Agrawal Healthcare

The clinic's primary focus is on providing child care, maternity, gynecology, and pediatrics services. It aims to deliver affordable and high-quality healthcare. The business operates on a 'hub-and-spoke' model, with larger central facilities (hubs) handling complex procedures and smaller clinics (spokes) managing basic care and referrals. This model allows for efficient scaling. The company's revenue is primarily generated from surgeries, which account for 65% of its income, and product sales, which contribute 21%.

Agrawal Healthcare has a significant presence in India and Africa. In India, as of September 2024, its network included 28 hubs and 165 spokes across 117 cities in 14 states and four union territories. The company has stated plans to expand its network from over 150 centers to more than 300 within three years, with a focus on markets in Mumbai, Punjab, and central and northern India. The expansion strategy includes both greenfield projects and the acquisition of smaller hospitals and chains.

The company has raised a total of $217 million in funding over eight rounds. Its latest funding was a Series D round in August 2023. Key investors include Temasek and TPG Growth. As of March 31, 2025, the company reported an annual revenue of ₹1,760Cr.