Founded by M.A Rohit and Rajagopal Kishore Kumar in 2007, Cloudnine is India's leading chain of maternity, childcare, and fertility hospitals. The company has established itself as a trusted destination for premium maternal and neonatal care, combining clinical expertise with advanced infrastructure. Cloudnine operates across major Indian cities and has rapidly expanded its footprint to meet the rising demand for quality maternity and pediatric services. With consistent profitability, strong brand recognition, and a focus on patient-centric care, Cloudnine is considered a pioneer in India's specialized healthcare sector.
| Founded | 2007 |
|---|---|
| Headquarters | Bengaluru, India |
| Valuation | ~$400 million (2023 est.) |
| Annual Revenue (FY24 est.) | ₹900 Cr |
| Net Profit (FY24 est.) | ₹60 Cr |
| Employees | ~3,500 |
| Round | Year | Amount | Lead Investors |
|---|---|---|---|
| Series A | 2013 | $16 million | Sequoia Capital |
| Series B | 2015 | $45 million | CDC Group, Sequoia Capital |
| Series C | 2017 | $52 million | Multiples PE, others |
Cloudnine’s revenue has grown from ₹650 Cr in FY22 to an estimated ₹900 Cr in FY24, driven by network expansion and strong demand for premium maternal healthcare services. Profitability has consistently improved with operational efficiencies.
EBITDA margins have increased from 12% in FY22 to 18% in FY24, reflecting cost optimization, better capacity utilization, and premium service pricing.
Cloudnine’s workforce grew from 2,800 in FY22 to 3,500 in FY24, supporting its expanding hospital network, clinical programs, and enhanced patient care initiatives.
Cloudnine plans to further expand into tier-2 cities, introduce specialized service lines, and strengthen digital health offerings. The company is also exploring IPO opportunities to fuel its growth plans.
Cloudnine recently expanded into new cities and partnered with insurance and fintech platforms to make premium maternal care more accessible and affordable to a wider audience.
| Metric | Detail |
|---|---|
| Revenue FY24 | ₹900 Cr (+15% YoY) – Driven by network expansion and strong patient demand. |
| Net Profit FY24 | ₹60 Cr – Consistent profitability with robust operational discipline. |
| EBITDA Margin | 18% – Improved margins from service mix and efficiency gains. |
| Valuation | $400 million – Strong investor confidence and pre-IPO momentum. |
| Employee Count | 3,500 – Expanded workforce to support new facilities and services. |
Cloudnine’s leadership in specialized maternity and pediatric care showcases its strong brand, operational excellence, and growth potential. Backed by institutional investors and poised for further expansion, it remains a top player in India’s healthcare market. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Entrackr, Economic Times, Business Standard, Cloudnine press releases.
Disclaimer: The information presented in this report is intended for general informational purposes only and does not constitute investment advice. All financial data is based on public sources and estimates where necessary.