About Nova Specialty Hospitals
Nova Specialty Hospitals is a company based in Bengaluru (India) founded in 2009 by Mahesh Reddy, Raghu Krishnan, and Vellur Narayana Shiva Shankar was acquired by Apollo Hospitals in January 2015. Nova Specialty Hospitals has raised $113.04 million across 8 funding rounds from investors including Goldman Sachs, Apollo Hospitals and Asia Healthcare Holdings. The company has 5 employees as of April 06, 2024. Nova Specialty Hospitals operates in a competitive market with competitors including AB Hospitals and Nidan Health Care, among others.
- Headquarter Bengaluru, India
- Employees 5 as on 06 Apr, 2024
- Founders Mahesh Reddy, Raghu Krishnan, Vellur Narayana Shiva Shankar
- Stage Minicorn
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Sectors
Healthcare
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Nova Medical Centers Private Limited
- Date of Incorporation 07 Jan, 2009
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$52.11 M (USD)31.63as on Mar 31, 2023
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Net Profit
$104.73 K (USD)107.7as on Mar 31, 2023
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EBITDA
$7.72 M (USD)90.32as on Mar 31, 2023
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Total Equity Funding
$113.04 M (USD)
in 8 rounds
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Latest Funding Round
$8.85 M (USD), Angel Round
Jul 24, 2022
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Investors
Goldman Sachs
& 10 more
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Employee Count
5
as on Apr 06, 2024
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Acquired by
Apollo Hospitals
(Jan 06, 2015)
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Funding Insights of Nova Specialty Hospitals
Nova Specialty Hospitals has successfully raised a total of $113.04M across 8 strategic funding rounds. The most recent funding activity was a Angel Round of $8.85 million completed in July 2022. 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 Nova Specialty Hospitals
Nova Specialty Hospitals has secured backing from 11 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Goldman Sachs, Apollo Hospitals and Asia Healthcare Holdings.
| Investor | Description | Founded Year | Domain | Location |
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Investment and management of healthcare enterprises in Asia.
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Investment banking services are delivered across multiple financial sectors.
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Venture capital investments are offered to startups by NEA.
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Investor details for Nova Specialty Hospitals
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Investments & Acquisitions by Nova Specialty Hospitals
Investment portfolio details for Nova Specialty Hospitals
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Financial Statements - Nova Specialty Hospitals
Detailed financials for Nova Specialty Hospitals
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Nova Specialty Hospitals Comparisons
Peer comparison for Nova Specialty Hospitals
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Competitors of Nova Specialty Hospitals
Nova Specialty 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 AB Hospitals and Nidan Health Care, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Ambulatory surgery centers are operated as a chain in India.
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Diagnostics services are offered via a chain of clinics.
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Detailed competitors of Nova Specialty Hospitals
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Latest news on Nova Specialty Hospitals
Complete news archive for Nova Specialty Hospitals
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Frequently Asked Questions about Nova Specialty Hospitals
Nova Specialty Hospitals was founded in 2009.
Nova Specialty Hospitals is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Nova Specialty Hospitals is a funded company, having raised a total of $113.04M across 8 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Nova Specialty Hospitals is 5.
Annual revenue of Nova Specialty Hospitals is $52.11M as on Mar 31, 2023.
Nova Specialty Hospitals was established in 2009 in Bengaluru, India. Ambulatory surgery centres are managed as a chain within the healthcare sector. Services are delivered in specialties including orthopedics, bariatric surgery, laparoscopic procedures, and general surgery. Operations focus on outpatient care, with facilities located primarily in India to support varied medical needs.
Nova Specialty Hospitals's top competitors include Nidan Health Care and AB Hospitals.
Nova Specialty Hospitals has 11 investors. Key investors include Goldman Sachs, Apollo Hospitals, Asia Healthcare Holdings, GTI Capital Group, and Manish Banker.
The valuation of Nova Specialty Hospitals is $163.59M as of Jul 2022.