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Rainbow Children’s Medicare Limited (RCML), India’s leading paediatric multi‑specialty and perinatal care hospital chain, has announced the signing of a definitive agreement to acquire a majority stake in Pratiksha Hospital, Guwahati.
This acquisition marks RCML’s strategic foray into Assam and the broader Northeast region, aligning with its vision to expand into cities where specialized healthcare remains underserved. With this addition, RCML’s capacity will grow by 150 beds, taking its total network to around 2,185 beds across 21 hospitals in 8 cities.
Founded in 1995 by Dr Pramod Kumar Sharma, a pioneer of IVF, minimal‑invasive gynaecology surgery in Northeast India, Pratiksha Hospital commenced operations in Guwahati and subsequently delivered its first IVF baby in February 1997.
The transaction values Pratiksha Hospital at an enterprise valuation of ~Rs 171 crore, fully funded via RCML’s cash reserves and internal accruals. RCML will acquire a 76% controlling stake, while D. Sharma & his family will retain the balance share.
Following the acquisition, the hospital will be rebranded as ‘Pratiksha Rainbow Children’s Hospital’ and fully integrated into Rainbow’s national network. The integration will include unified branding, alignment of clinical protocols, implementation of centralised systems, and governance. The hospital will also be connected to Rainbow’s regional hubs in Hyderabad, New Delhi, Bengaluru, and Chennai, enabling advanced referrals and access to specialized pediatric and maternal care across tertiary and quaternary care.
