Sunshine Hospitals

Bhubaneswar, India Founded: 2009 • Age: 17 yrs Minicorn Acquired By KIMS Hospitals
Multispeciality hospitals chain offering diverse medical services.

About Sunshine Hospitals

Sunshine Hospitals is a Healthcare company based in Bhubaneswar (India) founded in 2009 by Gurava Reddy, and was acquired by KIMS Hospitals in October 2021. Multispeciality hospitals chain offering diverse medical services. 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. Sunshine Hospitals was last valued at $53.03 million in October 2021. Its Indian entity Sarvejana Healthcare Private Limited reported revenue of β‚Ή600 Cr. Its focus areas include Hospital Chains and Multispecialty Hospital Chains. Its competitors include Narayana Health, Fortis Healthcare and Apollo Hospitals; 1 of its 3 listed competitors has raised funding.

Company details

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.

Key Metrics
  • Annual Revenue
    ₹600 Cr

    FY 2025 · +29% YoY

  • Net Profit
    ₹79.80 Cr

    FY 2025 · 13% margin

  • EBITDA
    ₹172 Cr

    FY 2025 · 29% margin

  • Total Equity Funding
    $40.29M (USD)

    in 7 rounds

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

    Oct 2021

  • Investors
  • Employee Count
    787
  • Acquired by

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.

  • Total Funding $40.29M
  • Total Rounds 7
  • Last Round Series C β€” $17.84M
  • First Round $4.47M

    (Jul 2009)

  • Investors Count 220

All 7 funding rounds of Sunshine Hospitals with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2021$17.84MSeries C$53.03MDrawbridge Ventures
–
Mar 2016$1MAngel Round$45.33MShailender Singh, Anil Kumar Mulpur
Apr 2015$15MSeries B$β€’β€’β€’β€’β€’InvAscent
–
Nov 2014$200,456Series A$β€’β€’β€’β€’β€’A Bhavani, A Bhavani
Nov 2013$1.47MSeries A$β€’β€’β€’β€’β€’Crest Clienical Services, Indrasen Reddy B
Jun 2011$311,412Series A$β€’β€’β€’β€’β€’Rama, Brahmananda Reddy D
Jul 2009$4.47MSeries A–Asian Institute of Gastroenterology, Veen Promoters
Valuation history
DateValuationStage
Oct 2021$53.03Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2016$45.33Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Nov 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Nov 2013$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2011$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2009$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Sunshine Hospitals

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Last known valuation $53.03M (Oct 2021). 221 investors in total: 10 institutional and 211 angel.

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
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on life sciences investments in India.
2005invascent.com
Organisation focused on providing health benefit & programs and other services
Hyderabad, India
Limited information available
1995merlinholdings.comKolkata, India
Gastroenterology services including therapeutic endoscopy are provided.
1994aigindia.netHyderabad, India
Construction services are provided for building projects in Hyderabad.
Hyderabad, India

B Ravi Shankar

unknown_edd672e348b64001a
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Investor details for Sunshine Hospitals

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Board of directors of Sarvejana Healthcare Private Limited (Sunshine Hospitals)

Sarvejana Healthcare Private Limited is the primary company behind Sunshine Hospitals. The board of Sarvejana Healthcare Private Limited currently have 8 directors; the longest-serving is Murali Krishna Movva, appointed in 2021. 21 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Murali Krishna Movva
DIN 08273792
Director09 Jul 20215 yrs 4 moSarvejana Healthcare Private Limited
Bhaskara Rao Bollineni
DIN 00008985
Director10 Nov 20214 yrs 11 moSarvejana Healthcare Private Limited
Adwik Bollineni
DIN 06549059
Director10 Nov 20214 yrs 11 moSarvejana Healthcare Private Limited
Venkata Ramudu Jasthi
DIN 03055480
Director09 Aug 20224 yrs 3 moSarvejana Healthcare Private Limited
Rajeswara Rao Gandu
DIN 05339318
Director09 Aug 20224 yrs 3 moSarvejana Healthcare Private Limited
Gaurav Dutt Trivedi
DIN 07631749
Company Secretary25 Jul 20233 yrs 3 moSarvejana Healthcare Private Limited
Prameela Rani Yalamanchili
DIN 03270909
Director07 Nov 20242 yrsSarvejana Healthcare Private Limited
Srinivasa Satyakumar Gogineni
DIN 08582435
Director09 May 20251 yr 6 moSarvejana Healthcare Private Limited

People of Sunshine Hospitals

31 people are tracked at Sunshine Hospitals (11 in leadership, 20 in team); the tracked headcount is 787.

NameRoleGroup
Gurava Reddy
Founder & Managing DirectorLeadership
Anil Kumar Mulpur
Chief Cardiothoracic Surgeon & VP, Critical Care ServicesLeadership
Nagarjuna Yarlagadda
Chief Consultant Gastroenterologist, Hepatologist & Therapeutic Endoscopist Medical DirectorLeadership
Mateenuddin Saleem
Senior Consultant Pulmonologist & Head, Pulmonology DepartmentLeadership
Madhusudan R. Jaju
Head, Critical Care MedicineLeadership
Mahjabeen Salma
Head, Laboratory ServicesLeadership
Adarsh Annapareddy
Executive Director, Sunshine HospitalsLeadership
Kushal Hippalgaonkar
Executive Director, Sunshine HospitalsLeadership
A.V. Gurava Reddy
CEO & ChairmanLeadership
A. Bhavani
Chief Operating OfficerLeadership
Raminder A Mahendra
Senior Consultant & Chief Family Dental SurgeonLeadership
Dr.bharagav Reddy
HOD, Consultant Urologist & Andrologist Specialist in Laser Surgery & Laparoscopic SurgeryTeam
Mohammed Kamran
Associate Family Dental SurgeonTeam
K. Sandeep Reddy
Consultant Physician & DiabetologistTeam
Taher Ahmed
Junior Consultant, Critical CareTeam
Anitha Kotha
Consultant NeurophysicianTeam
Aswini Kumar Myneni
Consultant, Surgical Gastroenterologist, Advanced Laproscopic Surgery, Colorectal Surgery & ProtologyTeam
Guruvani Ravu
Consultant Dermatologist & CosmetologistTeam
Sandeep Janardhan
Consultant Cardiothoracic SurgeonTeam
Namburi Venkata Tejaswini
Consultant PaediatricianTeam

11 more people are available in the full profile.

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Financials of Sunshine Hospitals

Figures of Sarvejana Healthcare Private Limited, the primary company behind Sunshine Hospitals, for FY 2025. Revenue was ₹600 Cr (+29% year on year). Net profit was ₹79.80 Cr (13% margin). EBITDA was ₹172 Cr (29% margin). Revenue has grown at a compounded annual rate of +7% over three years and +10% over five years.

  • ₹600 CrRevenue · FY 2025 · +29% YoY
  • ₹79.80 CrNet profit · 13% margin
  • ₹172 CrEBITDA · 29% margin
  • ₹36.52 CrPaid-up capital
  • 787Employees (provident fund records)
  • +7%Revenue CAGR, 3 years
  • +10%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Sarvejana Healthcare Private Limited are on its company page.

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Detailed financial statements for Sunshine Hospitals

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Timeline of Sunshine Hospitals

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

  1. Founded Sunshine Hospitals is founded.
  2. Funding First funding round of $4.5M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C, of $17.8M.
  5. Exit Acquired by KIMS Hospitals.

Competitors of Sunshine Hospitals

Sunshine Hospitals has 3 listed competitors in our database, 1 of them funded. They include Narayana Health, Fortis Healthcare and Apollo Hospitals.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
narayanahealth.org2000Bengaluru, India$148.2M8,145
A chain of multi-specialty hospitals is operated in India.
fortishealthcare.com1996Gurugram, India1,565
Multi-specialty hospital services are provided across India by Fortis Healthcare.
apollohospitals.com1983Chennai, India21,350
Chain of multispecialty hospitals
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Detailed competitors of Sunshine Hospitals

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Web traffic of Sunshine Hospitals

Websites that share an audience with Sunshine Hospitals (sunshinehospitals.com).

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
westernhealth.org.au
100%
47K#636,989View details
portea.com
96%
97.8K#152,077View details
globalhospitalsindia.com
globalhospitalsindia.com
94%
–

Top companies in Hospitals & Clinical Care

3 companies that operate in the same segment as Sunshine 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 M321
Chain of multi-super specialty healthcare hospitals
2004Gurugram, Haryana, IndiaUSD 104.7 MUSD 461.72 M12,240
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Related news about 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. The company's 1st funding round was a Series A of $4.47M, raised on Jul 2009.

Sunshine Hospitals has 787 employees.

The primary company behind Sunshine Hospitals, Sarvejana Healthcare Private Limited, reported revenue of β‚Ή600 Cr for FY 2025, up 29% year on year.

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, Apollo Hospitals and Narayana Health.

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.

Sunshine Hospitals operates through Sarvejana Healthcare Private Limited.

Yes. Sunshine Hospitals was acquired by KIMS Hospitals in October 2021.

The legal entities of Sunshine Hospitals currently have 8 directors, including Venkata Ramudu Jasthi, Rajeswara Rao Gandu, Bhaskara Rao Bollineni and others.

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