About People Tree Hospitals
People Tree Hospitals is a company based in Bengaluru (India) founded in 2013 by Upendra Kumar Kandluri and Jothi Neeraja was acquired by Fortis Healthcare in December 2025. People Tree Hospitals has raised $12.44 million across 9 funding rounds from investors including Fortis Healthcare, BlackRock and Pratithi Investments. The company has 400 employees as of November 30, 2024. People Tree Hospitals offers products and services including Neurosciences Services, Orthopaedics Services, Cardiac Sciences Services, and Gastroenterology Services. People Tree Hospitals operates in a competitive market with competitors including Fortis Healthcare, Ujala Cygnus, Narayana Health, Apollo Hospitals and Kauvery Hospital, among others.
- Headquarter Bengaluru, India
- Employees 400 as on 30 Nov, 2024
- Founders Upendra Kumar Kandluri, Jothi Neeraja
- Stage Minicorn
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
$12.49 M (USD)11as on Mar 31, 2024
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Net Profit
-$1.06 M (USD)-139as on Mar 31, 2024
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EBITDA
-$418.92 K (USD)-2688as on Mar 31, 2024
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Total Equity Funding
$12.44 M (USD)
in 9 rounds
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Latest Funding Round
$25.53 M (USD), Debt – Conventional
Apr 09, 2025
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Investors
Fortis Healthcare
& 92 more
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Employee Count
400
as on Nov 30, 2024
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Acquired by
Fortis Healthcare
(Dec 20, 2025)
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Products & Services of People Tree Hospitals
People Tree Hospitals offers a comprehensive portfolio of products and services, including Neurosciences Services, Orthopaedics Services, Cardiac Sciences Services, and Gastroenterology Services.
Provides neurological disorder treatments and surgeries for brain care.
Offers bone and joint treatments including surgeries and rehabilitation.
Delivers heart disease diagnostics and surgical interventions for patients.
Handles digestive system disorders with advanced therapeutic procedures.
Funding Insights of People Tree Hospitals
People Tree Hospitals has successfully raised a total of $12.44M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $25.53 million completed in April 2025. 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 People Tree Hospitals
People Tree Hospitals has secured backing from 93 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Fortis Healthcare, BlackRock and Pratithi Investments.
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Private investment arm of Kris Gopalakrishnan Family Office.
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Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
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Multi-specialty hospital services are provided across India by Fortis Healthcare.
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Investor details for People Tree Hospitals
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Investments & Acquisitions by People Tree Hospitals
Investment portfolio details for People Tree Hospitals
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Financial Statements - People Tree Hospitals
Detailed financials for People Tree Hospitals
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People Tree Hospitals Comparisons
Peer comparison for People Tree Hospitals
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Competitors of People Tree Hospitals
People Tree 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 Fortis Healthcare, Ujala Cygnus, Narayana Health, Apollo Hospitals and Kauvery Hospital, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-specialty hospital services are provided across India by Fortis Healthcare.
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A chain of multi-specialty hospitals is operated in India.
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A chain of multi-specialty hospitals is operated in India.
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Chain of multispecialty hospitals
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Chain of multi-speciality hospitals
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Multispeciality secondary and tertiary care is provided by hospital chains.
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Detailed competitors of People Tree Hospitals
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Latest news on People Tree Hospitals
Complete news archive for People Tree Hospitals
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Frequently Asked Questions about People Tree Hospitals
People Tree Hospitals was founded in 2013 and raised its 1st funding round 1 year after it was founded.
People Tree Hospitals is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Jothi Neeraja is the current CEO of People Tree Hospitals. They have also founded this company.
People Tree Hospitals is a funded company, having raised a total of $12.44M across 9 funding rounds to date.
As of Nov 30, 2024, the latest employee count at People Tree Hospitals is 400.
Annual revenue of People Tree Hospitals is $12.49M as on Mar 31, 2024.
People Tree Hospitals was founded in 2013 in Bengaluru, India, as a chain of multispecialty facilities in the healthcare sector. Operations focus on delivering treatments across Neurosciences, Orthopaedics, Cardiac Sciences, Gastroenterology, Paediatrics and Neonatology, Oncology, Dermatology, Radiology and Imaging, Ophthalmology, ENT, Urology and Nephrology. Diagnostic, surgical, and emergency services are also provided to support comprehensive patient care.
People Tree Hospitals's top competitors include KIMS Hospitals, Fortis Healthcare and Ujala Cygnus.
People Tree Hospitals offers Neurosciences Services, Orthopaedics Services, Cardiac Sciences Services, and Gastroenterology Services.
People Tree Hospitals has 93 investors. Key investors include Fortis Healthcare, BlackRock, Pratithi Investments, Jothi Neeraja, and Upendra Kumar Kandluri.
The valuation of People Tree Hospitals is $21.47M as of Mar 2023.