Narayana Health, W Health Ventures, and 2070 Health launch Everhope Oncology with $10 M investment

March 22, 2025 | Saturday | News

To establish medical and surgical cancer care facilities in Delhi and Mumbai

image credit- shutterstock

image credit- shutterstock

Everhope Oncology is a joint venture between Narayana Health, India’s leading hospital system; W Health Ventures, a pioneering healthcare venture capital firm; and 2070 Health, India’s first healthcare-focused venture studio.

The venture has secured $10 million in seed funding to establish medical and surgical cancer care facilities in Delhi and Mumbai, with plans to expand to 10 cities over the next three years.

These medical and surgical cancer care facilities will provide diagnosis, treatment, and supportive care for cancer patients, including chemotherapy, radiation, surgery, and palliative care.

Oncologists in India are overburdened, with just one oncologist for every 2,000 cancer patients—compared to 1 per 100 in the US. 

Everhope Oncology seeks to address challenges by establishing dedicated chemotherapy facilities and specialised surgical centers. These centres will offer a modern, comfortable, and infection-free environment, ensuring personalized attention, minimal wait times, and an enhanced patient experience.

A clinical board comprising experienced oncologists, in close collaboration with Narayana Health, will implement comprehensive globally validated protocols to ensure best-in-class clinical outcomes. Additionally, Everhope will provide holistic care services, including mental health counseling, nutritional consultations, and pain management. A 24/7 care concierge service will support patients between treatment sessions, providing guidance and assistance during this critical phase of their journey.

In recent years, cancer care has emerged as one of the fastest-growing specialties within multi-specialty hospitals. At the same time, there is a significant opportunity for the expansion of dedicated cancer facilities. This growth is driven by rising patient volumes, the strong economic viability of single-specialty oncology centers, increasing entrepreneurial ambitions among oncologists, and greater patient awareness, enabling patients to seek the best treatment options upon diagnosis.

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