Sterling Hospitals

Ahmedabad, India Founded: 2001 • Age: 25 yrs Acquired By Addlifeinvestmentsprivatelimited
Comprehensive medical services are provided by a multi-specialty hospital chain.

About Sterling Hospitals

Sterling Hospitals is a Healthcare company based in Ahmedabad (India) founded in 2001, and was acquired by Addlifeinvestmentsprivatelimited in December 2013. Comprehensive medical services are provided by a multi-specialty hospital chain. It operates on a Professional Services model. Sterling Hospitals has raised $15.5 million across 1 funding round from investors including Actis and Addlifeinvestmentsprivatelimited. The company has 1,481 employees. Its chief executive, as recorded, is Simmardeep S Gill. Its website sterlinghospitals.com draws about 16 thousand monthly visits. Its Indian entity Sterling Addlife India Private Limited reported revenue of β‚Ή497 Cr. Sterling Hospitals offers products and services including Cardiac Sciences, Renal Sciences, Onco Sciences, Neuro Sciences, and Orthopaedics and Trauma. Its focus areas include Hospitals and Multispecialty Hospitals. Its competitors include Fortis Healthcare, Ujala Cygnus and Narayana Health; 2 of its 3 listed competitors have raised funding.

Company details

Sterling Hospitals is established as a prominent multispecialty healthcare provider in Gujarat, India, with a network of six hospitals across the state. Comprehensive medical services are offered, spanning cardiac sciences, renal sciences, oncology, neurosciences, orthopaedics, and trauma care. Advanced technology and state-of-the-art infrastructure are utilized to ensure high-quality patient outcomes. Personalized and compassionate care is prioritized, catering to both local and international patients. Specialized treatments, including robotic surgery and organ transplantation, are provided to address complex medical needs. The healthcare sector is served with a focus on ethical practices and clinical excellence.

Key Metrics
  • Annual Revenue
    ₹497 Cr

    FY 2025 · -1% YoY

  • Net Loss
    -₹8.70 Cr

    FY 2025 · -2% margin

  • EBITDA
    ₹35.57 Cr

    FY 2025 · 7% margin

  • Total Equity Funding
    $15.5M (USD)

    in 1 rounds

  • Latest Funding Round
    $15.5M (USD), Private Equity Round

    Jan 2006

  • Investors
    Actis

    & 1 more

  • Employee Count
    1,481
  • Acquired by

Products & Services of Sterling Hospitals

Sterling Hospitals offers a comprehensive portfolio of products and services, including Cardiac Sciences, Renal Sciences, Onco Sciences, Neuro Sciences, and Orthopaedics and Trauma.

Cardiac Sciences
Healthcare

Specialized care for heart-related conditions is provided.

Renal Sciences
Healthcare

Kidney care and transplantation services are offered.

Onco Sciences
Healthcare

Cancer treatment and care services are delivered.

Neuro Sciences
Healthcare

Neurological disorders are diagnosed and treated here.

Orthopaedics and Trauma
Healthcare

Bone and trauma care services are provided.

Funding Insights of Sterling Hospitals

Sterling Hospitals has successfully raised a total of $15.5M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $15.5 million completed in January 2006. 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 $15.5M
  • Total Rounds 1
  • Last Round Private Equity Round β€” $15.5M
  • First Round $15.5M

    (Jan 2006)

  • Investors Count 1

All 1 funding rounds of Sterling Hospitals with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2006$15.5MPrivate Equity Round–Actis
–
Valuation history

2 investors in total: 2 institutional.

Investors in Sterling Hospitals

Sterling Hospitals has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Actis and Addlifeinvestmentsprivatelimited.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Sustainable infrastructure projects are invested in for essential services.
1987act.isLondon, United Kingdom
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Investor details for Sterling Hospitals

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Board of directors of Sterling Addlife India Private Limited (Sterling Hospitals)

Sterling Addlife India Private Limited is the primary company behind Sterling Hospitals. The board of Sterling Addlife India Private Limited currently have 6 directors; the longest-serving is Sthitapragna Kantilal Shah, appointed in 2021. 25 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sthitapragna Kantilal Shah
DIN 01552338
Company Secretary22 Dec 20214 yrs 10 moSterling Addlife India Private Limited
Amol Jain
DIN 00334710
Director28 Jun 20224 yrs 4 moSterling Addlife India Private Limited
Jonathan Tadeusz Tatur
DIN 08639243
Director28 Jun 20224 yrs 4 moSterling Addlife India Private Limited
Girish Dinanath Nadkarni
DIN 00112657
Director02 Sep 20242 yrs 2 moSterling Addlife India Private Limited
Lloyd Nazareth
DIN 03025618
Director21 Jul 20251 yr 3 moSterling Addlife India Private Limited
Santosh Anant Marathe
DIN 07755759
Managing Director17 Nov 202511 moSterling Addlife India Private Limited

People of Sterling Hospitals

14 people are tracked at Sterling Hospitals (7 in leadership, 7 in team); the tracked headcount is 1,481.

NameRoleGroup
Simmardeep S Gill
CEO & MDLeadership
Ankush Mehta
Zonal DirectorLeadership
Srinivas Menon
Head General Administration & Service ExcellenceLeadership
Kapil Gupta
Group Chief Human Resources OfficerLeadership
Nitin Singhal
Director Surgical OncologyLeadership
Srijita Mukherjee
Head Of Human ResourcesLeadership
Dr.ansif Abraham
Facility DirectorLeadership
Dr Kashyap Patel
Assistant Manager Medical AdministrationTeam
Sayan Majumder
Assistant ManagerTeam
Harshit Khandelwal
Deputy Manager- Financial Planning And AnalyticsTeam
Ajay Sharma
Deputy ManagerTeam
Santosh Choudhary
AGM & Zonal Finance ControllerTeam
Manish Raval
Group Lead - IT ProjectsTeam
Purvansh Dagor
Deputy Manager Sales & MarketingTeam
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Financials of Sterling Hospitals

Figures of Sterling Addlife India Private Limited, the primary company behind Sterling Hospitals, for FY 2025. Revenue was ₹497 Cr (-1% year on year). Net loss was -₹8.70 Cr (-2% margin). EBITDA was ₹35.57 Cr (7% margin). Revenue has grown at a compounded annual rate of -2% over three years and +2% over five years.

  • ₹497 CrRevenue · FY 2025 · -1% YoY
  • -₹8.70 CrNet loss · -2% margin
  • ₹35.57 CrEBITDA · 7% margin
  • ₹63.55 CrPaid-up capital
  • 1,481Employees (provident fund records)
  • -2%Revenue CAGR, 3 years
  • +2%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Sterling Addlife India Private Limited are on its company page.

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Detailed financial statements for Sterling Hospitals

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Timeline of Sterling Hospitals

3 dated milestones of Sterling Hospitals across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Sterling Hospitals is founded.
  2. Funding First funding round of $15.5M.
  3. Exit Acquired by Addlifeinvestmentsprivatelimited.

Competitors of Sterling Hospitals

Sterling Hospitals has 3 listed competitors in our database, 2 of them funded. They include Fortis Healthcare, Ujala Cygnus and Narayana Health.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fortishealthcare.com1996Gurugram, India1,565
Multi-specialty hospital services are provided across India by Fortis Healthcare.
ujalacygnus.com2011Delhi, India$36.74M2,084
A chain of multi-specialty hospitals is operated in India.
narayanahealth.org2000Bengaluru, India$148.2M8,145
A chain of multi-specialty hospitals is operated in India.
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Detailed competitors of Sterling Hospitals

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Web traffic of Sterling Hospitals

The website of Sterling Hospitals (sterlinghospitals.com) receives about 16K visits a month.

  • Monthly visits
    16K

    ▲ 1.7% vs previous month

Similar websites

Websites whose visitors overlap most with Sterling Hospitals. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cims.org
100%
25.6K#1,196,851View details
hcghospitals.in
98%
27.3K#857,509View details
shalby.org
97%
36K#929,367View details
logintohealth.com
94%
46.1K#782,975View details
mantracare.in
mantracare.in
93%
#2,972,771–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 34 similar websites and full traffic analytics for Sterling Hospitals

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Top companies in Hospitals & Clinical Care

3 companies that operate in the same segment as Sterling Hospitals (Hospitals & Clinical Care) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Maternity, childcare, and fertility services are delivered via hospital chains.
2007Bengaluru, Karnataka, IndiaUSD 204.87 MUSD 140.46 M4,459
Chain of oncology hospitals
1989Bengaluru, Karnataka, IndiaUSD 36.59 MUSD 270.51 M8,400
Chain of multi-super specialty healthcare hospitals
2004Gurugram, Haryana, IndiaUSD 104.7 MUSD 461.72 M12,240
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Related news about Sterling Hospitals

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Frequently Asked Questions about Sterling Hospitals

Sterling Hospitals was founded in 2001 and raised its 1st funding round 5 years after it was founded.

Sterling Hospitals is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Simmardeep S Gill is the CEO of Sterling Hospitals, as recorded in our data.

Sterling Hospitals is a funded company, having raised a total of $15.5M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $15.5M, raised on Jan 2006.

Sterling Hospitals has 1,481 employees.

The primary company behind Sterling Hospitals, Sterling Addlife India Private Limited, reported revenue of β‚Ή497 Cr for FY 2025, down 1% year on year.

Sterling Hospitals is established as a prominent multispecialty healthcare provider in Gujarat, India, with a network of six hospitals across the state. Comprehensive medical services are offered, spanning cardiac sciences, renal sciences, oncology, neurosciences, orthopaedics, and trauma care. Advanced technology and state-of-the-art infrastructure are utilized to ensure high-quality patient outcomes. Personalized and compassionate care is prioritized, catering to both local and international patients. Specialized treatments, including robotic surgery and organ transplantation, are provided to address complex medical needs. The healthcare sector is served with a focus on ethical practices and clinical excellence.

Sterling Hospitals's top competitors include Fortis Healthcare, Ujala Cygnus and Narayana Health.

Sterling Hospitals offers Cardiac Sciences, Renal Sciences, Onco Sciences, Neuro Sciences, and Orthopaedics and Trauma.

Sterling Hospitals has 2 investors. Key investors include Actis, and Addlifeinvestmentsprivatelimited.

Sterling Hospitals operates through Sterling Addlife India Private Limited.

Yes. Sterling Hospitals was acquired by Addlifeinvestmentsprivatelimited in December 2013.

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