Kauvery Hospital

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Kauvery Hospital - overview

Established

1999

Location

Chennai, Tamil Nadu, India

Primary Industry

Healthcare

About

Kauvery Hospital is a multi-specialty healthcare provider offering a wide range of medical services. The hospital is dedicated to delivering patient-centered care through advanced medical practices and technologies to meet diverse healthcare needs. Kauvery Hospital, founded in 1999 in Chennai, India, operates as a prominent multi-specialty healthcare institution. The founders, Aravindan Ortho, Chandrakumar Sundararaju, Manivannan Dnb, and Senguttuvan Duraisamy, aimed to create a comprehensive healthcare facility.


The hospital has raised USD 70 mn in its latest funding round on March 9, 2023, from IIFL Wealth Management Limited, bringing the total amount raised to USD 70 mn. The hospital has been involved in five deals to date. Kauvery Hospital provides a comprehensive range of medical services across various specialties such as Cardiology, Oncology, Orthopedics, Obstetrics and Gynecology, Neurology, and Gastroenterology. With multiple facilities in Chennai, Trichy, Salem, Hosur, and Tirunelveli, it caters to local and international patients, offering care for complex medical issues, prenatal care, and specialized pediatric services.


In the most recent year of 2023, Kauvery Hospital reported a revenue of USD 121,155,421. 30 and an EBITDA of USD 23,531,932. 90. The hospital generates income through patient billing for medical services, collaborations with insurance providers for cashless transactions, and health packages for preventive care and wellness services.


Following the recent funding round in March 2023, Kauvery Hospital plans to leverage the USD 70 mn raised to expand its market presence and enhance its service offerings. This includes the introduction of new health packages and expansion into additional geographic regions. The hospital is focused on increasing its footprint in areas that demand specialized healthcare services, aiming for development by the end of 2024.


Current Investors

Lightrock, India Venture Advisors, IIFL Wealth Management Limited

Primary Industry

Healthcare

Sub Industries

Hospitals, Healthcare IT

Website

www.kauveryhospital.com

Verticals

HealthTech

Total Amount Raised

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