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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