Ashraya Hospital

What Ashraya Hospital does

Ashraya Hospital is a private, NABH-accredited multi-specialty hospital operating from a single facility in the heart of Chikmagalur, Karnataka, India, established on 28th November 1988. The hospital operates 150 beds distributed across medical, surgical, obstetrics/gynecology, pediatrics, orthopedics, eye/ENT, ICU/ICCU, and burns departments, delivering care across more than 20 specialties including cardiology, urology, neurology, nephrology, dermatology, ophthalmology, IVF, and neonatology. Notable technical capabilities include a 3rd generation digital flat panel GE Cathlab for 24/7 cardiac interventions, a 12-bedded Level III NICU, a 64-slice CT scan, and advanced reproductive technology services through the Ashraya Center for Fertility and Assisted Reproduction. The hospital also operates the Ashraya Institute of Nursing Science, offering a 3.5-year Diploma in General Nursing program.

The business model is service-based, with revenue generated from outpatient consultations, inpatient admissions, surgical procedures, diagnostic imaging, laboratory services, and an in-house 24/7 pharmacy. Pricing is quote-based and not publicly disclosed; the hospital bills through 30+ recognized insurance providers and TPAs (including ICICI Lombard, Bajaj Allianz, Star Health, and Paramount Health Services) as well as government health schemes (Arogya Bhagya, ESIC, BPL cards, Karnataka Government Employees). The customer base is broadly diversified across walk-in patients, insured patients, government scheme beneficiaries, and corporate clients such as BSNL and ICICI Prudential. Go-to-market is sales-led, relying on doctor referrals within the network, insurance and TPA visibility, community health programs, and geographic accessibility via a central Chikmagalur location near the KSRTC busstand.

Leadership is family-led, with Dr. D.L. Vijay Kumar serving as Medical Director and Dr. Shubha Vijay as Director, supported by a team of specialist consultants. The hospital is independently owned with no evidence of external investment, parent company, or public listing, and no M&A or funding activity is recorded. It operates as a standalone single-site provider within the Karnataka market, with no disclosed geographic expansion plans beyond Chikmagalur.

Name

Ashraya Hospital

Legal name

Ashraya Hospital

Website

https://ashrayahospital.in

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1–10 employees

Short description

Ashraya Hospital is a privately owned, NABH-accredited 150-bed multi-specialty hospital in Chikmagalur, Karnataka, delivering care across 20+ specialties including cardiology, urology, IVF, and neonatology to walk-in, insured, and government scheme patients.

Ownership category

akta.pro rank

Headquarters

HQ city

Chikmagalur

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Supply Chain, Technology or R&D

Revenue model

1. Patient Consultation and Treatment Services: Revenue generated from outpatient consultations, inpatient admissions, surgical procedures, diagnostic tests, and treatment across all medical specialties.
2. Diagnostic and Laboratory Services: Revenue from radiology services (CT scan, X-ray, ultrasound, mammography), pathology tests, and imaging procedures performed in-house.
3. Pharmacy Services: Revenue from the 24/7 in-house pharmacy providing medications to inpatients and outpatients.
4. Insurance and Government Scheme Billing: Revenue billed through recognized insurance providers, TPAs, and government health schemes including Arogya Bhagya, ESIC, BPL cards, and multiple corporate/health insurance plans.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Ashraya Hospital is a NABH-accredited, 150-bed multi-specialty hospital providing comprehensive inpatient and outpatient healthcare across 20+ medical specialties including cardiology, urology, obstetrics and gynecology, IVF, neonatology, pediatrics, orthopedics, neurology, nephrology, ophthalmology, ENT, dermatology, dental, pathology, and radiology. The hospital operates a 24/7 emergency department, ICU/ICCU, advanced cardiac cathlab, Level III NICU, in-house pharmacy, ambulance service, and an attached nursing institute (Ashraya Institute of Nursing Science).

Product overview

Ashraya Hospital is a multi-specialty NABH-accredited hospital in Chikmagalur, Karnataka, offering comprehensive healthcare services across 20+ medical specialties. The hospital operates a 150-bed facility providing services in urology, cardiology, gynaecology/obstetrics, IVF (Ashraya Center for Fertility), neonatal/child healthcare, ophthalmology, orthopaedics, neurology, radiology, dental care, nephrology, general surgery, pediatrics, dermatology, ENT, pathology, and anesthesiology. Key facilities include 24×7 emergency/ICU, digital GE Cathlab, 64-slice CT scan, Level III NICU, and comprehensive laboratory services. The hospital also operates the Ashraya Institute of Nursing Science offering a Diploma in General Nursing program. Services span from primary care to advanced procedures including kidney transplantation, cardiac interventions, IVF, and complex surgeries.

Differentiator

Problem solved

Functional benefit

Brands

• Ashraya Center for Fertility and Assisted Reproduction: IVF and fertility treatment center operating within Ashraya Hospital, offering services including IVF, ICSI, IUI, TESA, donor programs, and surrogacy.

Products and services

• Urology Services Diagnostic and surgical services for kidney, bladder, urethra, prostate, and male genitalia disorders across all age groups, including kidney transplantation with high success rates.
• Cardiology Services 24x7 cardiac care including CCU/ICU, emergency cardiac services, digital flat panel GE Cathlab (USA), coronary angiogram, stenting, angioplasty, pacemaker, and cardiac monitoring.
• Gynaecology & Obstetrics Services High-risk pregnancy management, neonatal ICU support, specialized procedures including fallopian tube reopening, ovarian cysts treatment, continuous fetal monitoring, and painless labor management.
• Ashraya Center for Fertility and Assisted Reproduction (IVF) In vitro fertilization (IVF) and assisted reproductive technology (ART) services including ICSI, PGD, egg freezing, gamete freezing, surrogacy, IUI, and donor programs with personalized treatment plans.
• Neonatal & Child Health Care 12-bedded Level III NICU with 24/7 neonatologists, non-invasive (CPAP, HFNC) and invasive ventilation including HFO, preterm care, extreme low birth weight management, and pediatric cardiology.
• Ophthalmology Services Eye care including phacoemulsification cataract surgery, complicated cataract surgery, corneal transplantation, LASIK laser keratorefractive surgery, glaucoma treatment, and pediatric cataract surgery.
• Orthopaedics Services Trauma and emergency surgeries, spine surgeries including laminectomy and microdiscectomy, shoulder specialties, rotator cuff repairs, and arthroplasty procedures.
• Neurology Services Emergency stroke services with 24-hour availability for thrombolytic therapy, management of neurological disorders including brain/spinal tumors, aneurysms, microdiscectomy, and specialized spinal procedures.
• Radiology Services Medical imaging including 64-slice CT scan, digital X-ray, mammography, ultrasonography, vascular Doppler, teleradiology, and interventional radiology for neurological conditions.
• Dental Services Comprehensive dental care including dental implants, root canal treatment, orthodontics with straight wire technique, metal and ceramic braces, lingual braces, oral surgery, and scaling.
• Nephrology Services Kidney disease management including glomerular disease, acute kidney injury, chronic kidney disease, dialysis, and renal transplantation with AVF creation and CAPD.
• General Surgery Services Gastrointestinal surgery including laparoscopic procedures, gastric bypass, appendectomy, cholecystectomy, hernia repair, and bariatric surgery with gastric banding.
• Pediatrics Services Pediatric care from birth to 18 years including PICU, ventilator care, vaccination, well baby clinic, pediatric cardiology, neurology, endocrinology, and pediatric surgery.
• Skin & Dermatology Services Treatment of skin diseases including acne, eczema, psoriasis, modern PUVA therapy, cosmetic procedures, cauterization, radio frequency cautery, and glycolic peeling.
• ENT Services Ear, nose, and throat care including microsurgery of ear, endoscopic sinus surgery, diagnostic video nasopharyngolaryngoscopy, bronchoscopy, cosmetic rhinoplasty, and head neck surgery.
• Pathology Services Full-fledged diagnostic laboratory with fine needle aspiration biopsy, frozen section analysis, automated chemistry analyzers, hematology, microbiology, biochemistry, and immunology.
• 24x7 Emergency & ICU Services Round-the-clock emergency department, ICU/ICCU, casualty ward with 2 beds, portable X-ray, separated Boyles apparatus, emergency life support system, and ambulance service.
• Ashraya Institute of Nursing Science Diploma in General Nursing program with 3.5-year duration, comprehensive curriculum covering biological sciences, behavioral sciences, fundamentals of nursing, community health nursing, and clinical training.

Quantifiable outcome

• One of the highest success rates in kidney transplantations in the region
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

18 partnerships are on record, tiered core and minor.

• Arogya BhagyacoreOthersGovernment of Karnataka health scheme recognized by the hospital for providing affordable healthcare to eligible beneficiaries. Patients can avail cashless treatment under this scheme.
• ICICI Lombard General InsurancecoreOthersMajor private general insurance provider recognized by the hospital. Insured patients can avail cashless treatment for covered procedures and hospitalizations.
• Bajaj Allianz General InsurancecoreOthersPrivate general insurance provider recognized by the hospital for cashless treatment services.
• Star Health and Allied InsurancecoreOthersSpecialized health insurance company recognized for cashless hospitalization services at the hospital.
• Paramount Health Services (P) Ltd.coreOthersThird Party Administrator managing cashless health insurance claims. Processes insurance payments and facilitates cashless treatment for insured patients.
• Family Health Plan LimitedcoreOthersTPA recognized by the hospital for processing health insurance claims and enabling cashless treatment for patients.
• MD India Healthcare Services Pvt. Ltd.coreOthersTPA providing cashless health insurance services. Enables insured patients to receive treatment without upfront payment.
• Cholamandalam Investment and Finance Company (Cholamandalam)minorOthersInsurance provider recognized for cashless treatment facilitation at the hospital.
• United Health CareminorOthersInternational health insurance provider with Indian operations recognized at the hospital for cashless treatment.
• ICICI Prudential Life InsuranceminorOthersLife and health insurance provider recognized for facilitating patient treatment at the hospital.
• Future General India InsuranceminorOthersGeneral insurance provider with health coverage recognized at the hospital.
• Vipul Med CorpminorOthersTPA facilitating health insurance claims and cashless treatment services.
• E-MeditekminorOthersTPA managing health insurance claims and cashless treatment facilitation.
• IFFCO Tokio General InsuranceminorOthersAgriculturally-focused insurance provider with health coverage recognized at the hospital.
• Medicare TPA Pvt. Ltd.minorOthersTPA providing cashless treatment facilitation and health insurance claim processing services.
• Government of Karnataka - Government Employees Health SchemecoreOthersRecognized by Government of Karnataka for providing healthcare services to government employees under the employee health scheme.
• B.S.N.LminorOthersBharat Sanchar Nigam Limited, a government telecom corporation, with recognized employee health coverage at the hospital.
• Health India, Anmol Medi Care, Good Health Plan Ltd., Roth Shield Health Care, Focus Health Care, I-Care, DHS, Homeguard Fire & Emergency, Park Medi Claim, Spurthi Meditech, Anyutha Medinet Health Care, T.T.K, IFFCO TokiominorOthersVarious additional insurance providers, TPAs, and corporate health scheme partners providing cashless treatment access to their members/employees at the hospital.

Scale indicators5 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Fortis Healthcare: National multi-specialty hospital chain with comparable tertiary care offerings including cardiology, nephrology, and reproductive medicine. Competes for insured patients in tier-2/3 markets.
• Aster DM Healthcare: Large multi-specialty hospital chain expanding across India with comparable specialty coverage including cardiac, nephrology, and IVF. Larger scale and broader insurance network than Ashraya.
• Apollo Hospitals: India's largest hospital network offering comprehensive multi-specialty care including cardiology, nephrology, and transplant. Comparable service portfolio but operates at national scale with stronger brand recognition and corporate insurance partnerships.
• Narayana Health: Affordable multi-specialty hospital chain with strengths in cardiac surgery, nephrology, and transplant — overlapping directly with Ashraya's flagship specialties. Operates nationally with an asset-light tier-2/3 expansion model.
• Manipal Hospitals: One of India's largest multi-specialty hospital chains with a major presence in Karnataka, including tier-2/3 cities. Comparable in offering multi-specialty tertiary care, NABH accreditation, and broad insurance tie-ups, but at significantly larger scale and geographic reach.

Regional players

• Sagar Hospitals: Bangalore-based multi-specialty hospital offering tertiary care across comparable specialties. Regional Karnataka peer with similar service portfolio but different catchment.
• Sparsh Hospitals: Karnataka-based multi-specialty hospital group with strong orthopedic and trauma focus. Comparable as a Karnataka-rooted multi-specialty provider, though Sparsh is concentrated in Bangalore while Ashraya serves Chikmagalur.
• BGS Gleneagles Global Hospitals: Karnataka-based tertiary multi-specialty hospital known for transplant and complex care. Comparable in specialty depth (transplant, nephrology) and Karnataka operating geography.
• People Tree Hospitals: Bangalore-based multi-specialty hospital with comparable tertiary services including cardiology and emergency care. Geographic peer within Karnataka, though operating in a larger metro market.

Direct peers

• KIMS Hospitals: Multi-specialty hospital group with strong presence in tier-2/3 Indian cities, offering cardiology, nephrology, and emergency services. Most comparable in scale and operating model to Ashraya as a regional tertiary hospital.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ashrayahospitalckm
• LinkedInlinkedin.com/company/ashraya-hospital

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ashraya Hospital