Everhope Oncology, a joint venture between Narayana Health, W Health Ventures, and 2070 Health, has raised $10 million in seed funding.
The funds will be used to establish medical and surgical cancer care facilities in Delhi and Mumbai, with plans to expand to 10 cities within the next three years.
The new centers aim to provide comprehensive cancer treatment, including chemotherapy, radiation, surgery, and palliative care.
Additionally, Everhope will offer mental health counseling, nutritional guidance, and pain management services to support patients throughout their treatment journey.
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Viren Shetty, Vice Chairman of Narayana Health, highlighted the need to change misconceptions around cancer care.
“Many people avoid cancer screenings and turn to unproven treatments due to fear. We want to create a positive experience that encourages early diagnosis and effective treatment,” he said.
With one in nine Indians projected to develop cancer in their lifetime, as per the National Cancer Registry Program, the demand for accessible and efficient cancer care is increasing.
Everhope’s fundraising follows similar developments in the sector, with MOC Cancer Care & Research Centre recently raising $18 million, led by Elevation Capital.
