When was Medicover founded?

Medicover was founded in 1995 and raised its 1st funding round 18 years after it was founded.

Where is Medicover located?

Medicover is headquartered in Hyderabad, India. It is registered at # 16/6/965, S.No. 932/1C, NH-5, BALIJAPALEM, CHINTA REDDY PALEM CROSS ROADS, NELLORE, Andhra Pradesh, India, 524002.

Which legal entities is Medicover associated with?

Medicover is associated with SAHRUDAYA HEALTH CARE PRIVATE LIMITED and 9 others.

How many employees does Medicover have?

As of Aug 31, 2026, the latest employee count at Medicover is 3893.

Is Medicover a funded company?

Medicover is a funded company, having raised a total of $31M across 7 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Mar 25, 2013.

How much is Medicover worth?

The last known valuation of Medicover was ₹***** as of Jul 03, 2017.

When was the latest funding round of Medicover?

Medicover's latest funding was a $***** Series B round on Aug 22, 2017, with participation from 1 investor.

What is the annual revenue of Medicover?

Annual revenue of Medicover is more than ₹1,000 Cr as on Mar 31, 2025

Where does Medicover rank among its competitors?

Medicover ranks 3rd amongst 23 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Geri Care, which secured $1.51M in Apr, 2026.

Who are the top competitors of Medicover?

Medicover's top competitors include Apollo Hospitals, P. D. Hinduja Hospital and SSO Hospital. Among them, Geri Care secured the most recent funding round in April, 2026.

Medicover - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Medicover an acquired company?

Medicover got acquired by KKR on Aug 08, 2026.

Company Details

Health system. The group offers a comprehensive range of healthcare services. Its extensive network includes clinics, hospitals, specialty care centers, fertility units, and diagnostic laboratories.

Website: www.medicoverhospitals.in/
Social
Email ID: *****@medicoverhospitals.in
Phone Number: +91 **********
Part Of
Registered Address: # 16/6/965, S.No. 932/1C, NH-5, BALIJAPALEM, CHINTA REDDY PALEM CROSS ROADS, NELLORE, Andhra Pradesh, India, 524002

Key Metrics

Founded Year

1995

Location

Hyderabad, India

Stage

Acquired

Total Funding

$31M in 7 rounds

Latest Funding Round

Series B, Aug 22, 2017, $*****

Last Known Valuation

₹***** as on Jul 03, 2017

Investors

Medicover

Ranked

3^rd among 23 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

3,893 as on Aug 31, 2026

Similar Companies

HCA & 454 more

Exit Details

Acquired by KKR (Aug 08, 2026)

View Medicover's full profile

Medicover is associated with 10 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
ABHAYANJANEYA HEALTH CARE PRIVATE LIMITED CIN: U85110AP2010PTC070814 , India, Active	Oct 12, 2010	₹100 - ₹500 Cr (As on Mar 31, 2025)	-
SAHRUDAYA HEALTH CARE (VIZIANAGARAM) PRIVATE LIMITED CIN: U85310TG2021PTC157978 , India, Active	Dec 16, 2021	₹50 - ₹100 Cr (As on Mar 31, 2025)	-
DR. K. SRIDHHAR HEALTHCARE PRIVATE LIMITED CIN: U85320TG2017PTC121450 , India, Active	Dec 27, 2017	₹10 - ₹50 Cr (As on Mar 31, 2025)	127 (As on May 31, 2024)
MOI HEALTH CARE PRIVATE LIMITED CIN: U85320TG2016PTC112944 , India, Active	Nov 16, 2016	₹10 - ₹50 Cr (As on Mar 31, 2025)	94 (As on Apr 01, 2026)
SAHRUDAYA HEALTH CARE (KURNOOL) PRIVATE LIMITED CIN: U85191TG2015PTC101361 , India, Amalgamated	Oct 27, 2015	₹50 - ₹100 Cr (As on Mar 31, 2023)	214 (As on Apr 30, 2025)
NIHARIKA HOSPITAL PRIVATE LIMITED CIN: U85110TG2013PTC088575 , India, Amalgamated	Jun 24, 2013	₹10 - ₹50 Cr (As on Mar 31, 2021)	5 (As on Mar 31, 2024)
SUYOSHA HEALTHCARE PRIVATE LIMITED CIN: U85110TG2011PTC073953 , India, Amalgamated	Apr 19, 2011	₹10 - ₹50 Cr (As on Mar 31, 2023)	84 (As on Feb 29, 2024)
SAHRUDAYA HEALTH CARE (SRIKAKULAM) PRIVATE LIMITED CIN: U85100TG2020PTC138309 , India, Active	Jan 09, 2020	₹50 - ₹100 Cr (As on Mar 31, 2025)	989 (As on Feb 29, 2024)
SAHRUDAYA HEALTH CARE (KARIMNAGAR) PRIVATE LIMITED CIN: U85100TG2015PTC100902 , India, Amalgamated	Sep 26, 2015	₹10 - ₹50 Cr (As on Mar 31, 2021)	989 (As on Feb 29, 2024)
SAHRUDAYA HEALTH CARE PRIVATE LIMITED CIN: U85100TG2011PTC072383 , India, Active	Jan 25, 2011	₹1,000+ Cr (As on Mar 31, 2025)	1870 (As on May 01, 2026)

Medicover got acquired by KKR on Aug 08, 2026 at an acquisition amount of $*****.

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

Medicover has raised a total funding of $31M over 7 rounds. Its first funding round was on Mar 25, 2013. Its latest funding round was a Series B round on Aug 22, 2017 for $*****. 1 investor participated in its latest round. Medicover has 1 institutional investor.

Here is the list of recent funding rounds of Medicover:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 22, 2017	5168378	Series B	1349394	5198583	8007323	7885121
May 15, 2017	2902050	Series A	8967313	5858604	9197608	1116292
Oct 03, 2015	4311937	Unattributed	6110588	5222732	Aniruddh Mundra	7192780

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Medicover's employee count trend

Medicover has 3,893 employees as of Aug 26. Here is Medicover's employee count trend over the years:

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Top competitors of Medicover include Apollo Hospitals, P. D. Hinduja Hospital and SSO Hospital. Here is the list of Top 10 competitors of Medicover, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Apollo Hospitals 1983, Chennai (India), Public	Chain of multispecialty hospitals	-	TWL Holdings, Khazanah Nasional Berhad & 10 others	70/100
2nd	P. D. Hinduja Hospital 1951, Mumbai (India), Unfunded	Multi Specialty Hospital	-	-	54/100
3rd	Medicover 1995, Hyderabad (India), Acquired	Health system	$31M	Medicover	61/100
4th	SSO Hospital 2020, Mumbai (India), Seed	Health systems	$3.72M	Everhope & 7 others	46/100
5th	Geri Care 2018, Chennai (India), Series A	Provider of diversified home healthcare solutions for consumers	$17M	InvAscent & 32 others	45/100
6th	IOCI 2005, Delhi (India), Series A	Chains providing cancer care, treatment, diagnostics, and surgical oncology services	$6.71M	Trivikram Constructions and Developers, AKM ... & 8 others	41/100
7th	The Mission Hospital 2008, Durgapur (India), Unfunded	Standalone multispeciality hospital	-	-	34/100
8th	Cancertherapycentres 2005, Noida (India), Series A	Chains providing cancer care through a network of hospitals	$6.96M	AKM, Rajasthan Venture Capital Fund & 6 others	33/100
9th	Muthoot Health Care 1988, Pathanamthitta (India), Unfunded	Chain of multispeciality hospitals	-	-	31/100
10th	Allied Health Organisation 2018, Delhi (India), Unfunded	Health system	-	-	25/100

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Founders own 25.45%, Parent Entities own 0.21%, Enterprises own 18.39% and Angels (largest shareholder) own 34.66%. The net worth of Medicover's founders is INR 104Cr as of Jul 03, 2017.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	25.45%	104Cr	7580745	4117098	9910458	2061379
Parent Entity	0.21%	87.5L	0	0	0	0
Enterprise	18.39%	75.3Cr	9489333	7058251	9040367	6645591
Angel	34.66%	142Cr	8454557	3169144	2111791	7194016
Dumpa Prabhavathi	1276879	4508854	9399995	3162890	7145835	1813872
D Reddy	6509782	9212602	9693682	9442452	9714027	4835331
Aniruddh Mundra	4279	9460	1319	8680	3690	5536
Other Investors	21.29%	87.2Cr	3692987	1706771	1829089	4744221
Total	100.00%	409Cr	8821709	1147074	2184480	9382080