Metropolis Healthcare
Metropolis Healthcare is a leading diagnostic company based in Mumbai, India, recognized for its extensive service menu that includes over 4,500 types of tests. With 34 years of experience, the company processes approximately 15 million tests annually, serving more than 10,000 laboratories, hospitals, nursing homes, and 200,000 doctors across the country. Metropolis is accredited by both the National Accreditation Board for Testing and Calibration Laboratories and the College of American Pathologists, underscoring its commitment to quality and accuracy. In addition to its core pathology services, Metropolis has diversified its offerings over the past decade to include clinical trials, hospital lab management, home health services, preventive health check-ups, and corporate wellness solutions. This expansion reflects the company's dedication to advancing healthcare diagnostics in India and enhancing patient care.
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4 past transactions
Scientific Pathology
Acquisition in 2025
Scientific Pathology specializes in diagnostic services, offering a wide array of tests including blood and urine analyses, along with other pathology services. They employ modern technology for accurate results and provide home collection services for patient convenience.
Core Diagnostics
Acquisition in 2024
Core Diagnostics Private Limited, established in 2012 and located in Gurugram, India, is a clinical laboratory specializing in advanced diagnostic solutions aimed at disease stratification and therapy selection. The company emphasizes the use of next-generation diagnostic techniques to enhance healthcare outcomes, striving to provide comprehensive and high-quality testing services. With a commitment to innovation, Core Diagnostics aims to be a leading provider of sophisticated diagnostic solutions in India, catering to the growing demand for precision medicine.
Hitech Diagnostic Centre
Acquisition in 2021
Hitech Diagnostic Centre Established in 1986, runs 31 laboratories including three NABL and ICMR accredited laboratories and 68 collection centres strategically spread across the states of Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, and the Union Territory of Pondicherry. Hitech is the second-largest player in Chennai behind Metropolis and is a leader in non-Chennai markets in the state of Tamil Nadu. Hitech caters to the mid-segment of the market and has a large B2C footprint. The Brand has a strong recall in the diagnostics industry in all its end markets. It has a test menu of more than 1,100 tests ranging from routine to highly impenetrable molecular & genetic assays. In FY20, 59% of the test menu was focused on blood biochemistry and endocrinology. The company's revenue for FY20 stood at Rs 83.3 crore with an EBITDA margin profile similar to Metropolis.
Shraddha Pathology Lab
Acquisition in 2020
Shraddha Pathology Laboratory is established since 2000 and has proved its quality services in field of Laboratory medicine.
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