Key facts
- Warburg Pincus, KKR, and TPG are interested in acquiring a 25% stake in Cloudnine.
- Cloudnine is India's largest maternity and pediatric hospital chain.
- The deal is expected to value Cloudnine at approximately $1 billion.
- Existing investor True North plans a complete exit.
- Cloudnine reported revenues of ₹2,000 cr and EBITDA of ₹300 cr in FY26.
Global private equity giants, including Warburg Pincus, KKR, and TPG, are reportedly competing to acquire a 25% stake in Cloudnine, India's largest maternity and pediatric hospital chain. The transaction is expected to value the company at approximately $1 billion. As part of the deal, existing investor True North is set to exit the company completely. Cloudnine's financial performance for FY26 included revenues of ₹2,000 crore and EBITDA of ₹300 crore.