Cloudnine Hospitals, one of India’s leading maternity and paediatric care chains, is reportedly in advanced negotiations to acquire Apollo Cradle and Children’s Hospital (ACCHL) in a deal valued at approximately ₹1,500 crore, according to sources familiar with the development.
The Bengaluru-based network has signed an exclusivity agreement and initiated due diligence around two weeks ago. If finalized, this transaction would mark a major consolidation in India’s mother and child healthcare segment, reshaping the competitive landscape of the sector.
Apollo Cradle, a unit of Apollo Specialty Hospitals, currently operates around 363 beds across 13 hospitals in major cities including Bengaluru, Chennai, Delhi-NCR, Gurugram, Hyderabad, Amritsar, and Uttar Pradesh. Despite posting a net loss of ₹40 lakh in the last fiscal year, the brand remains a prominent player in premium maternity and infant care services.
“Apollo Hospitals is deeply committed to the mother and child category, which remains a core element of our portfolio. We are exploring avenues to expand this category, ensuring we serve more women and children with the most advanced and compassionate healthcare available,” said a spokesperson for Apollo Hospitals.
Founded in 2006 by Dr. R Kishore Kumar, along with co-founders Rohit MA, M Ramachandra, and Vidya Kumar, Cloudnine Hospitals operates 40 centres under the Kids Clinic India brand. Backed by investors including True North, TPG NewQuest, and Temasek, the chain has recorded 25% revenue growth in FY25, reaching ₹1,486 crore.
If the acquisition goes through, Cloudnine Hospitals will emerge as India’s largest integrated maternity and paediatric care provider, significantly expanding its national footprint and strengthening its leadership in the rapidly growing mother and child healthcare market.
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