|Founders||Prathap C. Reddy|
|Headquarters||Chennai, Tamil Nadu, |
|South Asia, Middle East|
|Products||Hospitals, pharmacy, diagnostic centres, home care|
|Revenue||₹16,612 crore (US$2.1 billion) (FY23)|
|₹1,524 crore (US$190 million) (FY23)|
|₹845 crore (US$110 million) (FY23)|
|Total assets||₹10,780 crore (US$1.4 billion) (FY23)|
|Total equity||₹6,924 crore (US$870 million) (FY23)|
Number of employees
Apollo Hospitals Enterprise Limited is an Indian for-profit private hospital network headquartered in Chennai. It is the largest hospital chain in India, with a network of 71 owned and managed hospitals. Along with the eponymous hospital chain, the company also operates pharmacies, primary care and diagnostic centres, telehealth clinics, and digital healthcare services among others through its subsidiaries.
The company was founded by Prathap C. Reddy in 1983 as the first corporate healthcare provider in India. Several of Apollo's hospitals have been among the first in India to receive international healthcare accreditation by the America-based Joint Commission International (JCI) as well as NABH accreditation.
Apollo Hospitals was founded by Prathap C. Reddy in 1983 as the first corporate health care in India. The first branch at Chennai was inaugurated by the then President of India Zail Singh.
Apollo developed telemedicine services, after starting a pilot project in 2000 at Aragonda, Prathap Reddy's home village.
In 2006, Apollo exited its hospital in Colombo called Apollo Hospital Sri Lanka by selling its stake to Sri Lanka Insurance.
In 2007, Apollo Hospitals and DKV AG established a 74:26 joint venture health insurance company called Apollo DKV Insurance Co. The company was rebranded as Apollo Munich Health Insurance in 2009.
In December 2012, Apollo Hospitals sold its 38% stake in Apollo Health Street, the group's healthcare business process outsourcing division, to Sutherland Global Services for ₹225 crore (US$42.11 million).
In 2014, Apollo Hospitals acquired Hetero Med Solutions, a South Indian pharmacy chain with 320 stores, from Hetero Group for ₹146 crore (US$23.92 million) in a slump sale. The stores were rebranded as Apollo Pharmacy.
In October 2015, Apollo launched home care services under Apollo HomeCare and its digital healthcare platform called Ask Apollo.
Apollo signed an MoU with Health Education England in April 2017 to provide a large number of doctors to fill vacancies in the English National Health Service.
In January 2019, Apollo opened Apollo Proton Cancer Centre in Chennai, which is reportedly the first proton therapy facility across South Asia, Southeast Asia and the Middle East.
In 2020, Apollo Hospitals sold its 50.80% percent majority stake in Apollo Munich Health Insurance to HDFC for ₹1,495 crore (US$190 million). It also sold its joint venture hospital in Dhaka to Evercare.
In March 2022, Apollo Hospitals got included in Nifty 50 benchmark index, replacing Indian Oil, to become the first hospital company to be included on the index.
Apollo Proton Cancer Centre, Chennai
Indraprastha Apollo Hospital, Delhi
Apollo Cancer Hospital & Research Centre, Bangalore
Apollo HealthCo was formed in 2021 with the merger of the group's non-hospital pharmacy chain Apollo Pharmacy and its digital healthcare business known as Apollo 24/7.
Apollo Health and Lifestyle is the primary and secondary care arm of the group which operates multi-specialty clinics under Apollo Clinics, diagnostics and pathology labs under Apollo Diagnostics, diabetes clinics under Apollo Sugar, dental hospitals under Apollo White, dialysis centres under Apollo Dialysis, minimally invasive surgical hospitals under Apollo Spectra, women/children hospitals under Apollo Cradle, and fertility clinics under Apollo Fertility.
The chain of clinics was founded in 2014 to create preventive healthcare and reduce the incidence of complications of diabetes. Apollo Sugar Clinics collaborates with Sanofi India which manufactures many prescription medications for both type 1 and type 2 diabetes. In January 2018, Apollo Sugar Clinics entered into a partnership with Israeli company GlucoMe, a maker of wireless blood glucose meters that can transfer blood glucose data to a medical care team.
Apollo TeleHealth Services owns the telehealth network of the group, operating via a business-to-consumer model under which it offers direct services like online consultations, appointment booking, medicine delivery, among others; a business-to-business offering to corporates for their employees; and a business-to-government agreement providing telehealth services in partnership with public health systems. Established in 1999, it is headquartered in Hyderabad and has more than 100 franchised teleclinics.