# Cygnus Medicare Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cygnus-medicare-private

- Industry: Healthcare
- Headquarters: Gurgaon, India
- Total disclosed funding: $7.8M
- Latest round: Series B (Dec 3, 2016)
- Investors on record: 3

## About

Founded in 2011 by co-founders Naveen Nischal, Shuchin Bajaj, and Sunil Bhayana and based in Haryana, India, Cygnus Medicare Private Limited is a provider of healthcare services. In April 2024, General Atlantic acquired a majority stake in Ujala Cygnus from Amar Ujala Limited, Lotus Management, London Medical Clinic, Eight Roads Ventures, Somerset Indus Capital Partners, and Evolvence Capital.


Cygnus Medicare Private Limited offers a variety of medical services, including kidney and liver transplantation, oncology, neurosciences, urology, gastroenterology, cardiac sciences, orthopaedics, nephrology, pulmonology, aesthetic and reconstructive surgery, endocrinology, and diabetes.
 
The April 2024 acquisition will enable Cygnus Medicare Private Limited to improve access to healthcare in underserved regions, upgrade clinical and civil infrastructure across its network, augment comprehensive care capabilities, and expand its network across Northern India

## Funding rounds

- Series B, Dec 3, 2016, $4.8M — Evolvence Capital, Eight Roads Ventures, Somerset Indus Capital Partners
- Series B, Oct 14, 2016, $3M — Eight Roads Ventures

## Investors

- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series B
- Evolvence Capital (https://capitalatlas.ai/funds/evolvence-capital) — Series B
- Somerset Indus Capital Partners (https://capitalatlas.ai/funds/somerset-indus-capital-partners) — Series B