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Rainbow Hospitals - About the company

Rainbow Hospitals is a public company based in Hyderabad (India), founded in 1999 by Ramesh Kancharla and Dhiraj Biswas. It operates as a Chain of multi-specialty and perinatal care hospitals. Rainbow Hospitals has raised $33.8M in funding from British International Investment. The company has 308 active competitors, including 32 funded and 38 that have exited. Its top competitors include companies like Manipal Hospitals, KIMS Hospitals and Fortis Healthcare.

Company Details

Chain of multi-specialty and perinatal care hospitals. It offers comprehensive pediatric and maternity healthcare services including NICU & PICU care, emergency & trauma, pediatric surgery, cardiology, neurology, gastroenterology, endocrinology, hematology, oncology, pulmonology, orthopedics, dentistry, ENT, developmental pediatrics, physiotherapy, and genetic disease management.
Social
X
Email ID
*****@rainbowhospitals.in
Phone Number
+91 **********
Registered Address
20-6-283, ROOP LAL BAZARPO, SHAH ALI BANDA, HYDERABAD, Telangana, India, 500065
Key Metrics
Founded Year
1999
Location
Hyderabad, India
Stage
Public
Total Funding
$33.8M in 3 rounds
Latest Funding Round
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
2,765 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Rainbow Hospitals's IPO details

Rainbow Hospitals got listed on May 10, 2022.
Click here to take a look at Rainbow Hospitals's IPO in detail
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Rainbow Hospitals's funding and investors

Rainbow Hospitals has raised a total funding of $33.8M over 3 rounds. Its first funding round was on Aug 13, 2013. Its latest funding round was a Unattributed round on Mar 2016 for $*****. 1 investor participated in its latest round. Rainbow Hospitals has 3 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Rainbow Hospitals:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 2016
8567047
Unattributed
8674455
8729887
7495532
8346185
Feb 04, 2016
7992665
Unattributed
7779760
5939667
8785536
1474021
Aug 13, 2013
5850195
Unattributed
1087264
5608299
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Rainbow Hospitals' founders and board of directors

Founder? Claim Profile
The founders of Rainbow Hospitals are Ramesh Kancharla and Dhiraj Biswas.
Here are the details of Rainbow Hospitals' key team members:

Rainbow Hospitals' Board of Directors

Rainbow Hospitals's board has 4 active members. Ramesh Kancharla is part of team and Santanu Mukherjee, Sundari Raviprasad Pisupati and Anil Dhawan are independent board members.
Here is the list of Rainbow Hospitals' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
28y 0m
Independent board member
-
Current
4y 10m
jihcmou
Independent board member
-
Current
2y 4m
suifbcr
Independent board member
-
Current
8y 2m
fczjsat
Independent board member
-
Past
3y 9m
jmiesst
Independent board member
-
Past
1y 2m
v{uqwrh
Independent board member
-
Past
2y 9m
enpuvpz
Independent board member
-
Past
3y 1m

Rainbow Hospitals' employee count trend

Rainbow Hospitals has 2,765 employees as of Mar 26. Here is Rainbow Hospitals's employee count trend over the years:
Employee count trend for Rainbow Hospitals
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Rainbow Hospitals's Competitors and alternates

Top competitors of Rainbow Hospitals include Manipal Hospitals, KIMS Hospitals and Fortis Healthcare. Here is the list of Top 10 competitors of Rainbow Hospitals, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Manipal Hospitals
Manipal Hospitals
1991, Bengaluru (India), Public
Chain of multispecialty hospitals
$645M
79/100
2nd
Logo for KIMS Hospitals
KIMS Hospitals
2000, Secunderabad (India), Public
Chains providing multidisciplinary integrated healthcare services
$62.5M
75/100
3rd
Logo for Fortis Healthcare
Fortis Healthcare
1996, Gurugram (India), Acquired
Chain of multi speciality hospitals
-
75/100
4th
Logo for Narayana Health
Narayana Health
2000, Bengaluru (India), Public
Chain of multi speciality hospitals
$148M
75/100
5th
Logo for Max Healthcare
Max Healthcare
2001, Delhi (India), Public
Chain of multispeciality hospitals
-
74/100
6th
Logo for Medanta
Medanta
2004, Gurugram (India), Public
Chain of multi-super specialty healthcare hospitals
$105M
74/100
7th
Logo for CARE Hospitals
CARE Hospitals
1997, Hyderabad (India), Acquired
Multi-specialty healthcare provider
$30M
73/100
8th
Logo for Ujala Cygnus
Ujala Cygnus
2011, Delhi (India), Acquired
Chain of multi-specialty hospitals
$38.5M
68/100
9th
Logo for KIMSHEALTH
KIMSHEALTH
2002, India, Acquired
Chain of multispeciality hospitals
$231M
67/100
10th
Logo for Rainbow Hospitals
Rainbow Hospitals
1999, Hyderabad (India), Public
Chain of multi-specialty and perinatal care hospitals
$33.8M
66/100
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Rainbow Hospitals's Latest cap tables and shareholding

Founders (largest shareholder) own 39.89%, Funds own 24.76%, Angels own 12.59% and Other People own 3.58%. The net worth of Rainbow Hospitals's founders is INR 504Cr as of Feb 04, 2016.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
39.89%
504Cr
6519884
4397929
2235401
6497062
9883141
6131803
3529952
7867870
3210285
3290905
Fund
24.76%
313Cr
3978530
1733385
5502991
2829351
Angel
12.59%
159Cr
8057352
2706338
5109674
5662322
Other People
3.58%
45.2Cr
350
259
416
558
ESOP Pool
19.19%
242Cr
7902659
3447875
7191987
4411343
Total
100.00%
1,260Cr
2772917
7777748
4344689
4963681
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer

Rainbow Hospitals's Investments and acquisitions

Rainbow Hospitals has acquired 2 companies including Pratiksha Hospital and Prashanthi Hospitals. Rainbow Hospitals has not made any investments as of now.

Reports related to Rainbow Hospitals

Here is the latest report on Rainbow Hospitals's sector:

News related to Rainbow Hospitals

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Media has covered Rainbow Hospitals for a total of 8 events in the last 1 year, 7 of them have been about company updates.
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FAQs about Rainbow Hospitals

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