# Kids Clinic India Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kids-clinic-india-private

- Industry: Healthcare
- Headquarters: Bangalore, India
- Website: www.cloudninecare.com
- Total disclosed funding: $115M
- Latest round: Series D (Mar 13, 2023)
- Investors on record: 8

## About

Kids Clinic India Private Limited, operating as Cloudnine Hospitals, is a healthcare provider focused on maternity and pediatric services in India, offering specialized care for mothers and newborns.Founded in 2007 and headquartered in Bangalore, India, Kids Clinic India Private Limited operates under the brand name Cloudnine Hospitals, providing maternity and pediatric healthcare solutions. The company has successfully completed 6 deals, with the most recent funding round occurring in July 2021, when NewQuest Capital Partners acquired a minority stake. The company has raised a total of INR 600 mn across various funding rounds. The founders include R. Kishore Kumar, Rohit A, and Vidya Kumar, with Raviganesh V serving as the current CEO.Cloudnine Hospitals specializes in providing maternity and pediatric services, including advanced maternity care, high-risk pregnancy management, fertility treatments, and neonatal care. Their facilities are designed to offer a supportive environment for mothers and their newborns, with a focus on personalized birthing experiences. The company caters to a diverse clientele in major urban centers across India, such as Bengaluru, Mumbai, and Delhi, ensuring high-quality healthcare for expectant parents and families.In 2023, Cloudnine Hospitals reported a revenue of INR 117,960,109.50 and an EBITDA of INR 16,621,183.80. The company generates revenue primarily through direct-to-consumer services, including maternity packages, fertility treatments, and pediatric consultations, with a pricing structure tailored to individual service offerings and comprehensive packages for clients.Looking ahead, Kids Clinic India Private Limited aims to introduce new products and expand its geographic footprint. The recent funding of INR 600 mn will support these initiatives, with plans to launch additional maternity and pediatric services by mid-2024, and expand into new markets in Northern India, enhancing access to quality healthcare for a broader demographic. The company's most recent deal in July 2021 reflects its ongoing commitment to strategic growth and operational excellence.

## Funding rounds

- Series D, Mar 13, 2023, $40M — TPG NewQuest, Arvon Investments Pte Limited
- Series C, Dec 22, 2015, $47M — True North, Indium V (Mauritius) Holdings Limited, Scrips N Scroll India Private Limited
- Series B, Sep 2, 2015, $2.6M — Matrix Partners, Peak XV Partners
- Series B, Oct 31, 2013, $16M — Matrix Partners, Hong Shan
- Series A, Aug 10, 2011, $9.9M — Matrix Partners

## Investors

- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series A, Series B
- Hong Shan — Series B
- Peak XV Partners (https://capitalatlas.ai/funds/peak-xv-partners) — Series B
- True North (https://capitalatlas.ai/funds/true-north) — Series C
- Indium V (Mauritius) Holdings Limited — Series C
- Scrips N Scroll India Private Limited — Series C
- TPG NewQuest (https://capitalatlas.ai/funds/tpg-newquest) — Series D
- Arvon Investments Pte Limited — Series D