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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
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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 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $59.9M
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First Round
First Round
(14 Jun 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Private Equity Round - Omega Hospitals | Valuation | Morgan Stanley |
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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 Omega Hospitals
Omega Hospitals has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Morgan Stanley. 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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Wealth management, investment advisory, and financial services are provided.
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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 Omega Hospitals
Omega Hospitals has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cytecare. 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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Oncology hospitals chain offering specialized cancer treatments.
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2014 |
| 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 - Omega 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 |
Omega Hospitals Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Chain of oncology hospitals
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| domain | founded_year | HQ Location |
Oncology hospitals chain offering specialized cancer treatments.
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| domain | founded_year | HQ Location |
Cancer treatments and support are provided by a clinic chain.
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| domain | founded_year | HQ Location |
Cancer care is provided through a chain of specialized hospitals.
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| domain | founded_year | HQ Location |
Cancer care is delivered via a chain of accredited hospitals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Omega Hospitals
Frequently Asked Questions about Omega Hospitals
When was Omega Hospitals founded?
Omega Hospitals was founded in 2010 and raised its 1st funding round 14 years after it was founded.
Where is Omega Hospitals located?
Omega Hospitals is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Omega Hospitals?
Peddireddy Sridhar is the current CEO of Omega Hospitals.
Is Omega Hospitals a funded company?
Omega Hospitals is a funded company, having raised a total of $59.94M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $59.94M, raised on Jun 14, 2024.
How many employees does Omega Hospitals have?
As of Aug 19, 2025, the latest employee count at Omega Hospitals is 1,174.
What is the annual revenue of Omega Hospitals?
Annual revenue of Omega Hospitals is $45.28M as on Mar 31, 2024.
What does Omega Hospitals do?
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.
Who are the top competitors of Omega Hospitals?
Omega Hospitals's top competitors include HCG, Cytecare and CION Cancer Clinics.
What products or services does Omega Hospitals offer?
Omega Hospitals offers Surgical Oncology, Medical Oncology, Radiation Oncology, Cardiology Services, and 2 more products and services.
How many acquisitions has Omega Hospitals made?
Omega Hospitals has made 1 acquisition, including Cytecare.
Who are Omega Hospitals's investors?
Omega Hospitals has 1 investor. Key investors include Morgan Stanley.