About Omega Hospitals
Omega Hospitals is a company based in Hyderabad (India) founded in 2010 by Mohan Vamsy Chigurupati. Omega Hospitals has raised $59.94 million across 1 funding round from investors including Morgan Stanley. The company has 1,174 employees as of August 19, 2025. Omega Hospitals has completed 1 acquisition, including Cytecare. Omega Hospitals offers products and services including Surgical Oncology, Medical Oncology, Radiation Oncology, Cardiology Services, and Emergency Medicine. Omega Hospitals operates in a competitive market with competitors including HCG, Cytecare, CION Cancer Clinics, American Oncology Institute and Mahatma Gandhi Cancer Hospital, among others.
- Headquarter Hyderabad, India
- Employees 1174 as on 19 Aug, 2025
- Founders Mohan Vamsy Chigurupati
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Hyderabad Institute Of Oncology Private Limited
- Date of Incorporation 01 Jan, 2010
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$45.28 M (USD)46as on Mar 31, 2024
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Net Profit
$702.89 K (USD)-52.67as on Mar 31, 2024
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EBITDA
$11.71 M (USD)289.69as on Mar 31, 2024
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Total Equity Funding
$59.94 M (USD)
in 1 rounds
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Latest Funding Round
$59.94 M (USD), Private Equity Round
Jun 14, 2024
- Investors
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Employee Count
1174
as on Aug 19, 2025
- Investments & Acquisitions
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Products & Services of Omega Hospitals
Omega Hospitals offers a comprehensive portfolio of products and services, including Surgical Oncology, Medical Oncology, Radiation Oncology, Cardiology Services, and Emergency Medicine.
Surgical treatments for various cancers
Chemotherapy and targeted therapies for cancer
Radiation treatments using advanced technology
Diagnostic and treatment services for heart conditions
24/7 emergency response and patient stabilization
Diagnosis and treatment of neurological disorders
People of Omega Hospitals
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Funding Insights of Omega Hospitals
Omega Hospitals has successfully raised a total of $59.94M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $59.94 million completed in June 2024. 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 Omega Hospitals
Omega Hospitals has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Morgan Stanley.
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Wealth management, investment advisory, and financial services are provided.
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Investor details for Omega Hospitals
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Investments & Acquisitions by Omega Hospitals
Omega Hospitals has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cytecare.
Investment portfolio details for Omega Hospitals
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Oncology hospitals chain offering specialized cancer treatments.
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Complete acquisition details for Omega Hospitals
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Financial Statements - Omega Hospitals
Detailed financials for Omega Hospitals
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Omega Hospitals Comparisons
Peer comparison for Omega Hospitals
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Competitors of Omega Hospitals
Omega 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 HCG, Cytecare, CION Cancer Clinics, American Oncology Institute and Mahatma Gandhi Cancer Hospital, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Chain of oncology hospitals
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Oncology hospitals chain offering specialized cancer treatments.
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Cancer treatments and support are provided by a clinic chain.
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Cancer care is provided through a chain of specialized hospitals.
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Cancer care is delivered via a chain of accredited hospitals.
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Detailed competitors of Omega Hospitals
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Latest news on Omega Hospitals
Complete news archive for Omega Hospitals
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Frequently Asked Questions about Omega Hospitals
Omega Hospitals was founded in 2010 and raised its 1st funding round 14 years after it was founded.
Omega Hospitals is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Peddireddy Sridhar is the current CEO of Omega Hospitals.
Omega Hospitals is a funded company, having raised a total of $59.94M across 1 funding round to date.
As of Aug 19, 2025, the latest employee count at Omega Hospitals is 1,174.
Annual revenue of Omega Hospitals is $45.28M as on Mar 31, 2024.
Omega Hospitals was founded in 2010 in Hyderabad, India, as a chain of oncology facilities. Specialized cancer treatments and services are provided, including video consultations, health packages, laboratory tests, imaging, and pharmacy support. Operations focus on comprehensive care for patients under the guidance of cancer specialists, serving the healthcare sector in the region.
Omega Hospitals's top competitors include HCG, Cytecare and CION Cancer Clinics.
Omega Hospitals offers Surgical Oncology, Medical Oncology, Radiation Oncology, Cardiology Services, and 2 more products and services.
Omega Hospitals has made 1 acquisition, including Cytecare.
Omega Hospitals has 1 investor. Key investors include Morgan Stanley.