Sunshine Hospitals

Bhubaneswar, India Founded: 2009 • Age: 17 yrs Acquired By KIMS Hospitals
Multispeciality hospitals chain offering diverse medical services.
Annual revenue $51.7M Latest available
Total funding $40.3M 7 rounds
Employees 787 Tracked headcount
Investors 221 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Sunshine Hospitals

Sunshine Hospitals is a company based in Bhubaneswar (India) founded in 2009 by Gurava Reddy was acquired by KIMS Hospitals in October 2021. Sunshine Hospitals has raised $40.29 million across 7 funding rounds from investors including KIMS Hospitals, Asian Institute of Gastroenterology and Merlin Holdings. The company has 787 employees as of April 05, 2024. Sunshine Hospitals operates in a competitive market with competitors including Narayana Health, Fortis Healthcare, Apollo Hospitals, Ujala Cygnus and Be Well Hospitals, among others.

  • Headquarter Bhubaneswar, India
  • Employees 787 as on 05 Apr, 2024
  • Founders Gurava Reddy
  • Stage Minicorn
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Sarvejana Healthcare Private Limited
  • Date of Incorporation 03 Dec, 2008
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $51.75 M (USD)
    -11.96
    as on Mar 31, 2023
  • Net Profit
    $6.17 M (USD)
    -27.34
    as on Mar 31, 2023
  • EBITDA
    $12.28 M (USD)
    -21.76
    as on Mar 31, 2023
  • Total Equity Funding
    $40.29 M (USD)

    in 7 rounds

  • Latest Funding Round
    $17.84 M (USD), Series C

    Oct 11, 2021

  • Investors
    KIMS Hospitals

    & 220 more

  • Employee Count
    787

    as on Apr 05, 2024

  • Acquired by
    KIMS Hospitals

    (Oct 28, 2021)

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People of Sunshine Hospitals

Headcount 5000-10000
Employee Profiles 30
Employee Profiles
People
Anil Kumar Mulpur
Chief Cardiothoracic Surgeon & VP, Critical Care Services
People
Nagarjuna Yarlagadda
Chief Consultant Gastroenterologist, Hepatologist & Therapeutic Endoscopist Medical Director
People
Dr.bharagav Reddy
HOD, Consultant Urologist & Andrologist Specialist in Laser Surgery & Laparoscopic Surgery
People
Mateenuddin Saleem
Senior Consultant Pulmonologist & Head, Pulmonology Department

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Funding Insights of Sunshine Hospitals

Sunshine Hospitals has successfully raised a total of $40.29M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $17.84 million completed in October 2021. 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 Sunshine Hospitals

Sunshine Hospitals has secured backing from 221 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include KIMS Hospitals, Asian Institute of Gastroenterology and Merlin Holdings.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity firm focused on life sciences investments in India.
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Organisation focused on providing health benefit & programs and other services
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Investor details for Sunshine Hospitals

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Investments & Acquisitions by Sunshine Hospitals

Investments
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Investment portfolio details for Sunshine Hospitals

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Financial Statements - Sunshine Hospitals

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Detailed financials for Sunshine Hospitals

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Sunshine Hospitals Comparisons

Sunshine Hospitals Primary company
Description
Multispeciality hospitals chain offering diverse medical ser...
Location
Bhubaneswar, India
Founded Year
2009
Annual Revenue
$51.75 M (USD)
Net Profit
$6.17 M (USD)
EBITDA
$12.28 M (USD)
Employees
787
As of 2024
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Peer comparison for Sunshine Hospitals

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Competitors of Sunshine Hospitals

Sunshine 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 Narayana Health, Fortis Healthcare, Apollo Hospitals, Ujala Cygnus and Be Well Hospitals, among others.

Company Name Domain Founded year HQ Location Description
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A chain of multi-specialty hospitals is operated in India.
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Multi-specialty hospital services are provided across India by Fortis Healthcare.
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Chain of multispecialty hospitals
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A chain of multi-specialty hospitals is operated in India.
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Multispeciality hospital chain services are provided in Chennai.
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Chain of multi-speciality hospitals
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Detailed competitors of Sunshine Hospitals

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Latest news on Sunshine Hospitals

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Complete news archive for Sunshine Hospitals

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Frequently Asked Questions about Sunshine Hospitals

Sunshine Hospitals was founded in 2009.

Sunshine Hospitals is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.

Sunshine Hospitals is a funded company, having raised a total of $40.29M across 7 funding rounds to date.

As of Apr 05, 2024, the latest employee count at Sunshine Hospitals is 787.

Annual revenue of Sunshine Hospitals is $51.75M as on Mar 31, 2023.

Sunshine Hospitals was founded in 2009 in Bhubaneswar, India, and is operated as a chain of multispeciality facilities. Medical services are provided across cardiology, orthopedics, neurology, nephrology, pediatrics, dermatology, gynecology, pulmonology, ENT, dentistry, gastroenterology, plastic surgery, physiotherapy, ophthalmology, and urology. Patient care and amenities are also maintained to support operations in the healthcare sector.

Sunshine Hospitals's top competitors include Fortis Healthcare, Ujala Cygnus and Kauvery Hospital.

Sunshine Hospitals has 221 investors. Key investors include KIMS Hospitals, Asian Institute of Gastroenterology, Merlin Holdings, Drawbridge Ventures, and B Ravi Shankar.

The valuation of Sunshine Hospitals is $53.03M as of Oct 2021.

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