Hyderabad: Rainbow Children’s Medicare Limited (RCML), the country’s leading pediatric and perinatal hospital network, has now made a prominent mark in the northeast. The Hyderabad-headquartered healthcare chain has acquired a 76% stake in Guwahati’s Pratiksha Hospital, marking its official entry into the region.

The deal, finalised at an enterprise valuation of ₹171 crore, will see Pratiksha Hospital, which is a respected name in IVF and minimally invasive gynecology, now become part of Rainbow’s expanding national footprint. This  150-bed facility will soon be rebranded as Pratiksha Rainbow Children’s Hospital, integrating into RCML’s growing network that now spans 2,185 beds across 21 hospitals in eight cities.

Pratiksha Hospital was founded in 1995 by Dr. Pramod Kumar Sharma, and over the past decades, it has become a trusted name in the Northeast for its advanced reproductive and women’s health services. Further, sources report that Dr. Sharma and his family will retain a 24% stake in the hospital, continuing their legacy as part-owners as it enters a new phase under the Rainbow banner.

“This acquisition is more than an expansion; it is a commitment to bringing world-class pediatric and maternal care to underserved regions. “We see tremendous potential in the Northeast, and Guwahati is the perfect gateway,” said a senior RCML executive.

RCML will fund the acquisition through internal cash reserves, reflecting strong financial health and confidence in its growth strategy.

This newly acquired hospital will be digitally and operationally connected to Rainbow’s hubs in Hyderabad, New Delhi, Bengaluru, and Chennai, enabling patients in the Northeast to access specialized care and referral pathways that were previously out of reach.

As the need for high-quality pediatric and maternal healthcare is always the top priority across healthcare facilities across India, RCML’s latest move reflects a strategic blend of geographic expansion, service enhancement, and patient-centric care.