Key facts
- Warburg Pincus, KKR, and TPG are reportedly interested in acquiring a 25% stake in Cloudnine.
- Cloudnine is India's largest maternity and pediatric hospital chain.
- The transaction is expected to value Cloudnine at approximately $1 billion.
- Existing investor True North plans a complete exit.
- Cloudnine reported revenues of ₹2,000 crore and EBITDA of ₹300 crore in FY26.
Global private equity firms, including Warburg Pincus, KKR, and TPG, are reportedly in contention to acquire a 25% stake in Cloudnine, India's largest chain of maternity and pediatric hospitals. The deal is anticipated to place a valuation of approximately $1 billion on the company. True North, an existing investor, is expected to divest its entire holding as part of this transaction. Cloudnine's financial performance for the fiscal year 2026 indicates revenues of ₹2,000 crore and an EBITDA of ₹300 crore.