Nova Specialty Hospitals - About the company
Nova Specialty Hospitals is an acquired company based in Bengaluru (India), founded in 2009 by Mahesh Reddy and Suresh Soni. It operates as a Chain of ambulatory surgery centres. Nova Specialty Hospitals has raised $113M in funding from investors like New Enterprise Associates, Goldman Sachs and GTI Capital Group, with last known valuation of ₹*****. The company has 3 active competitors, including 1 funded and 2 that have exited. Its top competitors are Nidan Health Care and AB Hospitals.
Company Details
Chain of ambulatory surgery centres. And provides a variety of medical services across multiple specialties include Orthopedics, Bariatric, Laparoscopic & General Surgery.
- Website
- novaspecialtyhospitals.com
Key Metrics
Founded Year
2009
Location
Bengaluru, India
Stage
Acquired
Total Funding
$113M in 8 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Sep 15, 2022
Investors
Ranked
1st among 3 active competitors
Employee Count
83 as on Sep 30, 2026
Exit Details
Acquired by Apollo Health and Lifestyle (Jan 06, 2015)
Nova Specialty Hospitals's acquisition details
Nova Specialty Hospitals got acquired by Apollo Health and Lifestyle on Jan 06, 2015 at an acquisition amount of $*****.
Click here to take a look at Nova Specialty Hospitals's acquisition in detail
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Nova Specialty Hospitals's funding and investors
Nova Specialty Hospitals has raised a total funding of $113M over 8 rounds. Its first funding round was on Jul 25, 2009. Its latest funding round was a Angel round on Jul 24, 2022 for $*****. 5 investors participated in its latest round. Nova Specialty Hospitals has 8 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Nova Specialty Hospitals:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 24, 2022 | 1325427 | Angel | 9718601 | 3924503 | 8198559 | 5655060 |
Oct 09, 2013 | 1526967 | Series C | 2507934 | 8291606 | 8618352 | |
Aug 13, 2012 | 7205153 | Series C | 5795843 | 8693835 |
View details of Nova Specialty Hospitals's funding rounds and investors
Nova Specialty Hospitals' founders and board of directors
Founder? Claim ProfileThe founders of Nova Specialty Hospitals are Mahesh Reddy and Suresh Soni.
Here are the details of Nova Specialty Hospitals' key team members:
- Mahesh Reddy: Co-Founder of Nova Specialty Hospitals and founder of 1 other company. They are also an angel investor in 3 startups and serve on the board of 1 company.
- Suresh Soni: Co-Founder & CEO of Nova Specialty Hospitals and founder of 2 other companies, Nova IVF Fertility and Nova Medical Centers. They serve on the board of 1 company.
Nova Specialty Hospitals' Board of Directors
Nova Specialty Hospitals's board has 4 active members. Ritesh Pandey, Michael Schulhof and Mohamad Makhzoumi are part of team and Ankur Thadani is independent board member.Here is the list of Nova Specialty Hospitals' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
svdveas | Team | - | Past | 2y 8m |
tiedmcs | Team | - | Past | 3y 6m |
fodsppc | Team | - | Past | 7y 7m |
Investor | - | Current | 6y 10m | |
lhpvqzm | Investor | ffzywbe | Past | 7y 6m |
ltr{hq{ | Investor | pblxtre | Past | 7y 5m |
xtwbyqx | Investor | lpzuidi | Past | 7y 7m |
mkvxjg{ | Investor | rrslkni | Past | 7y 1m |
{phlp{p | Investor | dzelxxv | Past | 6y 1m |
{tpmtlw | Investor | psspkjg | Past | 8y 3m |
enubrxi | Investor | vcklcde | Past | 8y 2m |
Independent board member | - | Current | 7y 5m | |
tnjwbwr | Independent board member | - | Past | 9y 8m |
hmt{vmy | Independent board member | - | Past | 9y 6m |
ywufdlm | Independent board member | - | Past | 5y 1m |
bgkewcp | Independent board member | - | Past | 5y 1m |
g{akmxq | Independent board member | - | Past | 2y 3m |
View details of Nova Specialty Hospitals's Founder profiles and Board Members
Nova Specialty Hospitals' employee count trend
Nova Specialty Hospitals has 83 employees as of Sep 26. Here is Nova Specialty Hospitals's employee count trend over the years:
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Nova Specialty Hospitals's Competitors and alternates
Top competitors of Nova Specialty Hospitals include Nidan Health Care and AB Hospitals. Here is the list of Top 10 competitors of Nova Specialty Hospitals, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nova Specialty Hospitals 2009, Bengaluru (India), Acquired | Chain of ambulatory surgery centres | $113M | 44/100 | |
2nd | Nidan Health Care 1995, Mumbai (India), Public | Chain of diagnostics clinics | - | - | 29/100 |
3rd | AB Hospitals 2017, Gurugram (India), Seed | Chain of ambulatory surgery centers | $142K | 25/100 |
Looking for more details on Nova Specialty Hospitals's competitors? Click here to see the top ones
Nova Specialty Hospitals's Investments and acquisitions
Nova Specialty Hospitals has made no investments or acquisitions yet.
Reports related to Nova Specialty Hospitals
Here is the latest report on Nova Specialty Hospitals's sector:
News related to Nova Specialty Hospitals
•
Apollo Health to relaunch Nova Speciality as Apollo SpectraBusiness Standard•Jul 16, 2015•Nova Specialty Hospitals, Apollo Hospitals
•
Apollo Hospitals acquires Nova Medical’s surgical unit for $24MVCCircle•Jan 06, 2015•Nova Specialty Hospitals, Apollo Hospitals
•
Nova Specialty Surgery is now Nova Specialty HospitalsBusiness Line•Jan 06, 2014•Nova Specialty Hospitals
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