Ujala Cygnus partners with General Atlantic

Ujala Cygnus, a leading healthcare provider in Northern India with a network of 21 hospitals serving Tier-II and Tier-III cities, announced that it has entered into a partnership with General Atlantic. As part of the agreement, General Atlantic will acquire a significant majority stake in Ujala Cygnus.

Our India Ventures team, Somerset Indus Capital and Evolvence Capital made a full exit, reaffirming the company's growth and track record of creating value for shareholders and investors.

The company will use the investment from General Atlantic to upgrade clinical and civil infrastructure across the Ujala Cygnus network and to augment comprehensive care capabilities across key specialties in each of the markets it serves. In addition, the investment will enable Ujala Cygnus to deliver on its mission to ensure improved healthcare access in underserved regions and to support healthcare professionals seeking to serve closer to their roots through expansion of its network across Northern India.

Dr. Shuchin Bajaj, Founder Director of Ujala Cygnus, said “We’ve witnessed numerous doctors relocating from metropolitan areas to places like Agra, Varanasi, and Jammu, drawn by the prospect of delivering quality care and achieving positive outcomes in communities close to their roots. With General Atlantic’s support, we look forward to the expansion of our platform and welcome more healthcare practitioners to join this transformative movement and the Ujala Cygnus mission.”

Ujala Cygnus was established in November 2019 with the merger of Ujala Health Care and Cygnus Medicare. Ujala Health Care is the diversified Healthcare Entity of Amar Ujala Group, a well-known brand that enjoys the highest brand equity in rural, tier 2 and 3 towns of Northern India. On the other hand, Cygnus Medicare was created by professional doctors to provide high-quality secondary and tertiary health care facilities to tier 2 and tier 3 towns, especially during the golden hour of critical care. Cygnus Medicare was established to help patients who risk losing their lives while travelling to big cities in critical illness.

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