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INDUSTRY FIRST

Newquest Capital Partners Backs Cloudnine, India’S Premium Birthing Center For Maternal, Childcare And Fertility Care

Jul 28, 2021•about 4 years ago

Description

NewQuest Capital Partners (“NewQuest”), the leading dedicated secondary private equity platform focused on the Asia-Pacific region, has announced that it has acquired a minority interest in Kids Clinic India Private Limited that operates as Cloudnine chain of hospitals across India. This stake has been acquired through a combination of a primary investment and acquisition of a secondary stake from existing investors and other shareholders.

Company Information

Company

Cloudnine Birthing Centre

About

Cloudnine, is India’s leading chain of women, childcare, and fertility hospitals headquartered in Bengaluru spread across 16 facilities in Gurgaon, Noida, Chandigarh, Panchkula, Chennai, Mumbai and Pune. Founded by neonatologist Dr.R. Kishore Kumar with his team of three co-founders in 2006, Cloudnine Group of Hospitals is backed by marquee investors – True North, NewQuest, Sequoia India. We are committed to setting new standards in healthcare by offering comprehensive maternal, fertility, gynaecological, neonatal and pediatric care. Having celebrated over 100,000 births across regions, with a 3000+ strong team, Cloudnine has been the pioneer in this specialty sector with continued effort to add new locations across India while continuing to maintain and excel international standards of care. For more information, visit www.cloudninecare.com or write to info@cloudninecare.com

FundzWatch™ Score

Medium Activity