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
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$12.49 M (USD)11as on Mar 31, 2024
-
Net Profit
$-1.06 M (USD)-139as on Mar 31, 2024
-
EBITDA
$-418.92 K (USD)-2688as on Mar 31, 2024
-
Total Equity Funding
$12.44 M (USD)
in 9 rounds
-
Latest Funding Round
$25.53 M (USD), Debt – Conventional
Apr 09, 2025
-
Investors
Fortis Healthcare
& 92 more
-
Employee Count
400
as on Nov 30, 2024
-
Acquired by
Fortis Healthcare
(Dec 20, 2025)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. 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.
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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Debt – Conventional — $25.5M
-
First Round
First Round
(01 Mar 2014)
- Investors Count 92
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Debt – Conventional - People Tree Hospitals | Valuation |
investors |
|
| Mar, 2023 | Amount | Seed - People Tree Hospitals | Valuation |
investors |
|
| Nov, 2021 | Amount | Seed - People Tree Hospitals | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Private investment arm of Kris Gopalakrishnan Family Office.
|
Founded Year | Domain | Location | |
|
Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
|
Founded Year | Domain | Location | |
|
Multi-specialty hospital services are provided across India by Fortis Healthcare.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by People Tree Hospitals
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - People Tree Hospitals
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
People Tree Hospitals Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-specialty hospital services are provided across India by Fortis Healthcare.
|
|
| domain | founded_year | HQ Location |
A chain of multi-specialty hospitals is operated in India.
|
|
| domain | founded_year | HQ Location |
A chain of multi-specialty hospitals is operated in India.
|
|
| domain | founded_year | HQ Location |
Chain of multispecialty hospitals
|
|
| domain | founded_year | HQ Location |
Chain of multi-speciality hospitals
|
|
| domain | founded_year | HQ Location |
Multispeciality secondary and tertiary care is provided by hospital chains.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on People Tree Hospitals
Frequently Asked Questions about People Tree Hospitals
When was People Tree Hospitals founded?
People Tree Hospitals was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is People Tree Hospitals located?
People Tree Hospitals is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of People Tree Hospitals?
Jothi Neeraja is the current CEO of People Tree Hospitals. They have also founded this company.
Is People Tree Hospitals a funded company?
People Tree Hospitals is a funded company, having raised a total of $12.44M across 9 funding rounds to date. The company's 1st funding round was a Seed of $4.68M, raised on Mar 01, 2014.
How many employees does People Tree Hospitals have?
As of Nov 30, 2024, the latest employee count at People Tree Hospitals is 400.
What is the annual revenue of People Tree Hospitals?
Annual revenue of People Tree Hospitals is $12.49M as on Mar 31, 2024.
What does People Tree Hospitals do?
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.
Who are the top competitors of People Tree Hospitals?
People Tree Hospitals's top competitors include KIMS Hospitals, Fortis Healthcare and Ujala Cygnus.
What products or services does People Tree Hospitals offer?
People Tree Hospitals offers Neurosciences Services, Orthopaedics Services, Cardiac Sciences Services, and Gastroenterology Services.
Who are People Tree Hospitals's investors?
People Tree Hospitals has 93 investors. Key investors include Fortis Healthcare, BlackRock, Pratithi Investments, Jothi Neeraja, and Upendra Kumar Kandluri.
What is People Tree Hospitals's valuation?
The valuation of People Tree Hospitals is $21.47M as of Mar 2023.