Archive · 13 Aug 2025
Rainbow Children’s Medicare Acquires Stake in Pratiksha Hospital
A hospital company called Rainbow Children’s Medicare is buying a big part of a hospital in Northeast India called Pratiksha Hospital.
Rainbow is paying about 171 crore rupees for 76% of Pratiksha.
The money for the purchase will come from Rainbow’s own savings.
The person who started Pratiksha Hospital will still own 24% of it.
Pratiksha has been around since 1995, and they helped deliver the first IVF baby in Northeast India.
This means the hospital is expanding to a new region.
Rainbow Children’s Medicare Ltd (RCML) will acquire a 76% stake in Pratiksha Hospital.
The acquisition, valued at Rs171 crore, will be funded through RCML's cash reserves.
RCML has signed an agreement with Pratiksha Hospital's promoters for the stake purchase.
Dr. Pramod Kumar Sharma and family will retain a 24% stake.
Pratiksha Hospital, established in 1995, delivered its first IVF baby in February 1997.
- Who
- Rainbow Children’s Medicare Ltd (RCML) and Pratiksha Hospital are the main parties involved.
- What
- Rainbow Children’s Medicare Ltd (RCML) is acquiring a 76% stake in Pratiksha Hospital.
- When
- The news was announced on Tuesday, regarding an agreement that was signed.
- Where
- Pratiksha Hospital is located in Guwahati, Northeast India.
- Why
- The reason for the acquisition is expansion into Northeast India.
- Acquisition
- 76% stake in Pratiksha Hospital
- Acquisition Value
- Rs171 crore
- Funding
- RCML's cash reserves and internal accruals
- Seller
- Dr. Pramod Kumar Sharma and family
- Hospital Location
- Guwahati, Northeast India
- Pratiksha Hospital established
- 1995