When was Kingsway Hospitals founded?

Kingsway Hospitals was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Kingsway Hospitals located?

Kingsway Hospitals is headquartered in Nagpur, India. It is registered at 44, PARWANA BHAWAN, KINGSWAY, Nagpur, NAGPUR, Maharashtra, India, 440001.

Who is the current CEO of Kingsway Hospitals?

Ashish Chandra of Kingsway Hospitals.

Which legal entities is Kingsway Hospitals associated with?

Kingsway Hospitals is associated with SPANV MEDISEARCH LIFESCIENCES PRIVATE LIMITED.

How many employees does Kingsway Hospitals have?

As of Aug 31, 2025, Kingsway Hospitals has 860 employees, reflecting a 14% year-over-year growth in headcount.

Is Kingsway Hospitals a funded company?

Kingsway Hospitals is a funded company, having raised a total of $24.6M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 15, 2019.

How much is Kingsway Hospitals worth?

The last known valuation of Kingsway Hospitals was $***** as of Aug 30, 2022.

When was the latest funding round of Kingsway Hospitals?

Kingsway Hospitals' latest funding was a $***** Series A round on Jan 28, 2022, with participation from 25 investors. Its primary sector is Hospital Chains. In India, the Hospital Chains sector has seen $13.4M in funding in 2026 to date.

What is the annual revenue of Kingsway Hospitals?

Annual revenue of Kingsway Hospitals is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Kingsway Hospitals rank among its competitors?

Kingsway Hospitals ranks 44th amongst 300 active competitors, of which 31 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Manipal Hospitals, which secured $85M in Feb, 2024.

Who are the top competitors of Kingsway Hospitals?

Kingsway Hospitals' top competitors include Manipal Hospitals, KIMS Hospitals and Fortis Healthcare. Among them, Manipal Hospitals secured the most recent funding round in February, 2024.

Kingsway Hospitals - 2026 Company Profile, Team, Funding, Competitors & Financials

Kingsway Hospitals is an acquired company based in Nagpur (India), founded in 2017. It operates as a Chains providing medical care through multispecialty hospitals and diagnostic facilities. Kingsway Hospitals has raised $24.6M in funding from Sparkmallandparkingsolutions, with last known valuation of $*****. The company has 300 active competitors, including 31 funded and 40 that have exited. Its top competitors include companies like Manipal Hospitals, KIMS Hospitals and Fortis Healthcare.

Company Details

Chains providing medical care through multispecialty hospitals and diagnostic facilities. These institutions offer surgical procedures, critical care, and outpatient consultations across various medical disciplines. Services include cardiology, neurology, oncology, orthopedics, and reproductive health. Diagnostic capabilities encompass laboratory testing, radiology, and imaging services. The facilities manage patient care for chronic conditions, emergency medicine, and preventive health screenings. Surgical interventions are performed in modular operating theaters, supported by intensive care units and rehabilitation programs. The medical staff provides treatment for pediatric and adult patients, covering internal medicine, gastroenterology, and respiratory health.

Website: kingswayhospitals.com
Social
Email ID: *****@kingswayhospitals.com
Phone Number: +91 **********
Registered Address: 44, PARWANA BHAWAN, KINGSWAY, Nagpur, NAGPUR, Maharashtra, India, 440001

Key Metrics

Founded Year

2017

Location

Nagpur, India

Stage

Acquired

Total Funding

$24.6M in 3 rounds

Latest Funding Round

Series A, Jan 28, 2022, $*****

Last Known Valuation

$***** as on Aug 30, 2022

Investors

Sparkmallandparkingsolutions & 34 more

Ranked

44^th among 300 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

860 as on Aug 31, 2025

Similar Companies

Manipal Hospitals & 1204 more

Exit Details

Acquired by KIMS Hospitals (Aug 30, 2022)

View Kingsway Hospitals' full profile

Kingsway Hospitals is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPANV MEDISEARCH LIFESCIENCES PRIVATE LIMITED CIN: U74999MH2018PTC303510 , India, Active	Jan 01, 2018	₹100 - ₹500 Cr (As on Mar 31, 2025)	860 (As on Aug 31, 2025)

Kingsway Hospitals got acquired by KIMS Hospitals on Aug 30, 2022 at an acquisition amount of $*****.

Click here to take a look at Kingsway Hospitals's acquisition in detail

Kingsway Hospitals has raised a total funding of $24.6M over 3 rounds. Its first funding round was on May 15, 2019. Its latest funding round was a Series A round on Jan 28, 2022 for $*****. 25 investors participated in its latest round. Kingsway Hospitals has 3 institutional investors and 32 angel investors.

Here is the list of recent funding rounds of Kingsway Hospitals:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 28, 2022	1650056	Series A	5768592	9923363	7899229	7748042
May 05, 2021	4566911	Series A	2775912	8104460	1441917	Prakash Khetan & 7 more
May 15, 2019	4720418	Series A	3244057	3503069	Rajan Barokar	Pramod Dharnidhar Gandhi & 25 more

Access funding benchmarks and valuations. Sign up today!

View details of Kingsway Hospitals's funding rounds and investors

Kingsway Hospitals' employee count trend

Kingsway Hospitals has 860 employees as of Aug 25. The total employee count is 14.0% more than what it was in Aug 24. Here is Kingsway Hospitals's employee count trend over the years:

Employee count trend for Kingsway Hospitals

Uncover Kingsway Hospitals' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Kingsway Hospitals include Manipal Hospitals, KIMS Hospitals and Fortis Healthcare. Here is the list of Top 10 competitors of Kingsway Hospitals, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Manipal Hospitals 1991, Bengaluru (India), Acquired	Chain of multispecialty hospitals	$645M	TPG, Kotak Mahindra Bank & 19 others	79/100
2nd	KIMS Hospitals 2000, Secunderabad (India), Public	Chains providing multidisciplinary integrated healthcare services	$62.5M	ICICI Venture, Quadria Capital & 58 others	75/100
3rd	Fortis Healthcare 1996, Gurugram (India), Acquired	Chain of multi speciality hospitals	-	Yes Bank, Emerge Capital & 6 others	75/100
4th	Narayana Health 2000, Bengaluru (India), Public	Chain of multi speciality hospitals	$148M	British International Investment, Tech Emerge ... & 2 others	75/100
5th	Max Healthcare 2001, Delhi (India), Public	Chain of multispeciality hospitals	-	Kotak Mahindra Bank, Emerge Capital & 4 others	74/100
6th	Medanta 2004, Gurugram (India), Public	Chain of multi-super specialty healthcare hospitals	$105M	Punj Lloyd Group, Avenue Capital Group & 11 others	74/100
7th	CARE Hospitals 1997, Hyderabad (India), Acquired	Multi-specialty healthcare provider	$30M	True North, High Grace Investments & 11 others	73/100
8th	Ujala Cygnus 2011, Delhi (India), Acquired	Chain of multi-specialty hospitals	$38.5M	Eight Roads Ventures, Somerset Indus Capital Partners ... & 33 others	67/100
9th	Rainbow Hospitals 1999, Hyderabad (India), Public	Chain of multi-specialty and perinatal care hospitals	$33.8M	British International Investment, The Abraaj Group ... & 10 others	67/100
10th	KIMSHEALTH 2002, India, Acquired	Chain of multispeciality hospitals	$231M	Orbimed, True North & 105 others	66/100
44th	Kingsway Hospitals 2017, Nagpur (India), Acquired	Chains providing medical care through multispecialty hospitals and diagnostic facilities	$24.6M	Sparkmallandparkingsolutions, Smsvidhyut ... & 33 others	50/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Kingsway Hospitals's competitors? Click here to see the top ones

Founders own 4.49%, Enterprises (largest shareholder) own 40.85%, Angels own 18.75% and Other People own 35.90%. The net worth of Kingsway Hospitals's founders is INR 11.5Cr as of May 05, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	4.49%	11.5Cr	3645	5081	3444	7567
Enterprise	40.85%	105Cr	6435048	7604805	2378542	8635002
Angel	18.75%	48.2Cr	6297357	8956693	8030955	7775923
Rajan Barokar	5	4	8	8	2	8
Monika Kotapalliwar	0	0	0	0	0	0
Other People	35.90%	92.3Cr	9714038	8566668	3416951	7051390
Total	99.99%	257Cr	3496335	8605518	6261097	7444702