Cygnus Hospitals to add 40 units in North India
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Operating a chain of super specialty units with presence in Delhi and Haryana, Cygnus Hospitals has recently announced its focus to now launch 40 new hospitals in the North India.
With 10 hospitals currently operating under its belt, the Delhi-based group aims to achieve the new target of hospital launch in the next three years.
Cygnus Hospitals currently has a presence in Delhi, Sonepat, Panipat, Karnal, and Kurukshetra.
The growth is backed by confidence of its investors in the group. It had raised about Rs 60 crore in a new round of funding from Fidelity Growth Partners India and existing backer Somerset Indus Capital Fund, last year. However, no detail of the planned expansion was shared by the company then.
"The journey of Cygnus Hospitals accelerated when investors like Somerset and Fidelity backed our growth. By March 2016, we will have 15 medical facilities and by March 2018, we will grow to a total of 50 hospitals," Cygnus Group of Hospitals Director Dinesh Batra said in a statement.
With 10 hospitals currently operating under its belt, the Delhi-based group aims to achieve the new target of hospital launch in the next three years.
Cygnus Hospitals currently has a presence in Delhi, Sonepat, Panipat, Karnal, and Kurukshetra.
The growth is backed by confidence of its investors in the group. It had raised about Rs 60 crore in a new round of funding from Fidelity Growth Partners India and existing backer Somerset Indus Capital Fund, last year. However, no detail of the planned expansion was shared by the company then.
"The journey of Cygnus Hospitals accelerated when investors like Somerset and Fidelity backed our growth. By March 2016, we will have 15 medical facilities and by March 2018, we will grow to a total of 50 hospitals," Cygnus Group of Hospitals Director Dinesh Batra said in a statement.
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