Unlisted Markets

Cloudnine Group of Hospitals (Neev Health Solutions Pvt Ltd)

Healthcare · Hospital Chain (Maternity & Child Care)

Unlisted / private marketUnlistedScreened Candidate
Prospera Indicative PriceIndicative price unavailable

Awaiting a verified source quote. No third-party quote is on record for this company yet, so there is no indicative price to show — and we would rather leave it blank than print a number we cannot stand behind. Our team can confirm the current dealable level directly.

Indicative private-market reference — not an exchange quote. Not investment advice.

Implied valuation
Not available
Revenue growth
Not disclosed
EBITDA margin
Not disclosed
Prospera Score
Not yet scored
Orientation

What the market says, and what we know.

Two separate things, deliberately shown side by side: a sourced private-market price reference, and the depth of research that actually stands behind this company today.

Market reference

No third-party quote has been sourced for this company yet, so there is no market reference to show. Ask us to check the current level and we will come back with what the market is actually doing.

Prospera researchScreened Candidate
  1. Research Universe — availableCatalogued as a strategically relevant private-market company.
  2. Basic Research — availableBusiness and ownership facts verified against primary sources — 2 sourced records on file.
  3. Deep Research — not availableNot started. No financials, no implied valuation and no Prospera Score exist for this company.
  4. Prospera Recommendation — not availableNo Prospera view has been published. Presence in the universe is not a recommendation.
Price history

Indicative Private-Market Price History

Real, dated third-party observations only — plotted where they exist, never interpolated, extended or carried forward. This is a record of private-market sightings, not a live exchange chart.

Price history not available. No dated third-party quotes have been sourced for this company yet.

What the company does

The business, in plain English.

Assembled only from records that exist for this company. Anything not disclosed says so.

Founded
2007
Headquarters
Bengaluru, Karnataka
Sector
Healthcare · Hospital Chain (Maternity & Child Care)
Promoters
Dr. R. Kishore Kumar

What it does

Cloudnine is a specialised women-and-child healthcare hospital chain in India, focused on maternity, gynaecology, fertility (IVF), paediatrics and neonatal intensive care, operating more than 40 centres across 15+ cities including Bengaluru, Mumbai, Delhi-NCR, Chennai and Hyderabad. It was founded in Bengaluru in 2007 by neonatologist Dr. R. Kishore Kumar. The chain filed for an IPO in 2022 but did not proceed; as of 2026 global private-equity firms including TPG NewQuest, Advent International, CVC Capital Partners and Permira are reportedly bidding for a stake at a valuation exceeding Rs. 11,000 crore.

Source: The Ken / Cloudnine (official)

Why it matters

Competes with Motherhood Hospitals and listed paediatric-focused Rainbow Children's Medicare, as well as Apollo Cradle, in India's maternity and child-care hospital segment.

Source: Not attributed

Ownership structure

Founder-led with institutional ownership built up over multiple funding rounds (past investors include True North and Sequoia Capital); as of 2026 global PE firms are bidding for a controlling stake

Promoters & principal holders: Dr. R. Kishore Kumar

Private-market context

Unlisted; withdrew a 2022 IPO attempt and is now pursuing a private-equity stake sale instead

UnlistedPre-IPODRHP FiledPublic

What to understand before investing

  • Unlisted shares can be difficult to sell. There may be no continuous market and no guaranteed buyer at the price you see.
  • Any price shown here is an indicative private-market reference, not an exchange quote and not an executable price.
  • An expected IPO may be delayed, repriced or never happen at all.
  • A good company can still be a poor investment at the wrong valuation.
These are standing characteristics of the asset class, not findings about this company. Company-specific risks appear below only where they have been researched.
Research status

Research is not yet complete for this company.

We would rather say that plainly than publish a page that looks finished.

No financials, no implied valuation and no peer comparison have been researched for this company yet.

No Prospera Private Market Score and no Prospera view exist. Being in our universe is not a recommendation, and we will not manufacture one to fill this space.

What you can rely on above is what has actually been verified: the company's identity and business facts, any sourced price observations on record, and any risks that have been documented. If you want us to prioritise deeper work here, ask — that is genuinely how the queue gets set.

Risk

What could go wrong.

Documented, per-company risks — grouped by the categories the research itself recorded. There is no risk score here, because we do not compute one.

IPO

1 recorded risk

Cloudnine already tried and failed to build sufficient investor confidence for a public listing around 2022, and has since pivoted toward a private-equity stake sale rather than relisting for an IPO.

Source: The Ken
Corporate events

What's happened, and why it matters.

Dated, sourced events only — recorded as they were reported, in reverse order of significance to a private-market holder.

  1. Acquisition1 May 2026

    Agrees to take over Apollo Health and Lifestyle's maternity, childcare and fertility operations

    Significantly expands Cloudnine's footprint and scale ahead of a potential new PE-backed ownership structure.

    Source: The Ken
  2. DRHP Filed11 Feb 2022

    Files draft IPO papers with SEBI

    First attempt to list, at a valuation of roughly Rs. 4,000 crore; the offering was later not pursued to completion.

    Source: Business Standard
Sources & evidence

Everything traceable.

Every figure on this page comes from one of the records below. Where a source published a link, it is here.

FieldSourceAs of
Business DescriptionThe Ken / Cloudnine (official)Not disclosed
Competitive PositionNot attributedNot disclosed
Next step

Interested in Cloudnine Group of Hospitals (Neev Health Solutions Pvt Ltd)?

Every option below opens a conversation with a person at Prospera. Nothing here places, reserves or executes an order.

We will come back with the current dealable level, the available lot size and what the process actually involves. Indicative prices shown on this page are private-market references, not executable quotes.