In October 2019, Everstone acquired a majority stake in Sahyadri, an India-based chain of multi-specialty hospitals with strong clinical credentials across neurosciences, cardiac sciences, orthopedics, oncology, transplants and critical care.
Since Everstone’s acquisition, the company increased the overall bed counts and upgraded faculty and medical equipment, driving surgeries as a percentage of total cases from 45% in 2019 to 65%. The investor helped increase the company’s workforce by 58%, with women comprising over half of the employees and no gender pay gap. Under Everstone’s leadership, Sahyadri avoided 529 tons of CO2 emissions and saved an annual average of 75,000 cubic meters of fresh water and approximately 186MW hours of electricity per year.