per month

  • Global rank
    #44,554

    among all websites

  • Category rank
    #1,128

    Health · Health

Similar websites

Websites whose visitors overlap most with Medicover Hospitals. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
rxdx.in
100%
39K#718,167View details
aarthiscan.com
100%
423.5K#90,394View details
bbraun.com
99%
326.1K#144,841View details
omnihospitals.in
99%
8.5K#2,448,728View details
docgenie.in
96%
#338,094View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Hospitals & Clinical Care

3 companies that operate in the same segment as Medicover Hospitals (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 M4,459
Chain of oncology hospitals
1989Bengaluru, Karnataka, IndiaUSD 36.59 MUSD 270.51 M8,400
Chain of multi-super specialty healthcare hospitals
2004Gurugram, Haryana, IndiaUSD 104.7 MUSD 461.72 M12,240
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Related news about Medicover Hospitals

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Frequently Asked Questions about Medicover Hospitals

Medicover Hospitals was founded in 1995 and raised its 1st funding round 18 years after it was founded.

Medicover Hospitals is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Medicover Hospitals is a funded company, having raised a total of $26.45M across 7 funding rounds to date. The company's 1st funding round was a Unspecified of $503.49K, raised on Mar 2013.

Medicover Hospitals has 2,149 employees.

The primary company behind Medicover Hospitals, Sahrudaya Health Care Private Limited, reported revenue of β‚Ή1,837 Cr for FY 2025, up 14% year on year.

Medicover Hospitals is established as a prominent multispecialty hospital chain in India, with a significant presence across Telangana, Andhra Pradesh, Maharashtra, and Karnataka. The organization is part of a larger European healthcare group operating in 18 countries. A wide range of medical services is provided, including cardiology, oncology, orthopedics, neurology, and organ transplantation, among over 35 specialties. Advanced technologies and international evidence-based protocols are utilized to ensure comprehensive treatment. Services such as preventive health checkups, diagnostics, and home health care are also offered to millions of patients annually, with a focus on raising healthcare standards in India.

Medicover Hospitals's top competitors include CARE Hospitals, Geri Care and SSO Hospital.

Medicover Hospitals offers Cardiology Services, Oncology Services, Orthopedics Services, and Preventive Health Checkups.

Medicover Hospitals has 2 investors. Key investors include KKR, and Medicover.

Medicover Hospitals is associated with 3 legal entities: Sahrudaya Health Care Private Limited, Sahrudaya Health Care (Kurnool) Private Limited, Moi Health Care Private Limited.

Yes. Medicover Hospitals was acquired by KKR in August 2026.

The legal entities of Medicover Hospitals currently have 14 directors, including Annam Sharath, Neeraj Jayaswal, Harikrishna Paramkusam and others.

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