Rainbow Children’s Medicare, a paediatric multi‑specialty and perinatal care hospital chain, today announces the signing of a definitive agreement to acquire a majority stake in Pratiksha Hospital, Guwahati.
Founded in 1995 by Dr Pramod Kumar Sharma, Pratiksha Hospital commenced operations in Guwahati and subsequently delivered its first IVF baby in February 1997.
This acquisition marks RCML’s strategic foray into Assam and the broader Northeast region, aligning with its aim to expand into cities where specialised 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
The transaction values Pratiksha Hospital at an enterprise valuation of ~INR 171 crore, fully funded via RCML’s cash reserves and internal accruals. RCML will acquire a 76 per cent controlling stake, while Dr. 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 specialised pediatric and maternal care across tertiary and quaternary care.