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
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sarvejana Healthcare Private Limited
- Date of Incorporation 03 Dec, 2008
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$51.75 M (USD)-11.96as on Mar 31, 2023
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Net Profit
$6.17 M (USD)-27.34as on Mar 31, 2023
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EBITDA
$12.28 M (USD)-21.76as on Mar 31, 2023
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Total Equity Funding
$40.29 M (USD)
in 7 rounds
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Latest Funding Round
$17.84 M (USD), Series C
Oct 11, 2021
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Investors
KIMS Hospitals
& 220 more
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Employee Count
787
as on Apr 05, 2024
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Acquired by
KIMS Hospitals
(Oct 28, 2021)
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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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series C — $17.8M
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First Round
First Round
(21 Jul 2009)
- Investors Count 220
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series C - Sunshine Hospitals | Valuation | Drawbridge Ventures |
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| Mar, 2016 | Amount | Angel Round - Sunshine Hospitals | Valuation | Shailender Singh , Anil Kumar Mulpur | |
| Apr, 2015 | Amount | Series B - Sunshine Hospitals | Valuation | InvAscent |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
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Private equity firm focused on life sciences investments in India.
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Founded Year | Domain | Location | |
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Organisation focused on providing health benefit & programs and other services
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sunshine Hospitals
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sunshine Hospitals
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sunshine Hospitals Comparisons
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. 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 |
A chain of multi-specialty hospitals is operated in India.
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| domain | founded_year | HQ Location |
Multi-specialty hospital services are provided across India by Fortis Healthcare.
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| domain | founded_year | HQ Location |
Chain of multispecialty hospitals
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| domain | founded_year | HQ Location |
A chain of multi-specialty hospitals is operated in India.
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| domain | founded_year | HQ Location |
Multispeciality hospital chain services are provided in Chennai.
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| domain | founded_year | HQ Location |
Chain of multi-speciality hospitals
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sunshine Hospitals
When was Sunshine Hospitals founded?
Sunshine Hospitals was founded in 2009.
Where is Sunshine Hospitals located?
Sunshine Hospitals is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.
Is Sunshine Hospitals a funded company?
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 B of $15M, raised on Jul 21, 2009.
How many employees does Sunshine Hospitals have?
As of Apr 05, 2024, the latest employee count at Sunshine Hospitals is 787.
What is the annual revenue of Sunshine Hospitals?
Annual revenue of Sunshine Hospitals is $51.75M as on Mar 31, 2023.
What does Sunshine Hospitals do?
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.
Who are the top competitors of Sunshine Hospitals?
Sunshine Hospitals's top competitors include Fortis Healthcare, Ujala Cygnus and Kauvery Hospital.
Who are Sunshine Hospitals's investors?
Sunshine Hospitals has 221 investors. Key investors include KIMS Hospitals, Asian Institute of Gastroenterology, Merlin Holdings, Drawbridge Ventures, and B Ravi Shankar.
What is Sunshine Hospitals's valuation?
The valuation of Sunshine Hospitals is $53.03M as of Oct 2021.