About Ujala Cygnus
Ujala Cygnus is a company based in Delhi (India) founded in 2011 by Prateek Ghosal was acquired by General Atlantic in April 2024.. Ujala Cygnus has raised $36.74 million across 8 funding rounds from investors including Asian Development Bank, General Atlantic and Somerset Indus Capital Partners. The company has 2,084 employees as of February 28, 2025. Ujala Cygnus has completed 1 acquisition, including Amandeep Hospital. Ujala Cygnus operates in a competitive market with competitors including Fortis Healthcare, Narayana Health, Apollo Hospitals, Kauvery Hospital and KIMS Hospitals, among others.
- Headquarter Delhi, India
- Employees 2084 as on 28 Feb, 2025
- Founders Prateek Ghosal
- Stage Minicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$70.7 M (USD)33as on Mar 31, 2024
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Net Profit
$653 K (USD)-14as on Mar 31, 2024
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EBITDA
$11.34 M (USD)22as on Mar 31, 2024
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Total Equity Funding
$36.74 M (USD)
in 8 rounds
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Latest Funding Round
$18.1 M (USD), Debt – Conventional
Jan 15, 2024
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Investors
Asian Development Bank
& 29 more
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Employee Count
2084
as on Feb 28, 2025
- Investments & Acquisitions
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Acquired by
General Atlantic
(Apr 03, 2024)
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Funding Insights of Ujala Cygnus
Ujala Cygnus has successfully raised a total of $36.74M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $18.1 million completed in January 2024. 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 8
- Last Round Debt – Conventional — $18.1M
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First Round
First Round
(19 Feb 2013)
- Investors Count 29
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Debt – Conventional - Ujala Cygnus | Valuation |
investors |
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| Nov, 2021 | Amount | Series A - Ujala Cygnus | Valuation | London Medical Practice , ACP India Co Invest | |
| Dec, 2018 | Amount | Series A - Ujala Cygnus | Valuation | Raghavendra Prasad TS , Eight Roads Ventures |
| 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 Ujala Cygnus
Ujala Cygnus has secured backing from 30 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Asian Development Bank, General Atlantic and Somerset Indus Capital Partners. 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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Investment platform for private markets in India focusing on venture capital and private equity.
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Founded Year | Domain | Location | |
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Venture capital investment and global platform support for startups.
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Founded Year | Domain | Location | |
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Healthcare investments focused on accessibility, affordability, and ESG integration in India.
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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 Ujala Cygnus
Ujala Cygnus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Amandeep Hospital. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multispecialty healthcare services are delivered through a network of facilities.
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1990 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ujala Cygnus
| 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 |
Ujala Cygnus Comparisons
Competitors of Ujala Cygnus
Ujala Cygnus 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 Fortis Healthcare, Narayana Health, Apollo Hospitals, Kauvery Hospital and KIMS 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 |
Multi-specialty hospital services are provided across India by Fortis Healthcare.
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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 |
Chain of multispecialty hospitals
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| domain | founded_year | HQ Location |
Chain of multi-speciality hospitals
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| domain | founded_year | HQ Location |
Multispeciality secondary and tertiary care is provided by hospital chains.
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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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Latest news on Ujala Cygnus
Frequently Asked Questions about Ujala Cygnus
When was Ujala Cygnus founded?
Ujala Cygnus was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Ujala Cygnus located?
Ujala Cygnus is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Ujala Cygnus a funded company?
Ujala Cygnus is a funded company, having raised a total of $36.74M across 8 funding rounds to date. The company's 1st funding round was a Series A of $810.26K, raised on Feb 19, 2013.
How many employees does Ujala Cygnus have?
As of Feb 28, 2025, the latest employee count at Ujala Cygnus is 2,084.
What is the annual revenue of Ujala Cygnus?
Annual revenue of Ujala Cygnus is $70.7M as on Mar 31, 2024.
What does Ujala Cygnus do?
Ujala Cygnus was established in 2011 in Delhi, India, within the healthcare sector. A network of multi-specialty hospitals is maintained, where various medical services are delivered. These encompass oncology, cardiology, neurosciences, orthopedics, urology, gastroenterology, ENT, minimal access surgery, pediatrics, diagnostic imaging, physiotherapy, plastic surgery, and emergency care. Operations focus on comprehensive patient treatment across multiple locations.
Who are the top competitors of Ujala Cygnus?
Ujala Cygnus's top competitors include KIMS Hospitals, Fortis Healthcare and Kauvery Hospital.
How many acquisitions has Ujala Cygnus made?
Ujala Cygnus has made 1 acquisition, including Amandeep Hospital.
Who are Ujala Cygnus's investors?
Ujala Cygnus has 30 investors. Key investors include Asian Development Bank, General Atlantic, Somerset Indus Capital Partners, Eight Roads Ventures, and Evolvence India.
What is Ujala Cygnus's valuation?
The valuation of Ujala Cygnus is $58.36M as of Nov 2021.
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