Nova Specialty Surgery

Bengaluru, India Founded: 2009 • Age: 17 yrs
Multispecialty hospitals are operated as a chain in India.

About Nova Specialty Surgery

Nova Specialty Surgery is a Healthcare company based in Bengaluru (India) founded in 2009. Multispecialty hospitals are operated as a chain in India. Nova Specialty Surgery has raised $90.54 million across 4 funding rounds from investors including Goldman Sachs, GTI Capital Group and NEA. Its focus areas include Hospital Chains and Multispecialty Hospital Chains. Its legal entity in India is Novamed Centers (india) Private Limited (U85100KA2009PTC048788). Its competitors include Fortis Healthcare, Ujala Cygnus and Narayana Health; 2 of its 3 listed competitors have raised funding.

Company details

Founded in 2009, Nova Specialty Surgery functions as a chain of multispecialty hospitals headquartered in Bengaluru, India. Healthcare services are delivered across various fields, including orthopedic and general surgeries, bariatric procedures, plastic and reconstructive surgery, gynecology, pediatrics, neurosurgery, ophthalmology, rehabilitation, counseling, palliative care, imaging, laboratory testing, emergency response, and inpatient treatment. Operations focus on comprehensive medical care within the healthcare sector.

Key Metrics
  • Total Equity Funding
    $90.54M (USD)

    in 4 rounds

  • Latest Funding Round
    $9.79M (USD), Series B

    Jun 2017

  • Investors

Funding Insights of Nova Specialty Surgery

Nova Specialty Surgery has successfully raised a total of $90.54M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $9.79 million completed in June 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 $90.54M
  • Total Rounds 4
  • Last Round Series B β€” $9.79M
  • First Round $16M

    (May 2010)

  • Investors Count 3

All 4 funding rounds of Nova Specialty Surgery with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2017$9.79MSeries B–New Enterprise Associates, Goldman Sachs
–
Jun 2014$10.75MSeries B–New Enterprise Associates, Goldman Sachs
–
Aug 2012$54MSeries B–Goldman Sachs
May 2010$16MSeries A–New Enterprise Associates
Valuation history

3 investors in total: 3 institutional.

Investors in Nova Specialty Surgery

Nova Specialty Surgery has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs, GTI Capital Group and NEA.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are offered to startups by NEA.
nea.comMenlo Park, United States
Investment banking services are delivered across multiple financial sectors.
1869goldmansachs.comNew York, United States
Potato farming, grain marketing, and equipment services are conducted in Maine.
1996gticapitalgroup.comEbene City, Mauritius
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Investor details for Nova Specialty Surgery

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Novamed Centers (India) Private Limited (Nova Specialty Surgery)

Novamed Centers (India) Private Limited is the primary company behind Nova Specialty Surgery. The board of Novamed Centers (India) Private Limited currently have 5 directors; the longest-serving is Mahesh Reddy, appointed in 2009. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mahesh Reddy
DIN 01362248
Director09 Jan 200917 yrs 10 moNovamed Centers (India) Private Limited
Suresh Kumar Soni
DIN 02498900
Director09 Jan 200917 yrs 10 moNovamed Centers (India) Private Limited
Michael Peter Schulhof
DIN 01884261
Director09 Jan 200917 yrs 10 moNovamed Centers (India) Private Limited
Jonathan Nissim Schulhof
DIN 02851608
Director08 Dec 200916 yrs 11 moNovamed Centers (India) Private Limited
Benedict Jerome Mathias
DIN 01837379
Additional Director04 Jun 201016 yrs 5 moNovamed Centers (India) Private Limited

Timeline of Nova Specialty Surgery

3 dated milestones of Nova Specialty Surgery across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nova Specialty Surgery is founded.
  2. Funding First funding round of $16.0M.
  3. Funding Latest funding round, Series B, of $9.8M.

Competitors of Nova Specialty Surgery

Nova Specialty Surgery 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 Nova Specialty Surgery

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Hospitals & Clinical Care

3 companies that operate in the same segment as Nova Specialty Surgery (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 M321
Chain of multi-super specialty healthcare hospitals
2004Gurugram, Haryana, IndiaUSD 104.7 MUSD 461.72 M12,240
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Frequently Asked Questions about Nova Specialty Surgery

Nova Specialty Surgery was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Nova Specialty Surgery is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Nova Specialty Surgery is a funded company, having raised a total of $90.54M across 4 funding rounds to date. The company's 1st funding round was a Series A of $16M, raised on May 2010.

Founded in 2009, Nova Specialty Surgery functions as a chain of multispecialty hospitals headquartered in Bengaluru, India. Healthcare services are delivered across various fields, including orthopedic and general surgeries, bariatric procedures, plastic and reconstructive surgery, gynecology, pediatrics, neurosurgery, ophthalmology, rehabilitation, counseling, palliative care, imaging, laboratory testing, emergency response, and inpatient treatment. Operations focus on comprehensive medical care within the healthcare sector.

Nova Specialty Surgery's top competitors include Fortis Healthcare, Ujala Cygnus and Narayana Health.

Nova Specialty Surgery has 3 investors. Key investors include Goldman Sachs, GTI Capital Group, and NEA.

Nova Specialty Surgery operates through Novamed Centers (India) Private Limited.

The legal entities of Nova Specialty Surgery currently have 5 directors, including Mahesh Reddy, Jonathan Nissim Schulhof, Suresh Kumar Soni and others.

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