Tenet Diagnostics

Hyderabad, India Founded: 2016 • Age: 10 yrs
Chain of pathology and radiology centers

About Tenet Diagnostics

Tenet Diagnostics is a Healthcare company based in Hyderabad (India) founded in 2016 by Hanumantha Rao Ch, Vinod P Nair, Ram Pap Rao A, and Surendranath C. Chain of pathology and radiology centers. Tenet Diagnostics has raised $30 million across 1 funding round from investors including Tata Capital Healthcare Fund and Blue Earth Capital. The company has 614 employees. Its chief executive, as recorded, is Hanumantha Rao Ch. Its website tenetdiagnostics.in draws about 32 thousand monthly visits. Its Indian entity Tenet Medcorp Private Limited reported revenue of ₹182 Cr. Tenet Diagnostics offers products and services including Pathology Tests, Radiology Services, and Health Packages. Its focus areas include Clinical Laboratory Chains and Diversified. Its competitors include Thyrocare, Vijaya Diagnostic Centre and Suraksha Diagnostics; 2 of its 3 listed competitors have raised funding.

Company details

Tenet Diagnostics chain of pathology and radiology centers through providing healthcare solutions, clinical laboratory chains, and diversified. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

  • Headquarters Hyderabad, India
  • Employees 614
  • Founders Hanumantha Rao Ch, Vinod P Nair, Ram Pap Rao A, Surendranath C
  • Sectors
    Healthcare
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website tenetdiagnostics.in
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Tenet Medcorp Private Limited
  • Date of Incorporation 20 Jan, 2017
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹182 Cr

    FY 2025 · +30% YoY

  • Net Loss
    -₹10.11 Cr

    FY 2025 · -6% margin

  • EBITDA
    ₹31.46 Cr

    FY 2025 · 17% margin

  • Total Equity Funding
    $30M (USD)

    in 1 rounds

  • Latest Funding Round
    $30M (USD), Series B

    Aug 2026

  • Investors
  • Employee Count
    614

Products & Services of Tenet Diagnostics

Tenet Diagnostics offers a comprehensive portfolio of products and services, including Pathology Tests, Radiology Services, and Health Packages.

Pathology Tests
Diagnostic Services

Blood and urine tests for disease detection and monitoring

Radiology Services
Imaging

X-rays and MRI scans for internal body diagnostics

Health Packages
Wellness Programs

Comprehensive checkups for disease prevention and screening

Apps and channels of Tenet Diagnostics

Tenet Diagnostics publishes 1 mobile app with over 10K+ downloads; its YouTube channel Tenet Diagnostics has 22 subscribers.

Tenet Diagnostics
Google Play Health & Fitness Everyone Free 10K+ downloads
Developer: Your trusted HealthProvider on MyMedic SuperApp
View on Google Play
Tenet Diagnostics
YouTube 22 subscribers Other
Open channel

Funding Insights of Tenet Diagnostics

Tenet Diagnostics has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series B round of $30 million completed in August 2026. 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 $30M
  • Total Rounds 1
  • Last Round Series B — $30M
  • First Round $30M

    (Aug 2026)

  • Investors Count 2

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2026$30MSeries B––
Valuation history

2 investors in total: 2 institutional.

Investors in Tenet Diagnostics

Tenet Diagnostics has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Tata Capital Healthcare Fund and Blue Earth Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
tatacapitalhealthcarefund.com
blueearth.capital
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Investor details for Tenet Diagnostics

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Board of directors of Tenet Medcorp Private Limited (Tenet Diagnostics)

Tenet Medcorp Private Limited is the primary company behind Tenet Diagnostics. The board of Tenet Medcorp Private Limited currently have 4 directors; the longest-serving is Sri Venkat Devineni, appointed in 2017. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sri Venkat Devineni
DIN 02997681
Director20 Jan 20179 yrs 9 moTenet Medcorp Private Limited
Sricharan Devineni
DIN 03012205
Managing Director20 Jan 20179 yrs 9 moTenet Medcorp Private Limited
Devineni Suresh
DIN 00202605
Director05 Feb 20188 yrs 8 moTenet Medcorp Private Limited
Venkata Raja Sekhara Babu Yarlagadda
DIN 01714095
Director05 Feb 20188 yrs 8 moTenet Medcorp Private Limited

People of Tenet Diagnostics

7 people are tracked at Tenet Diagnostics (7 in leadership); the tracked headcount is 614.

NameRoleGroup
Hanumantha Rao Ch
Co-Founder & CEOLeadership
Vinod P Nair
Co-FounderLeadership
Ram Pap Rao A
Co-FounderLeadership
Surendranath C
Co-FounderLeadership
Rahul Jalan
Chief Strategy & Business Transformation OfficerLeadership
Dr.pankaj Karwa
Senior Vice PresidentLeadership
Dr. Kiran Kumar Vattam
Sr.vice PresidentLeadership
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Complete people profiles for Tenet Diagnostics

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Financials of Tenet Diagnostics

Figures of Tenet Medcorp Private Limited, the primary company behind Tenet Diagnostics, for FY 2025. Revenue was ₹182 Cr (+30% year on year). Net loss was -₹10.11 Cr (-6% margin). EBITDA was ₹31.46 Cr (17% margin). Revenue has grown at a compounded annual rate of +18% over three years and +39% over five years.

  • ₹182 CrRevenue · FY 2025 · +30% YoY
  • -₹10.11 CrNet loss · -6% margin
  • ₹31.46 CrEBITDA · 17% margin
  • ₹72.56 CrPaid-up capital
  • 614Employees (provident fund records)
  • +18%Revenue CAGR, 3 years
  • +39%Revenue CAGR, 5 years

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

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Detailed financial statements for Tenet Diagnostics

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Timeline of Tenet Diagnostics

2 dated milestones of Tenet Diagnostics across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Tenet Diagnostics is founded.
  2. Funding First funding round of $30.0M.

Competitors of Tenet Diagnostics

Tenet Diagnostics has 3 listed competitors in our database, 2 of them funded. They include Thyrocare, Vijaya Diagnostic Centre and Suraksha Diagnostics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
thyrocare.com1996Mumbai, India$63.59M1,889
Diagnostic testing centers for pathology and health screenings are operated.
vijayadiagnostic.com1981Hyderabad, India
Diagnostic services are offered via a chain of centers.
surakshanet.com2005Kolkata, India$49M1,180
Pathology, molecular diagnostics, and imaging services are provided.
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Detailed competitors of Tenet Diagnostics

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Web traffic of Tenet Diagnostics

The website of Tenet Diagnostics (tenetdiagnostics.in) receives about 31.9K visits a month.

  • Monthly visits
    31.9K

    ▼ 12.2% vs previous month

Similar websites

Websites whose visitors overlap most with Tenet Diagnostics. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
apollodiagnostics.in
100%
578.8K#68,062View details
doctorc.in
99%
149.3K#211,549View details
pathkindlabs.com
95%
190.8K#196,338View details
luciddiagnostics.com
92%
43.9K#618,113View details
lupindiagnostics.com
90%
201.4K#311,250View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Diagnostics Laboratories

3 companies that operate in the same segment as Tenet Diagnostics (Diagnostics Laboratories) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Diagnostic testing centers for pathology and health screenings are operated.
1996Mumbai, Maharashtra, IndiaUSD 63.59 MUSD 88.36 M1,950
Chain of pathology and radiology labs
1949Gurugram, Haryana, IndiaUSD 13.9 MUSD 294.49 M5,310
Home-based diagnostic tests are booked via an online platform.
2018Noida, Uttar Pradesh, IndiaUSD 116.42 MUSD 41.86 M2,308
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Related news about Tenet Diagnostics

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Articles about Tenet Diagnostics on our blog

Frequently Asked Questions about Tenet Diagnostics

Tenet Diagnostics was founded in 2016 and raised its 1st funding round 10 years after it was founded.

Tenet Diagnostics is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Hanumantha Rao Ch is the CEO of Tenet Diagnostics, as recorded in our data. They have also founded this company.

Tenet Diagnostics is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Series B of $30M, raised on Aug 2026.

Tenet Diagnostics has 614 employees.

The primary company behind Tenet Diagnostics, Tenet Medcorp Private Limited, reported revenue of ₹182 Cr for FY 2025, up 30% year on year.

Tenet Diagnostics chain of pathology and radiology centers through providing healthcare solutions, clinical laboratory chains, and diversified. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Tenet Diagnostics's top competitors include Thyrocare, Suraksha Diagnostics and Vijaya Diagnostic Centre.

Tenet Diagnostics offers Pathology Tests, Radiology Services, and Health Packages.

Tenet Diagnostics has 2 investors. Key investors include Tata Capital Healthcare Fund, and Blue Earth Capital.

Tenet Diagnostics operates through Tenet Medcorp Private Limited.

The legal entities of Tenet Diagnostics currently have 5 directors, including Sri Venkat Devineni, Devineni Suresh, Sricharan Devineni and others.

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