About SevenHills
SevenHills is a company based in Visakhapatnam (India) founded in 1988 by Jitendra Das Maganti was acquired by MGM Healthcare in July 2024. SevenHills has raised $58.78 thousand across 1 funding round from investors including MGM Healthcare. The company has 6 employees as of October 31, 2024. SevenHills offers products and services including Emergency Medicine, Cardiology Services, and General Surgery. SevenHills operates in a competitive market with competitors including Fortis Healthcare, Ujala Cygnus, Narayana Health, Apollo Hospitals and Kauvery Hospital, among others.
- Headquarter Visakhapatnam, India
- Employees 6 as on 31 Oct, 2024
- Founders Jitendra Das Maganti
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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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Annual Revenue
$165.82 K (USD)-56as on Mar 31, 2022
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Net Profit
$32.17 K (USD)158as on Mar 31, 2022
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EBITDA
$55.21 K (USD)273as on Mar 31, 2022
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Total Equity Funding
$58.78 K (USD)
in 1 rounds
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Latest Funding Round
$58.78 K (USD), Angel Round
May 31, 2017
- Investors
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Employee Count
6
as on Oct 31, 2024
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Acquired by
MGM Healthcare
(Jul 11, 2024)
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Products & Services of SevenHills
SevenHills offers a comprehensive portfolio of products and services, including Emergency Medicine, Cardiology Services, and General Surgery.
Provides immediate treatment for medical emergencies
Offers specialized diagnosis and treatment for heart conditions
Performs laparoscopic and other surgical procedures
Funding Insights of SevenHills
SevenHills has successfully raised a total of $58.78K through 1 strategic funding round. The most recent funding activity was a Angel Round of $58.78 thousand completed in May 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.
Investors in SevenHills
SevenHills has secured backing from 1 investor. Prominent investors backing the company include MGM Healthcare.
| Investor | Description | Founded Year | Domain | Location |
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Standalone multi speciality hospital
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Investor details for SevenHills
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Investments & Acquisitions by SevenHills
Investment portfolio details for SevenHills
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Financial Statements - SevenHills
Detailed financials for SevenHills
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Sevenhills Comparisons
Peer comparison for SevenHills
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Competitors of SevenHills
SevenHills 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.
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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 SevenHills
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Latest news on Sevenhills
Complete news archive for SevenHills
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Frequently Asked Questions about SevenHills
SevenHills was founded in 1988 and raised its 1st funding round 29 years after it was founded.
SevenHills is headquartered in Visakhapatnam, India. It is registered at Visakhapatnam, Andhra Pradesh, India.
MK Bose is the current CEO of SevenHills.
SevenHills is a funded company, having raised a total of $58.78K across 1 funding round to date.
As of Oct 31, 2024, the latest employee count at SevenHills is 6.
Annual revenue of SevenHills is $165.82K as on Mar 31, 2022.
SevenHills was established in 1988 in Visakhapatnam, India, as a chain of multi-specialty hospitals within the healthcare sector. Operations are centered on delivering essential medical services, including emergency care, surgical interventions, diagnostic examinations, and routine health checkups. Coverage extends to various specialties to support patient needs across the region.
SevenHills's top competitors include KIMS Hospitals, Fortis Healthcare and Ujala Cygnus.
SevenHills offers Emergency Medicine, Cardiology Services, and General Surgery.
SevenHills has 1 investor. Key investors include MGM Healthcare.