Behind every successful treatment and every healthy baby delivered, there’s a hospital that is appreciated. Imagine a time when finding expert care for your child was a challenge. However, there is a chain that has been serving the child and women’s healthcare needs across six cities via 19 hospitals in India. What started as a small hospital in Hyderabad has now become a symbol of hope for families across India – Rainbow Children’s Hospitals.
Today, we will read about Rainbow Hospital History since the time it began its operations in 1999.
Rainbow Hospital History
It all began on 14th November 1999, when Rainbow Children’s Hospital took its first step. It was done with Rainbow Hospital Pediatric Care at Banjara Hills, Hyderabad.
This single establishment marked the start of a transformative journey for Rainbow Medicare!
In the early days, Rainbow’s mission was simple—to offer compassionate care to children. And so, it wasn’t long before their facility in Banjara Hills grew into a tertiary care centre.
The year 2007 brought a significant breakthrough when Rainbow expanded its services to include perinatal care.
They did it through “BirthRight by Rainbow Hospitals”.
This new addition of Rainbow Children’s Hospital focused on the critical needs of mothers and babies. It was an early sign of Rainbow’s commitment to holistic healthcare.
By 2009, Rainbow had already extended its reach, opening a new hospital at Vikrampuri. And just a year later, in 2010, they opened their first outpatient clinic in Madhapur.
The network of care was growing rapidly with Rainbow Children’s Hospitals. Another addition came in with a new hospital opening in Kondapur in 2013. This was followed by hospitals in Hydernagar and Marathahalli in 2015.
In 2016, they established a hospital on Bannerghatta Road in Bangalore. By this time, the hospital network had become a trusted name known for its dedication to providing children with the best care.
A major milestone came in 2017, when Rainbow Children’s Hospital expanded beyond Hyderabad and Bangalore, opening Madhukar Rainbow Hospital in New Delhi.
In 2018, Rainbow came into the limelight with the creation of the Rainbow Children’s Heart Institute (RCHI), a dedicated pediatric cardiac centre.
As the years rolled on, Rainbow Children’s Hospital continued its rapid expansion. In 2019, it was a year of growth for the organisation—Rosewalk Healthcare Private Limited, one of its subsidiaries, received its certificate of establishment, while the hospital launched an outpatient and IVF facility at Kondapur.
By 2020, Rainbow expanded further into Byatarayanapura village, Yelahanka, and Hubli, Bengaluru.
As their presence grew, so did their reputation for excellence.
In 2021, they relocated and expanded the Vikrampuri Hospital.
The hospitals’ footprint continued to expand in 2023, with new units opened in Himayat Nagar and Financial District.
By 2024, Rainbow Children’s Hospital reached even greater heights, with new units opened in Sarjapur and Annanagar and a new clinic at Hennur.
From its humble beginnings to its vast network of 19 hospitals and four clinics across 6 cities, Rainbow Children’s Hospital continues to lead the way in pediatric healthcare.
Throughout this incredible journey, Rainbow Children’s Hospital has evolved into much more than just a healthcare provider.
The rest, as they say, is history, and Rainbow Children’s Hospital continues to shape the future of pediatric healthcare in India.
About Rainbow Hospitals
Rainbow Hospitals is India’s leading pediatric and women’s care hospital chain. They have been ranked No. 1 in the country for child and women’s healthcare, as recognised by the Outlook Health Awards 2023. With a network across cities like Bengaluru, Chennai, Delhi, and Hyderabad, Rainbow Children’s Hospital offers specialised care. The hospital chain is home to over 700 expert doctors and has treated more than 1.5 million happy patients. Known for its centres of excellence in areas like neonatal and pediatric ICU, cardiology, and child psychology, Rainbow delivers world-class healthcare.
- Founded: 1999, by Dr. Ramesh Kancharla
- Hospitals: 19 hospitals across 6 cities in India
- Beds: 1900+ beds
- Headquartered in Hyderabad, India.
Services:
- Pediatric care.
- Neonatal care.
- Maternity healthcare.
- Women’s healthcare.
- Fertility clinics.
- Outpatient clinics.
Hospitals:
- Operates 19 hospitals and 3 outpatient clinics across several cities in India, including:
- Hyderabad
- Bangalore
- Delhi
- Chennai
- Vijayawada
- Visakhapatnam
- Key Services:
- Pediatric Care
- Women Care
- Fertility Care
- Emergency, Neonatal, and Pediatric Intensive Care Units (ICU)
- Specialties:
- Pediatric Cardiology (Rainbow Children’s Heart Institute)
- Pediatric Neurology, Hemato-Oncology, Gastroenterology, Orthopedics, Ophthalmology, and more
- Women’s Obstetrics and Gynecology, including IVF and Painless Delivery
- Locations: Bengaluru, Chennai, Delhi, Visakhapatnam, Vijayawada, Hyderabad
- Patient-Centred: Dedicated to high-quality, compassionate care with a focus on families and children’s health.
Financial Highlights – Q2 FY 24-25
As per the latest reports, the Rainbow Hospital revenue is ₹4174.6 million (up 25.5% from last year). Its EBITDA (profit before interest, taxes, depreciation, and amortisation was ₹1470.8 million (up 25.1%).
Rainbow Hospitals: Leading the Way in Sustainable Healthcare Practice
Rainbow Hospitals is committed to protecting the environment and addressing global challenges like climate change and global warming. The hospital chain works to reduce its carbon footprint, minimise waste, and conserve energy and water through responsible practices. This includes managing both medical and non-medical waste properly.
To promote sustainability, Rainbow Hospitals takes several actions:
- They raise awareness among employees about environmental issues.
- On Environmental Day, employees take an oath to commit to environmental safety and resource optimisation.
- Active participants in environmental activities are recognised and celebrated.
- The hospital holds quarterly ESG (Environmental, Social, and Governance) meetings to track energy use, water consumption, and carbon emissions.
- Every year, they conduct workshops to review and improve their environmental practices.
Through these efforts, Rainbow Hospitals is working to create a more sustainable and eco-friendly healthcare environment.
FAQs: Rainbow Children Medicare Ltd
The founder of Rainbow Hospitals is Dr. Ramesh Kancharla.
Dr. Ramesh Kancharla is the Chairman and Managing Director (MD) of Rainbow Hospitals.
Rainbow Hospitals operates 19 hospitals across 6 cities in India.
Rainbow Hospitals was founded in 1999 by Dr. Ramesh Kancharla in Hyderabad, initially focusing on pediatric care, and has since expanded to 19 hospitals in various cities.
Rainbow Hospitals is ranked as the 10th largest healthcare company in India by market capitalization.
Rainbow Children Medicare Ltd operates a chain of pediatric and maternal healthcare hospitals, providing services such as pediatric care, neonatal care, etc.
Rainbow Children’s Hospital was founded in 1999 by Dr. Ramesh Kancharla in Hyderabad, and it initially focused on pediatric care. Over the years, it has expanded into a leading healthcare provider for both children and women.
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